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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.

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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Longwood Gardens’ $250 million renovation taps increasingly popular ‘green’ bonds

Longwood Gardens in Pennsylvania raised more than $160 million through its first-ever issuance of Sustainability Bonds verified by Kestrel. The gardens have long been stewards of the natural environment, preserving […]

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Sustainable Investing in Munis: Masters of the Muniverse

Masters of the Muniverse is a monthly podcast hosted by Bloomberg’s Senior US Municipal Strategist, Eric Kazatsky. In the January 2022 episode, panel members discussed sustainable investing in the municipal market. […]

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Selby Gardens sells $31 million in sustainability bonds to cover for Master Plan construction

Marie Selby Botanical Gardens in Sarasota, Florida, raised more than $30 million in bond sales for its Revenue Bonds (The Marie Selby Botanical Gardens, Inc. Project) Series 2021 (Sustainability Bonds). […]

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The Bond Buyer: New Jersey takes green turn with wind bond deal

Kestrel provided a Verifier’s Report for bonds financing the State of New Jersey Wind Port Project to receive certification as Climate Bonds. The financed project involves construction of a dedicated […]

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The Bond Buyer: Chicago launches tender, preps social bond debut

The City of Chicago issued Social Bonds financing affordable housing, environmental justice initiatives, and community development projects prioritized in the Chicago Recovery Plan. The social bonds designation through Kestrel highlighted […]

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