SOCAR issues $200M "green bonds" to boost climate finance in Azerbaijan, supporting renewable energy and zero-emission goals by 2050. Invest by Feb 28, 2025.
Azerbaijan’s state-run oil company set to issue inaugural “green bonds” which will definitely boost climate finance market in the country.
On 15th January, SOCAR will issue 200,000 bonds with a nominal value of $1,000 each. Offering an annual yield of 6%, the bonds will provide quarterly interest payments. Investors can purchase the bonds until February 28, 2025.
PASHA Capital Investment Company serves as the underwriter for this issuance initiative, while “green bonds” will be available at SOCAR Bonds kiosks in ASAN centers, as well as through investment companies registered in Azerbaijan.
Sustainability-linked bonds offer SOCAR Green new funding to support renewable energy projects and investments reinforcing its commitment to accelerating SOCAR’s transition to a zero-emission national energy company by 2050.
Established in 2024, SOCAR Green is a subsidiary of SOCAR initiating large-scale solar, wind, and green hydrogen projects through strategic partnerships with international leaders in renewable energy.
SOCAR Energy Switzerland, a subsidiary of the State Oil Company of the Azerbaijani Republic (SOCAR), has commissioned Switzerland’s first fast-charging station for electric trucks.
Vietnam and Azerbaijan plan to expand cooperation in oil exploration and production. Several energy sector agreements were signed during the recent state visit of To Lam, General Secretary of the Communist Party of Vietnam, to Azerbaijan.
On March 4, President of the Republic of Azerbaijan Ilham Aliyev met with Nail Maganov, General Director of Russia’s "Tatneft," Askhat Khassenov, Chairman of the Management Board of Kazakhstan’s "KazMunayGas," and Bakhodirjon Sidikov, Chairman of the Board of Uzbekistan’s "Uzbekneftegaz."
During his visit to Azerbaijan on May 25, Ukrainian Foreign Minister Andrii Sybiha commemorated historical and cultural connections between the two countries by visiting symbolic landmarks in Baku.
Azerbaijan’s Foreign Minister Jeyhun Bayramov and Ukrainian Foreign Minister Andrii Sybiha discuss ongoing efforts for peace amid the Russia-Ukraine conflict during a joint press conference.
Former midfielder Xabi Alonso has been appointed as Real Madrid’s new head coach on a three-year contract, returning to the club where he won multiple titles as a player.
Poland’s ruling party holds a "patriotic march" in Warsaw on Sunday, just days before the second round of the presidential elections.
The Netherlands will complete its pledge of 24 F-16 fighter jets to Ukraine on Monday, as the final aircraft is set for delivery, Dutch Defence Minister Ruben Brekelmans announced on Sunday.
Tensions flare in the India-France Rafale deal as France refuses to share the fighter jet’s source code, limiting India’s ability to integrate indigenous weapons and reducing its combat autonomy.
France has rejected India’s request to share source codes needed to integrate indigenous weapons into Rafale fighter jets. Despite repeated appeals, French manufacturer Dassault Aviation has refused to compromise on the issue
AnewZ takes to the streets of Yerevan and Baku to ask a simple yet deeply complex question: How do you see peace between Armenia and Azerbaijan? In the first part of our special report, we hear the hopes, doubts, and scars still shaping people’s perspectives on both sides.
Anton Kobyakov, adviser to Russian President Vladimir Putin, claimed at the St. Petersburg International Legal Forum that the USSR’s dissolution was legally invalid and that the Soviet Union still exists under constitutional law, framing the Ukraine war as an “internal process.”
Kyiv faced a large-scale Russian drone and missile assault overnight, with explosions and gunfire echoing throughout the city, forcing residents to shelter in subway stations.
During his visit to Azerbaijan on May 25, Ukrainian Foreign Minister Andrii Sybiha commemorated historical and cultural connections between the two countries by visiting symbolic landmarks in Baku.
Azerbaijan’s Foreign Minister Jeyhun Bayramov and Ukrainian Foreign Minister Andrii Sybiha discuss ongoing efforts for peace amid the Russia-Ukraine conflict during a joint press conference.
Azerbaijani President Ilham Aliyev met with Ukrainian Foreign Minister Andrii Sybiha on May 25, reaffirming Baku’s continued humanitarian support and both nations’ mutual commitment to sovereignty and territorial integrity.
President of Kyrgyzstan Sadyr Japarov has signed a law ratifying the 2025 Financing Framework Agreement with the Asian Development Bank (ADB), paving the way for nearly $222 million in funding for national development projects.
S&P Global Ratings has revised Uzbekistan’s outlook to positive from stable, affirming its 'BB-/B' ratings. The change reflects steady economic reforms, resilient growth, and support from high gold prices, which are helping stabilize the country’s fiscal and external positions.
During his visit to Azerbaijan on May 25, Ukrainian Foreign Minister Andrii Sybiha commemorated historical and cultural connections between the two countries by visiting symbolic landmarks in Baku.
Azerbaijan’s Foreign Minister Jeyhun Bayramov and Ukrainian Foreign Minister Andrii Sybiha discuss ongoing efforts for peace amid the Russia-Ukraine conflict during a joint press conference.
Former midfielder Xabi Alonso has been appointed as Real Madrid’s new head coach on a three-year contract, returning to the club where he won multiple titles as a player.
Poland’s ruling party holds a "patriotic march" in Warsaw on Sunday, just days before the second round of the presidential elections.
The Netherlands will complete its pledge of 24 F-16 fighter jets to Ukraine on Monday, as the final aircraft is set for delivery, Dutch Defence Minister Ruben Brekelmans announced on Sunday.
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