Since 2023, the EUGB Regulation has provided a uniform set of specific requirements for bonds issued by financial and non-financial undertakings and sovereigns that wish to use the designation ‘European Green Bond’ or ‘EuGB’ for such bonds.

This week, Arthur Cox Listings acted as Irish Listing Agent on the successful approval by the Central Bank of Ireland of Hydro‘s base prospectus relating to its €5,000,000,000 Euro Medium Term Note Programme on the Regulated Market in Ireland. The final terms included in the base prospectus specify that a relevant Tranche of Notes may be designated as being “European Green Bonds” or “EuGB” and/or as being Green Notes.

This is the first EuGB Bond compliant prospectus to have been approved by the Central Bank of Ireland.

Hydro is a Norwegian aluminium and renewable energy company, founded in 1905 and headquartered in Oslo.

The Arthur Cox team was led by Helen Berrill and Lorena Thornton (Arthur Cox Listings).

For more information about Arthur Cox Listings please visit the Arthur Cox Listings service page.