Green Bond ‘Sustainable Infrastructure’ financing for Ohio River Bridges

The Ohio River Bridges East End Crossing Project, completed in 2016, is a largescale cross-river transportation and roadway project.

Designed to meet current and future mobility needs of the Louisville Metropolitan Area, the project includes a cable-stayed bridge across the Ohio River connecting Indiana with Kentucky and associated roadways, tunnels and facilities. The project achieved an Envision Platinum certification in 2016 from the Institute for Sustainable Infrastructure, by demonstrating comprehensive integration of principles of sustainability through all stages of the project.

During 2021 the original project debt was refinanced, and the new bonds qualified as a green bond offering based on the project’s high standards for energy efficiency, sustainability and environmental stewardship. The financing is aligned with the ‘Green Bond Principles’ and meets the standard for ’Sustainable Infrastructure’ which is a new category.

The portfolio company has recently installed 130 solar panels on the O&M centre, solar-powered waste compactors, and an electric vehicle (EV) charging station. The new solar panels will satisfy all the power needs of the O&M centre and the portfolio company plans to replace some of its vehicles with EV alternatives as they become available.