Green Bond Fact Sheet

A fact sheet detailing a CNY 400 million green bond issued by Hengan Electrical Engineering Co., Ltd on May 4, 2018, to fund hydropower generation in the Yunnan region of China.

• Hengan Electrical Engineering Co., Ltd issued a green bond on May 4, 2018, with a total amount of CNY 400 million (approximately USD 63 million) and a maturity date of May 4, 2027, representing a 9-year tenor. The bond received a green bond rating of AAA and a credit rating of AAA from Pengyuan Credit Rating.
• The proceeds of the bond are intended for hydropower generation in the Yunnan region. The deal is secured by feed-in tariff receivables from five hydropower stations managed by two subsidiaries: Pingbian New Energy and Jinping New Energy Hydropower Development Ltd.
• An external review conducted by CECEP estimated the climate impact of the financed projects to include the reduction of 187.5K tons of CO2 and the avoidance of 111.1K tce.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-05%20CN%20Hengan%20Electrical%20Engineering%20Co_%2C%20Ltd.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-05%20CN%20Hengan%20Electrical%20Engineering%20Co_%2C%20Ltd.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=15 June 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-05%20CN%20Hengan%20Electrical%20Engineering%20Co_%2C%20Ltd.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/2018-05%20CN%20Hengan%20Electrical%20Engineering%20Co_%2C%20Ltd.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }