Green Bond Fact Sheet

GSP Renewable Energy Pte Ltd, a Singapore-incorporated company, issued a USD15m unsecured green bond on July 30, 2019, to finance renewable energy projects in mainland China. The proceeds support distributed rooftop solar stations with a total capacity of 34.39MWp across Beijing, Shanghai, Suzhou, and Wuxi. The bond is listed on the Hong Kong Stock Exchange and is part of the company's Project Clover.

• GSP Renewable Energy Pte Ltd issued an unsecured green bond on 30-07-2019 with a total amount of USD15m, a tenor of 5 years, and a maturity date of 30-07-2024.
• The proceeds from the bond are designated for renewable energy projects in mainland China, specifically as part of the company's Project Clover, which aligns with the Green Finance Certification Scheme.
• The first batch of funded projects consists of distributed rooftop solar stations with a total installed capacity of 34.39MWp. This capacity is distributed across four locations: Suzhou (16.4MW), Shanghai (11.0MW), Beijing (6.99MWp), and Wuxi (1.0MW).
• GSP Renewable Energy Pte Ltd is a private company limited by shares incorporated in Singapore in 2018, primarily focused on electricity generation via solar power and biofuels. The bond is listed on the Hong Kong Stock Exchange.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-07_HK_GSP_Renewable_Energy_Pte_Ltd.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2019-07_HK_GSP_Renewable_Energy_Pte_Ltd.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=12 February 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2019-07_HK_GSP_Renewable_Energy_Pte_Ltd.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = feb, url = {https://www.climatebonds.net/files/drupal-files/files/2019-07_HK_GSP_Renewable_Energy_Pte_Ltd.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }