Summary
PROTISA Peru issued a PEN100m (USD30m) green bond on October 23, 2018, to fund energy efficiency and sustainable water and waste management projects, primarily at its Cañete Paper machine. The company, a subsidiary of CMPC, committed to annual reporting on metrics such as water savings and PM reduction.
Key insights
- PROTISA Peru issued a senior unsecured green bond on 23-Oct-2018 with a total amount of PEN100m (approximately USD30m) and a maturity date of 23-Oct-2024.
- The proceeds of the bond are primarily designated for sustainable water management and energy efficiency, specifically targeting the Cañete Paper machine. Planned investments include the establishment of a Secondary Water Treatment System at one location and disbursements for Waste Water Treatment Plants and Clarified Water Recirculation at the Cañete site.
- The issuer, Protisa, is a Chilean company that has manufactured tissue products in Peru since 1995 and is a part of Compañía Manufacturera de Papeles y Cartones (CMPC).
- Reporting on the bond will occur annually until the proceeds are fully used, with a goal for full allocation within two years of issuance. Reported impact metrics will include water saved (m3 per year), PM reduction (µg/m3), and energy saving (MWh/tonne of product).
- This issuance represents the second green bond from a Peruvian issuer, following a USD204m green bond by Energia Eolica in 2014.
Cite the original document
- APA
- Climate Bonds Initiative (2018). Protisa Peru. https://www.climatebonds.net/files/drupal-files/files/2018-10%20PE%20PROTISA%20Peru.pdf
- Chicago
- Climate Bonds Initiative. Protisa Peru. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-10%20PE%20PROTISA%20Peru.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Protisa Peru |date=29 November 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-10%20PE%20PROTISA%20Peru.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2018protisa, author = {{Climate Bonds Initiative}}, title = {{Protisa Peru}}, institution = {Climate Bonds Initiative}, year = {2018}, month = nov, url = {https://www.climatebonds.net/files/drupal-files/files/2018-10%20PE%20PROTISA%20Peru.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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