Green Bond Fact Sheet

Shenzhen Energy Nanjing Holding Co., Ltd. issued a CNY1bn green Asset-Backed Security (ABS) on April 29, 2019, to fund loan repayments (60%) and working capital (40%). The bond is backed by 13 solar photovoltaic projects with a total capacity of 228.43MW, which are expected to avoid 165,135 tons of CO2 and 97,746.2 tons of coal equivalent.

• Shenzhen Energy Nanjing Holding Co., Ltd. issued a green bond (Asset-Backed Security) on 29-Apr-2019 with a total amount of CNY1bn (approximately USD148.6m) and a maturity date of 28-Apr-2024.
• The bond consists of 6 tranches, with proceeds allocated 60% for the repayment of loans and 40% for working capital. The ABS is backed by cash flows from 13 solar photovoltaic projects with a combined installed capacity of 228.43MW.
• The expected environmental benefits of the projects backing the bond include the avoidance of 165,135 tons of carbon dioxide, 97,746.2 tons of coal equivalent, 149.55 tons of sulphur dioxide, and 830.63 tons of nitrogen oxides.
• The Climate Bonds Initiative considers the instrument a green bond because the secured assets are photovoltaic power generation projects operated by pure-play solar generation companies, despite the proceeds being used for working capital and loan repayments.
• The issuer, Shenzhen Energy Nanjing Holding Co., Ltd., was established in 2013 and is based in Nanjing, China. As of the end of 2017, the company had a total installed capacity of 1001.01MW for wind and photovoltaic power generation.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-04%20CN%20Shenzhen%20Energy%20Nanjing%20Holding%20Co_%2C%20Ltd.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-04%20CN%20Shenzhen%20Energy%20Nanjing%20Holding%20Co_%2C%20Ltd.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=17 May 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-04%20CN%20Shenzhen%20Energy%20Nanjing%20Holding%20Co_%2C%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 = may, url = {https://www.climatebonds.net/files/drupal-files/files/2019-04%20CN%20Shenzhen%20Energy%20Nanjing%20Holding%20Co_%2C%20Ltd.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }