Aberdeen Standard Investments has backed Anglian Water’s green bond programme with £65m (€74.1m).

The manager said the debt finance provided to Anglian Water was made on behalf of the firm’s strategic clients, including Phoenix Group, and its private credit fund, the Secure Income & Cashflow Fund.

The bonds, which are a part of Anglian’ s green bond programme, will be used to finance new and existing projects focused on climate change.

The bonds have a maturity date of 2040 and will deliver interest payments linked to inflation, providing investors with a secure income stream to help them meet their future liabilities.

Albane Poulin, the corporate private placements at Aberdeen Standard Investments, said: “This investment allows us to provide long-term financial support for important environmental projects, alongside a sustainable stream of cash flows for our clients.”