RIYADH: Apicorp, the Arab multilateral energy investment bank, is planning to issue green bonds or sukuk as early as next year to support plans to grow its renewable energy assets by $1 billion by 2023. The company, which recently finished an issuance of $750 million in green bonds, is traditionally known for its financing of oil, natural gas, and downstream projects. This
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The Arab Petroleum Investments Corporation (Apicorp), a multilateral development financial institution focused on the energy sector, announced that it has successfully raised $750 million from its debut green bonds.