Energy Harbor Receives Independent Green Financing Rating – PR Newswire

by | Oct 23, 2022 | Energy

AKRON, Ohio, Oct. 23, 2022 /PRNewswire/ — Energy Harbor Corp. announced today CICERO Shades of Green (CICERO Green), an internationally recognized leading provider of independent, research-based evaluations of green bond and sustainability financing frameworks, completed a second-party opinion on Energy Harbor’s green bond framework and has issued a Medium Green shading on a scale of Light, Medium and Dark.  CICERO Green’s assessment aligns with the International Capital Markets’ Association’s Green Bond Principles. 

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(PRNewsfoto/Energy Harbor)

Energy Harbor’s green bond framework includes its existing $285 million Pollution Control Revenue Refunding Bonds, which were originally issued to finance construction of air, water and waste control facilities at its nuclear power plants.  The Medium Green rating from CICERO Green indicates the projects included in the Energy Harbor $285 million portfolio represent significant steps towards the long-term climate vision.

Earlier this year, Energy Harbor announced its plan to become a 100% carbon free infrastructure company in 2023.  The creation and grading of the Green Bond Framework reflects Energy Harbor’s commitment to the critical role nuclear technology plays in creating a carbon free power sector by 2035 and addressing climate change.
“The Medium Green rating from CICERO Green is a first for Energy Harbor and reflects our focus on clean power infrastructure that produces electricity free of carbon emissions,” said Tanya Rohauer, Energy Harbor Senior Vice President, Commercial Finance and Treasurer.About Energy HarborEnergy Harbor is a highly reliable provider of carbon free baseload electricity committed to Environmental, Social and Governance (ESG) principles critical to meeting the nation’s emissions goals and accelerating the country’s clean energy transition. Our success is driven by our unwavering employee commitment to safe, reliable operations, financial stability and best in class service to meet the energy and sustainability needs of our customers.For more information on Energy Harbor visit www.energyharbor.comForward Looking Statements and Further Information This press release contains “forward-looking statements.”  All statements, other than statements of historical facts, that are included in this press release that address activities, events, or developments that Energy Harbor Corp. (the “Company”) expects or anticipates to occur in the future (often, but not always, through the use of words or phrases such as “intends,” “plans,” “will likely result,” “are expected to,” “could” and “will continue”), are forward-looking statements.  Although the Company believes that in making any such forward-looking statement its expectations are based on reasonable assumptions, any such forward-looking statement involves uncertainties and is qualified in its entirety by reference to the discussion of risk factors under “Risk Factors” available on the Investor Website (as described below) and the following important factors, among others, that could cause t …

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