Green Bond Fact Sheet

This fact sheet details a JPY300m (USD3m) private placement green bond issued by Shizen Energy Inc. on November 29, 2019, to finance a solar power plant in Japan.

• Shizen Energy Inc. issued a private placement green bond on November 29, 2019, with a total amount of JPY300m (USD3m) and a maturity date of November 30, 2022.
• The bond proceeds are dedicated exclusively to the financing of a 20MW solar power plant located in the Kanto region of Japan. Construction is scheduled to start in 2022, with operations beginning in 2024. The facility is expected to produce nearly 30,000 MWh of energy annually and reduce emissions by nearly 15tCO2 per year.
• Shizen Energy intends to report the allocation of proceeds to investors either upon full allocation or one year after issuance. Because the bond matures before the project is operational, the company will report theoretical KPIs for CO2 emissions reduction and the amount of power generated based on output standards.
• Founded in 2011, Shizen Energy aims to generate 5 gigawatts of renewable energy by 2022 and 10GW by 2030, having already exceeded 1GW in 2019.
• The Climate Bonds Initiative notes that Shizen Energy's activities and this private placement align with the Japanese Government’s Fifth Strategic Energy Plan (2018), which emphasizes renewable energy for energy security and sustainability.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-11%20JP%20Shizen%20Energy.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-11%20JP%20Shizen%20Energy.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=19 December 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-11%20JP%20Shizen%20Energy.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 = dec, url = {https://www.climatebonds.net/files/drupal-files/files/2019-11%20JP%20Shizen%20Energy.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }