Green Bond Fact Sheet
Summary
Suntien Green Energy issued a CNY590m (USD93m) perpetuity green bond on 13-Mar-2018 to finance or refinance 15 wind farms in China. The Climate Bonds Initiative highlighted the issuance as a positive example of disclosure, noting its alignment with the 2oC global warming target and the provision of specific impact data, such as a 200MW project in Hebei province expected to avoid 1010k tons of CO2.
Key insights
- Suntien Green Energy issued a green bond on 13-Mar-2018 with a total amount of CNY590m (USD93m). The bond has a maturity date of perpetuity and a tenor of 3+N.
- The proceeds from the green bond are designated to finance or refinance 15 wind farms located in China. The use of proceeds specifically covers onshore wind, offshore wind, and freight rolling stock.
- The issuer provided specific climate impact data for two eligible wind farms in the bond prospectus. A project in Hebei province with a total installed capacity of 200MW is expected to avoid 1010k tons of CO2, 180k tons of standard coal equivalent, and 42t of SO2.
- China Suntien Green Energy Corporation Limited is a Hong Kong-based investment holding company that operates primarily in Mainland China across two segments: Natural Gas and Wind Power and Solar Energy.
- The Climate Bonds Initiative views the bond as a good example of disclosure because the use of proceeds aligns with the 2oC target for global warming and the issuer provided detailed information on the location and names of eligible projects and their expected impact.
Cite the original document
- APA
- Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-03%20CH%20Suntien%20Green%20Energy.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-03%20CH%20Suntien%20Green%20Energy.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=13 March 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-03%20CH%20Suntien%20Green%20Energy.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = mar, url = {https://www.climatebonds.net/files/drupal-files/files/2018-03%20CH%20Suntien%20Green%20Energy.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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