Green Bond Fact Sheet
Summary
Mingyang Smart Energy issued a CNY500m (USD78.41m) green bond on May 3, 2018, to fund three onshore wind farms in China with a combined capacity of 199.5MW. The projects are expected to avoid 168.3K tce of emissions annually. The bond has a 3-year tenor and a credit rating of AA (Lianhe).
Key insights
- Mingyang Smart Energy issued a green bond on May 3, 2018, for an amount of CNY500m (USD78.41m) with a maturity date of April 30, 2021, and a tenor of 3 years. The bond is categorized as a non-financial corporate green bond with a credit rating of AA from Lianhe.
- The proceeds from the bond are allocated to three onshore wind farms in China with installed capacities of 49.5MW, 100MW, and 50MW. Half of the funds are for purchasing wind turbine components and the other half for refinancing. These projects are expected to avoid 168.3K tce per year.
- Mingyang Smart Energy specializes in the design, manufacture, sale, and service of megawatt-class wind turbines, including blades, components, photovoltaic equipment, and electrical equipment. The issuer has regulatory approval to raise a total of CNY1bn in green bonds.
Cite the original document
- APA
- Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-05%20CH%20Mingyang%20Smart%20Energy.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-05%20CH%20Mingyang%20Smart%20Energy.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=3 May 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-05%20CH%20Mingyang%20Smart%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 = may, url = {https://www.climatebonds.net/files/drupal-files/files/2018-05%20CH%20Mingyang%20Smart%20Energy.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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