Dubai terminal operator DP World has raised $1.5bn through a green sukuk. The sukuk, which was oversubscribed 2.3x due to strong demand from local, regional and international investors, is listed on both Nasdaq Dubai and the London Stock Exchange. Proceeds will be earmarked for eligible green projects including electrification, renewable energy, clean transportation and energy efficiency.
Tags: DP World, dubai, Green Projects
Recent Posts
Zero-carbon ammonia for shipping faces challenges
Wärtsilä signs lifecycle agreement for 7 Capital Gas LNG carriers
ABS releases report on nuclear LNG carrier design
NTPC develops indigenous catalyst for methanol production
Huangpu Wenchong receives AIP from CCS for ships using methanol and ammonia
Climate change will cause India’s GDP to decline by 24.7% by 2070: ADB
Masdar and EMSTEEL complete project using green hydrogen to produce steel
DNV Grants HHI AiP for ammonia DF large container vessel