Green Bond Fact Sheet

Jiangsu Guoxin Investment Group Ltd issued a CNY1bn (USD149m) green bond on January 30, 2019, to finance a 1.5m kW pumped storage power station. The project, which has an annual generation capacity of 2.007bn kWh, is considered aligned with Climate Bonds Initiative green definitions due to its contribution to a grid with over 20.3% intermittent renewables and the use of a second-party opinion from Lvrong Green Finance.

• Jiangsu Guoxin Investment Group Ltd issued a green bond on 30-Jan-2019 for an amount of CNY1bn (approximately USD149m) with a maturity date of 30-Jan-2022 and a tenor of 3 years.
• The proceeds from the bond are dedicated to the construction of a pumped storage power station featuring six 250,000 kW mixed-flow reversible water pump turbine generator sets, resulting in a total capacity of 1.5m kW.
• The power station is designed for an annual power generation capacity of 2.007bn kWh and an annual pumping capacity of 2.676bn kWh.
• The Climate Bonds Initiative considers the use of proceeds aligned with its green definition because the facility supports a grid with at least a 20.3% share of intermittent renewables and Lvrong Green Finance conducted an assessment of social and environmental risks.
• The issuer, a government-backed entity and the largest regional power supplier in Jiangsu Province, has committed to disclosing the use of proceeds and project progress on a half-annual and annual basis.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-01%20CN%20Jiangsu%20Guoxin%20Investmetn%20Group%20Ltd.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-01%20CN%20Jiangsu%20Guoxin%20Investmetn%20Group%20Ltd.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=9 February 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-01%20CN%20Jiangsu%20Guoxin%20Investmetn%20Group%20Ltd.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = feb, url = {https://www.climatebonds.net/files/drupal-files/files/2019-01%20CN%20Jiangsu%20Guoxin%20Investmetn%20Group%20Ltd.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }