Green Bond Fact Sheet

A fact sheet detailing a USD 0.5 million private placement green bond issued by UGE International on October 23, 2018, to finance solar projects.

• UGE International, a solar energy company serving commercial and industrial sectors, issued a secured private placement green bond on October 23, 2018, with a total amount of USD 0.5 million and a maturity date of October 23, 2023.
• The net proceeds of the bond are designated for financing eligible solar projects of UGE via its wholly-owned subsidiary, UGE Project HoldCo Ltd, and the deal is secured against the issuer's projects.
• The bond was not certified and did not have a Green Bond Framework, second party opinion, or assurance report. The Climate Bonds Initiative notes that while solar assets are easily identifiable as green, it encourages issuers to establish frameworks and seek external reviews for clarity on project selection and reporting.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-10%20US%20UGE%20International%281%29.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-10%20US%20UGE%20International%281%29.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=30 October 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-10%20US%20UGE%20International%281%29.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 = oct, url = {https://www.climatebonds.net/files/drupal-files/files/2018-10%20US%20UGE%20International%281%29.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }