Green Bond Fact Sheet
Summary
The document is a Green Bond Fact Sheet for a JPY 2bn loan issued by Mitsubishi Electric Credit Corporation on September 30, 2019, to refinance solar power facilities.
Key insights
- Mitsubishi Electric Credit Corporation issued a green loan totaling JPY 2bn (approximately USD 19m) on September 30, 2019, with a maturity date of September 30, 2024, and a tenor of 5 years. The loan received a green bond rating of 'Green 1' from JCRA.
- The proceeds from the loan are designated for the refinancing of loans provided to entities that own and develop solar power facilities. Lenders will receive reports detailing the list of projects, the amount of power generated, and the CO2 emissions reduced by these eligible projects.
- Mitsubishi Electric Credit Corporation serves as the financing arm of the Mitsubishi Electric Group (MEC), offering equipment loans, credit services, and leasing. The entity is based in England and is involved in the manufacture of heating and refrigeration equipment.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-09_JP_Mitsubishi-Electric-Group.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-09_JP_Mitsubishi-Electric-Group.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=2 October 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-09_JP_Mitsubishi-Electric-Group.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 = oct, url = {https://www.climatebonds.net/files/drupal-files/files/2019-09_JP_Mitsubishi-Electric-Group.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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