Source: Neste
- Neste reports on the allocation and impact of green financing issued under the Green Finance Framework annually.
Neste has published its annual Green Finance Report for 2025. The Green Finance Report, which covers green financing activities in 2025, demonstrates our commitment to producing renewable fuels and thereby mitigating climate change and accelerating a shift to a circular economy.
Neste has been a pioneer in the green transition for years, and we have made substantial investments in renewables. In 2025, Neste issued a EUR 700 million green bond with the aim to allocate the proceeds to support the Rotterdam refinery capacity expansion project. After the project’s completion in 2027, Rotterdam refinery’s nameplate production capacity will increase to 2.7 million tons of renewable products annually, making it the world’s largest renewables refinery and increasing Neste’s renewables production capacity to 6.8 million tons per year.
For the year ending 31 December 2025, we are pleased to announce the allocation of EUR 610 million to capacity expansion and SAF optionality projects in Rotterdam. At the end of 2025, the total allocated green proceeds to Neste’s eligible assets and projects in Singapore, Rotterdam and Martinez, increased to EUR 3,340 million while EUR 510 million remains unallocated and eligible for future allocation.
“Our most recent bond issue demonstrated that the support for green transition remains robust. I am pleased to see the investor support for new renewable fuel capacity in Europe with our Rotterdam refinery expansion,” says Katariina Perkkiö, Vice President, Treasury and risk management at Neste.
Neste reports on the allocation and impact of green financing issued under the Green Finance Framework annually. In February 2024, Neste published its latest Green Finance Framework. This replaced Neste’s earlier Green Finance Framework published in 2021. Neste’s Green Finance Report 2025 and the Green Finance Framework are available on our website.