Bluecurrent secures NZ$2.5b Climate Bonds Certified green loan
Congratulations to Bluecurrent for securing a NZ$2.5 billion climate bonds certified green loan to drive growth in electricity smart metering and digital water metering. Bluecurrent is one of the leading smart metering provider in Australia and New Zealand with over 2.7 million meters under management. This transaction aligns with our new loan syndication strategy in APAC, delivering another lead role in Australia, and continues our longstanding global relationship with Queensland Investment Corporation (QIC). CIBC is pleased to have acted as Mandated Lead Arranger and Bookrunner on the transaction.