insights

January 25, 2022

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). The projects included a new plant research center, visitor center and Living Energy Access Facility. Kestrel Verifiers provided an external review for the bonds for conformance with the Sustainability Bond Guidelines. The Bonds support the preservation of natural resources and biodiversity, and green buildings, in addition to providing science education to the general public.