VICTORIA – A green bond has been issued to finance the North Island Hospitals Project, Minister of Finance Michael de Jong announced today.
This is the first time a green bond has been used to fund a public-private partnership project in North America and the first time a green bond has been issued to finance public infrastructure in Canada. The 32.3-year bond was issued by Tandem Health Partners, the consortium delivering the North Island Hospitals Project, and raised about $231.5 million.
Read the Ministry of Finance news release
