CHICAGO – March 19, 2018 – A Chicago-based team with global law firm Greenberg Traurig, LLP represented investors in a U.S. private placement financing of $200 million unsecured senior notes issued by Landsvirkjun, Iceland’s largest energy company. The transaction closed on March 9, 2018.
Landsvirkjun is the first company in Iceland to issue bonds in Green Bond format and the bond issuance is one of the first Green Bond U.S. private placements for a power company. Proceeds of the issuance will be used for power projects utilizing renewable energy for positive environmental impact.
The Greenberg Traurig team included shareholders Charles J. Kolin and Lorraine M. Tyson; and Associate Rebecca D. Kristall.
About Greenberg Traurig: Greenberg Traurig, LLP (GT) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and is among the Top 20 on the 2017 Am Law Global 100. Web: www.gtlaw.com Twitter: @GT_Law.
Landsvirkjun is the first company in Iceland to issue bonds in Green Bond format and the bond issuance is one of the first Green Bond U.S. private placements for a power company. Proceeds of the issuance will be used for power projects utilizing renewable energy for positive environmental impact.
The Greenberg Traurig team included shareholders Charles J. Kolin and Lorraine M. Tyson; and Associate Rebecca D. Kristall.
About Greenberg Traurig: Greenberg Traurig, LLP (GT) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and is among the Top 20 on the 2017 Am Law Global 100. Web: www.gtlaw.com Twitter: @GT_Law.