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.
Moscow values its strong ties with Baku, built on trust and collaboration, focusing on economic projects, security, and international cooperation, said Russian FM Sergey Lavrov.
Georgia's Foreign Affairs Minister, Maka Botchorishvili, will visit Azerbaijan on January 16 for talks with Azerbaijani counterpart Jeyhun Bayramov on regional stability and economic cooperation. She will also attend the 10th Joint Intergovernmental Commission meeting in Baku.
Kazakhstan achieved record grain exports in December 2024, delivering 101,000 tons to Azerbaijan and boosting shipments across Central Asia.
President Ilham Aliyev arrived in the UAE for a working visit, welcomed with a guard of honor by Sheikh Mohamed bin Zayed Al Nahyan.
Impeached South Korean President Yoon Suk Yeol skips trial over martial law bid; court proceedings and detention efforts continue amid allegations of treason and insurrection.
Moscow values its strong ties with Baku, built on trust and collaboration, focusing on economic projects, security, and international cooperation, said Russian FM Sergey Lavrov.
NATO launches "Baltic Sentry" to safeguard critical Baltic Sea infrastructure, deploying frigates, aircraft, and drones amid rising sabotage fears linked to Russia's shadow fleet activities.
Tyson Fury has announced his retirement from boxing following two narrow losses to Oleksandr Usyk. His decision, though sudden, may be influenced by the toll of recent fights. Meanwhile, promoter Eddie Hearn still holds hope for a long-awaited fight between Fury and Anthony Joshua.
The impeachment trial of South Korean President Yoon Suk Yeol began today, but the president was absent from the Constitutional Court.
Highland Park resident Sabrina gives a firsthand account of fleeing the devastating Southern California wildfires, as fierce 80 mph winds drive the Eaton Fire toward residential areas. In an exclusive interview, Sabrina details her experience joining the other 130,000 displaced citizens.
Reports of a two-month halt in Azerbaijani gas supplies to Serbia are false. Despite a technical issue at Shah Deniz Alpha, Shah Deniz Bravo ensures steady exports, with supplies set to resume soon. BP confirms no damage or environmental impact.
A Cessna CJ1+ aircraft (PR-GFS) crashed while landing at Gastão Madeira State Airport (UBT) in Ubatuba, Brazil, on 9 January 2025, amidst adverse weather. The crash, which claimed the pilot’s life and injured seven others, has raised concerns over private aviation safety in Brazil.
Coast Guard divers Chuck Fox and Corey Smith from the US Cutter *Polar Star* successfully repaired a leaking shaft in the freezing waters of McMurdo Sound, Antarctica.
Azerbaijan's Foreign Ministry is working with Eritrean authorities to secure the release of 18 Azerbaijani citizens detained after their vessels entered Eritrean waters on November 7, 2024, due to severe weather. The crew faces charges of unauthorized entry.
Moscow values its strong ties with Baku, built on trust and collaboration, focusing on economic projects, security, and international cooperation, said Russian FM Sergey Lavrov.
The TurkStream pipeline, a critical route for Russian gas exports to Turkey and Europe, has become a focal point in the growing geopolitical tensions between Russia and the West.
Georgia's Foreign Affairs Minister, Maka Botchorishvili, will visit Azerbaijan on January 16 for talks with Azerbaijani counterpart Jeyhun Bayramov on regional stability and economic cooperation. She will also attend the 10th Joint Intergovernmental Commission meeting in Baku.
ADSW 2025, under Sheikh Mohamed bin Zayed Al Nahyan's patronage, unites 13 heads of state and 140+ ministers to address AI, energy, and sustainability. With the theme "The Nexus of Next," the summit drives global solutions for a $10 trillion economic opportunity.
Impeached South Korean President Yoon Suk Yeol skips trial over martial law bid; court proceedings and detention efforts continue amid allegations of treason and insurrection.
Moscow values its strong ties with Baku, built on trust and collaboration, focusing on economic projects, security, and international cooperation, said Russian FM Sergey Lavrov.
NATO launches "Baltic Sentry" to safeguard critical Baltic Sea infrastructure, deploying frigates, aircraft, and drones amid rising sabotage fears linked to Russia's shadow fleet activities.
Tyson Fury has announced his retirement from boxing following two narrow losses to Oleksandr Usyk. His decision, though sudden, may be influenced by the toll of recent fights. Meanwhile, promoter Eddie Hearn still holds hope for a long-awaited fight between Fury and Anthony Joshua.
The impeachment trial of South Korean President Yoon Suk Yeol began today, but the president was absent from the Constitutional Court.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment