SMI santana minerals limited

News: SMI Indonesia' Sarana Multi Infrastruktur raises $209 mln in green bonds

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    Jakarta, July 10 (Reuters) - Indonesia's Sarana Multi Infrastruktur(SMI), a state-owned infrastructure financing company, said it had issued 3 trillion rupiah ($209.1 million) in green bonds on Tuesday.

    The company said it had been accredited by the multilateral Green Climate Fund, which requires clear management and reporting on all climate-related financings.

    "The proceeds from the bonds will be used to fund projects focused on sustainability, including in renewable energies, environmentally friendly public transports and clean water management," SMI head Emma Sri Martini said in the statement.

    In February, Indonesia became the first Asian country to sell "green" bonds internationally in a $1.25 billion deal.

    ($1 = 14,350.0000 rupiah)

 
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