SSE Provides a Boost to Europe’s Stagnant Green Bond Market (1)

SSE Plc is reviving Europe’s limping green bond market with its first euro sale of the notes since 2018.

The company boosted the size of its seven-year green deal to 650 million euros ($664 million) from an expected 500 million euros after amassing more than 5.75 billion euros of orders, according to a person familiar with the matter, who asked not to be identified because they’re not authorized to speak about it. Investors are piling in after a dearth of corporate issuance, with SSE’s offering the first non-financial green bond deal this month, according to data compiled by Bloomberg.