Gwynt Y Mor OFTO plc, founded in 2013 and based in the UK, is a special purpose vehicle established to manage and operate the offshore transmission assets of the Gwynt y Môr Wind Farm. The company ensures the efficient transmission of electricity generated from renewable sources to the onshore grid, contributing to the UK’s commitment to sustainability.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GMOFTO 2.78% 2034-02-17 GBPGwynt Y Mor OFTO plc | United Kingdom | 2034-02-17 | 2.778 | 5.85 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Gwynt Y Mor OFTO plc has actively participated in the bond market, notably issuing its first bond in 2014 to finance the acquisition of transmission assets. A significant issuance in 2020 raised £100 million through green bonds, aimed at promoting environmentally friendly projects, currently yielding competitively against industry averages. The company has maintained a strong credit profile, with recent downgrades in yields highlighting increased investor confidence and steady demand for its bonds, showcasing a strong commitment to sustainable finance.