AIB said today it has raised €750m from the issuance of its tenth green bond.
The bank said the proceeds from the bond will contribute to the financing of projects with clear environmental and climate action benefits, as well as further strengthening its capital position.
These include renewable energy generation and transmission, green buildings, clean transportation, and circular economy and waste management.
AIB said that despite recent global volatility, investor interest was strong, supported by the bank's strong ESG credentials, and reached a peak orderbook of €2.2 billion.
Pricing tightened by 25-30bps to a final coupon of 4.125%, it said.
The lender said its green lending book continues to grow, helping build the green infrastructure the country requires.
Supporting the transition to a greener future, €26 billion of green and transition lending has been deployed since it announced its €30 billion Climate Action Target in 2019, with €3.1 billion in the first half of 2026, it added.
AIB noted that climate and infrastructure capital is one of the fastest-growing parts of its lending book, and delivered strong new lending of €1.2 billion for the first six months of 2026, an increase of €0.6 billion.
"This strong performance reflects the group's continued commitment to funding the transition to renewable energy and social infrastructure," it added.
AIB was the first Irish bank to issue a green bond in 2020. Since then, it has raised a combined €7.2 billion from the issuance of green bonds, including refinancing. When social bonds are included, the bank said it has raised €8.95 billion from the issuance of bonds for Environmental, Social and Governance (ESG) purposes.
AIB's chief executive Colin Hunt said the need for climate action has not diminished, it has become clearer.
"AIB is determined to be a force for climate change in Ireland and beyond. AIB's tenth green bond issuance is not a destination, but a touchpoint in our journey, and will allow us to deploy capital and provide funding for vital green and transition-related infrastructure and activities," the CEO said.
"We will continue to lead the way towards a greener world by reducing our own carbon footprint, supporting our 3.5 million customers through the provision of green loans, and ensuring capital is used in ways that benefit the environment," he added.
The lead arranger group on the bond sale comprised Goldman Sachs, Goodbody Stockbrokers, ING, Lloyds, Morgan Stanley and Santander.
