Green Bond Fact Sheet

This fact sheet details a CNY840mn (USD133m) Green Asset-Backed Security (ABS) issued by Huadian Fuxin Energy Corporation Limited on 15 March 2018, used to fund the development and operation of solar and onshore wind projects.

• Huadian Fuxin Energy Corporation Limited issued a Green ABS on 15 March 2018 for an amount of CNY840mn (USD133m) with a maturity date of 15 March 2030 and a tenor of 12 years.
• The proceeds of the bond are designated for the development and operation of green industry projects, specifically focusing on solar and onshore wind energy.
• The funding structure is a Green ABS consisting of 12 tranches: one subordinated tranche with a 12-year tenor and 11 senior tranches with initial three-year terms that are redeemed and refinanced every three years.
• The deal is secured by feed-in tariff receivables from solar and wind power projects across seven subsidiaries of Huadian Fuxin Energy Corporation Limited, including benchmark price and subsidized electricity revenue rights.
• The Climate Bonds Initiative describes the funding structure as complicated and designed to match the cash flows of seven subsidiaries, though it notes a desire for more publicly available documentation from the issuer.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-03%20CN%20Huadian%20Fuxin.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-03%20CN%20Huadian%20Fuxin.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=5 June 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-03%20CN%20Huadian%20Fuxin.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 = jun, url = {https://www.climatebonds.net/files/drupal-files/files/2018-03%20CN%20Huadian%20Fuxin.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }