Eligible Green Projects definition

Eligible Green Projects means projects intended to reduce carbon emissions or provide other environmental

Eligible Green Projects means projects as defined in the following categories:

Eligible Green Projects means projects relating to the transmission of renewable electricity from offshore wind power plants into the onshore electricity grid using direct current technology or alternating current technology.

Examples of Eligible Green Projects in a sentence

• The market price of the Green Bonds may be impacted by any failure by us to allocate an amount equal to the 2029 Notes Green Proceeds and the 2030 Notes Green Proceeds to Eligible Green Projects, take the other actions as described under the Green Financing Framework or to otherwise meet or continue to meet the investment requirements of certain sustainability-focused investors.

• Risks relating to the Green Bonds The terms and conditions of the Green Bonds will not require that we allocate an amount equal to the 2029 Notes Green Proceeds and the 2030 Notes Green Proceeds to Eligible Green Projects or take the other actions as described under the Green Financing Framework, and our failure to do so could adversely impact the value of the Green Bonds.

• Nor can there be any assurance that such Eligible Green Projects will be completed within any specified period or at all or with the results or outcome (whether or not related to the environment) as originally expected or anticipated.

• You may not agree with the ultimate allocation of amounts relating to the Green Bonds, even if we believe the expenditures to which we allocate such amounts were in respect of Eligible Green Projects.

• The Eligible Green Projects to which we expect to allocate amounts relating to the Green Bonds have complex direct or indirect environmental, sustainability or social impacts and such Eligible Green Projects may become controversial or be criticised by activist groups or other stakeholders.

More Definitions of Eligible Green Projects

Eligible Green Projects means projects relating to the transmission of renewable electricity from offshore wind power plants into the onshore electricity grid using direct current technology or alternating current technology and/or the development, construction and reconstruction of the onshore electricity grid to enhance the transmission capacity for renewable energy.

Eligible Green Projects means projects within the following eligible categories: (i) renewable energy;

Eligible Green Projects means: (i) investments in acquisitions of buildings; (ii) building developments or redevelopments; (iii) renovations in existing buildings; and (iv) tenant improvement projects, in each case, that have received, or are expected to receive, in the three years prior to the issuance of the Notes or during the term of the Notes, a Leadership in Energy and Environmental Design (LEED) Silver, Gold or Platinum certification (or environmentally equivalent successor standards).

Eligible Green Projects means each of the following three grid projects as further specified under (i) through (iii) below and the hydropower plant project as further specified under (iv) below:

Eligible Green Projects means projects falling under the “Green eligible categories” of energy efficiency, renewable energy, sustainable water management or sustainable waste management, each as further described in the Bank’s Global Sustainable Bond Framework and Green Bond Framework, and any other “green” projects set out in the ICMA Green Bond Principles from time to time.

Eligible Green Projects means projects falling within the “Green eligible categories” in the SDG Bond Framework. As of the date of this Base Prospectus, categories of such projects include projects for: (a) energy efficiency, (b) sustainable transport, (c) water, (d) waste management and (e) renewable energy.

Eligible Green Projects means Renewable Energy Projects and Transmission, Distribution and Smart Grid Projects which meet a set of environmental and social criteria approved both by the Guarantor and by a reputed sustainability rating agency, and are available on the Guarantor’s website (www.iberdrola.es) in the investor relations section.