In June 2015, Digital Realty became the first data center REIT to issue a green bond. Green Bonds are standard bonds with green features, designed to fund projects that have beneficial impacts on the environment compared to business as usual.
Proceeds from the green bond were used to support the development of nine sustainable projects located in four countries that have received certification in accordance with LEED, BREEAM, or CEEDA sustainable rating standards. Additional information can be found in the Green Bond Use of Proceeds Statement.
Continuing to put sustainability commitments into action, in January 2019 Digital Realty became the first data center REIT to issue Green Euro Bonds. The initial offering consists of €850 million of Euro-denominated 2.500% Guaranteed Notes due 2026 (“Euro Notes”). The net proceeds from these Euro Notes will be allocated towards Eligible Green Projects, including the development and redevelopment of such projects.