*Argentine renewable energy company Genneia has announced the placement of a green bond worth US$400m on the international market. In a post on social media, Genneia said the bond had a coupon rate of 7.75% and would mature in eight years. The company said the bond exceeded the initial target of US$300m, receiving offers for more than US$860m. With this placement, Genneia said it had reached more than US$1.28bn issued in green bonds. On 14 November Bloomberg reported that Genneia was preparing an initial public offering (IPO) in New York for as soon as the first quarter of 2026, citing
“people familiar with the matter”. According to data compiled by Bloomberg, this would be the first IPO from Argentina in the US since at least 2019, making it the first since President
Javier Milei took office in December 2023.
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