Green Bond Fact Sheet

This fact sheet details a Chinese Asset-Backed Security (ABS) green bond issued by State Power Shanxi New Energy Development Co., Ltd. on December 31, 2019, to fund solar and wind energy projects.

• State Power Shanxi New Energy Development Co., Ltd issued a Chinese ABS green bond on December 31, 2019, with a total amount of CNY 405 million (approximately USD 58 million) and a maturity date of December 22, 2022.
• The proceeds of the bond are designated for energy projects, specifically solar, onshore wind, and offshore wind. The securitisation is backed by cash flows from renewable energy feed-in-tariffs.
• The bond received a second party opinion from The iGreen Bank and a credit rating of AAA (CCX), though it was not certified under a specific certification standard.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-12%20CN%20State%20Power%20Shanxi%20New%20Energy%20Development%20%28Vickie%20Zhang%20%E7%9A%84%E5%86%B2%E7%AA%81%E5%89%AF%E6%9C%AC%202020-02-13%29.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2019-12%20CN%20State%20Power%20Shanxi%20New%20Energy%20Development%20%28Vickie%20Zhang%20%E7%9A%84%E5%86%B2%E7%AA%81%E5%89%AF%E6%9C%AC%202020-02-13%29.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=11 February 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2019-12%20CN%20State%20Power%20Shanxi%20New%20Energy%20Development%20%28Vickie%20Zhang%20%E7%9A%84%E5%86%B2%E7%AA%81%E5%89%AF%E6%9C%AC%202020-02-13%29.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/2019-12%20CN%20State%20Power%20Shanxi%20New%20Energy%20Development%20%28Vickie%20Zhang%20%E7%9A%84%E5%86%B2%E7%AA%81%E5%89%AF%E6%9C%AC%202020-02-13%29.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }