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Apple’s $4.7 Billion Green Bond Spend is Helping to Create 1.2 Gigawatts of Clean Power
March 17, 2021 GMT
CUPERTINO, Calif. (BUSINESS WIRE) Mar 17, 2021
Apple®’s newly completed renewable projects, part of the company’s planned $4.7 billion Green Bond spend, are bringing clean energy to local communities while reducing carbon emissions. In 2020, Apple funded 17 Green Bond projects that will avoid an average of 921,000 metric tons of carbon emissions annually, which is equivalent to removing nearly 200,000 cars from the road. The projects will generate 1.2 gigawatts of renewable energy globally, with Apple adding over 350 megawatts of newly installed renewable energy over the last year in Nevada, Illinois, Virginia, and Denmark. Apple’s Green Bond issuances are among the largest in the private sector.