Green Bond Fact Sheet

A Green Bond Fact Sheet detailing a SGD50 million green loan issued by the Sunseap Group on April 3, 2019, to finance rooftop solar projects in Singapore.

• On April 3, 2019, the Sunseap Group issued a green loan totaling SGD50 million (approximately USD37 million).
• The proceeds from the green loan are designated to finance a portfolio of rooftop solar projects totaling approximately 50MW. These projects range in size from 100kW to 5MW and are supported by long-term Power Purchase Agreements (PPAs) with over 20 domestic and international commercial and industrial corporations, including PSA.
• This transaction represents the first green loan in the ASEAN region used to finance rooftop solar projects and is the first solar rooftop financing transaction for ING in the Asia-Pacific region.
• The Sunseap Group is a Singapore-based renewable energy firm providing clean energy solutions—including financing, design, installation, and maintenance—to government, utility, residential, industrial, and commercial sectors in Australia, Cambodia, China, Malaysia, Philippines, Taiwan, Thailand, and Vietnam.
• The Climate Bonds Initiative notes that this issuance is the fourth green issuance in Singapore for 2019 (and the third in April), following four issuances in 2018.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-04%20SG%20Sunseap%20Group.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-04%20SG%20Sunseap%20Group.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=3 April 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-04%20SG%20Sunseap%20Group.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 = apr, url = {https://www.climatebonds.net/files/drupal-files/files/2019-04%20SG%20Sunseap%20Group.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }