Green Bond Fact Sheet
Summary
This fact sheet details a CNY200 million green bond issued by Xinjiang New Energy (Group) Co., Ltd. on June 17, 2019, to refinance operational renewable energy and waste treatment projects in China.
Key insights
- Xinjiang New Energy (Group) Co., Ltd. issued a green bond on June 17, 2019, with a total amount of CNY200 million (approximately USD28.9 million) and a maturity date of June 17, 2022.
- The proceeds from the CNY200 million Medium Term Note (MTN) are designated to repay loans and interest for nine operational projects: three commercial wind farms, five solar farms, and a hazardous waste treatment centre located in the Xinjiang Zhungdong Economic and Technological Development Zone.
- The nine projects supported by the bond are expected to avoid 1,182,900 tonnes of CO2, nearly 50,000 tonnes of coal equivalent, 587.41 tonnes of sulphur dioxide, and 542.23 tons of nitrogen oxides.
- Xinjiang New Energy (Group) Co., Ltd. is a wholly state-owned entity funded by the Government of the Xinjiang Autonomous Region, established in 2012 and focused on wind and solar power generation. As of the end of March 2019, the company had a total installed production of 669,000 kW.
- The issuer committed to disclosing the use of proceeds and impact reporting semi-annually (by August 31) and annually (before April 30) on designated CFETS and NAFMII websites, utilizing a third-party verifier for these reports.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-06%20CN%20Xinjiang%20New%20Energy%20%28Group%29%20Co_%2CLtd.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-06%20CN%20Xinjiang%20New%20Energy%20%28Group%29%20Co_%2CLtd.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=20 June 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-06%20CN%20Xinjiang%20New%20Energy%20%28Group%29%20Co_%2CLtd.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 = jun, url = {https://www.climatebonds.net/files/drupal-files/files/2019-06%20CN%20Xinjiang%20New%20Energy%20%28Group%29%20Co_%2CLtd.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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