The Metrotenerife Green Bond Issue, recognized by the Global Light Rail Awards
Metrotenerife, transport company of the Government of Tenerife, has received a new international prize of the railway sector. The prestigious Global Light Rail Awards recognized the Green Bond Issuance as one of the best initiatives in sustainability and environment.
The president of Metrotenerife, Enrique Arriaga, and the island director of Mobility, José Alberto León, together with the team in charge of the Green Bond Issuance in 2021, received this award in the Global Light Rail ceremony (London). This team is formed by Rebeca Estévez, director of the Financial Department, Laura Castro, financial analyst of the area, and Carmen Hernández, as a lawyer of the company, besides Teresa Benet, in charge of International Projects of Metrotenerife.
Enrique Arriaga, highlights that the recognition in the Global Light Rail Awards for our Green Bond Issuance and the nomination of the company to ‘Best Operator of the Year’ show that in Metrotenerife we are working in the right direction to be a competitive and innovative company, as well as committed to sustainability and the defence of the environment”.
LGreen Bonds are a type of debt issued by organizations that are exclusively used to finance or refinance socially responsible projects with the environment. Metrotenerife is the only company in the Canary Islands that has issued Green Bonds according to the Green Pact of the European Union.