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Stay informed with our company news and insights to uncover the complexities of a rapidly evolving industry. We partner with pioneering issuers to be a part of innovative sustainable finance opportunities that earn recognition for being groundbreaking deals.

The Bond Buyer: Muni bonds for firefighting firm aid smooth flight to SPAC equity deal

Kestrel provided a Second Party Opinion for Bridger Aerospace’s Sustainability Bonds with proceeds that will be used to purchase two SuperScooper planes for firefighting, among other activities. Wildfires pose a […]

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The Bond Buyer: Connecticut Green Bank plots more retail-focused climate bonds

The Connecticut Green Bank is targeting retail investors with the latest issuance of Green Liberty Notes. Proceeds will finance loans made to small businesses for energy efficiency upgrades and retrofits […]

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The Bond Buyer: Massachusetts’ $2.7B marks largest ‘social’ ESG muni deal yet

Kestrel provided a Second Party Opinion for a Social Bonds designation for the Commonwealth of Massachusetts in the largest Social, Green, or Sustainability Bond issuance in the municipal market to […]

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First-of-Its-Kind $10M Green Bond Issued to Finance Family Forest Carbon Program to Fight Climate Change

The American Forest Foundation issued its first Green Bonds in July to finance the Family Forest Carbon Program. The program provides incentive payments to individual landowners in Central Appalachia to […]

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The Bond Buyer: Montana firm taps bond market for aerial firefighting fleet expansion

Kestrel provided a Sustainability Bond Second Party Opinion for Gallatin County’s June 2022 bond issuance. Bridger Aerospace Group, LLC intends to use bond proceeds to acquire four CL-415EAF Super Scooper […]

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Harvard Borrowing Goes Green

Kestrel provided an external review for Harvard University’s first Green Bond in April 2022 for the new Science and Engineering Complex and renovations to Adams House and Soldiers Field Park […]

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St. Paul Port Authority sells first-ever sustainability bonds for Emerald Ash Borer removal

The City of Saint Paul and the Saint Paul Port Authority partnered to issue Sustainability Bonds to finance the replacement of dead, dying, or at-risk Ash trees as a result […]

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The Bond Buyer: University of Michigan’s $2.1B deal has its first green and century bonds

The Regents of the University of Michigan issued their first Green Bonds in March 2022. The University will use proceeds from the General Revenue Bonds (Taxable) (Green Bonds) to establish […]

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City’s First “Green Bonds” Finance $50+ Million in Indianapolis Stormwater Infrastructure Projects

The Indianapolis Local Public Improvement Bond Bank issued its first Green Bonds in March 2020, raising more than $50 million for improvements to the city’s stormwater infrastructure. The bonds fund […]

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