KARLSRUHE (dpa-AFX) - The energy supplier EnBW intends to raise funds to finance climate-friendly projects with two new corporate bonds. As the company announced in Karlsruhe on Thursday, the two bonds have a total volume of 1.5 billion euros. The funds are to be invested in solar parks in Germany and France, wind farms, fast-charging stations for electric vehicles and the expansion of the grid infrastructure.

"In the coming years, we will invest an average of €4.5 billion gross per year on the way to climate neutrality at EnBW," explained CFO Thomas Kusterer in a press release.

According to EnBW, the bonds have a term of 6.5 and 10.5 years and bear interest at 3.85 and 4.3 percent./dna/DP/stw