Green Bond Fact Sheet

This fact sheet details a CNY 560 million (USD 80 million) green asset-backed security (ABS) issued by Guodian Ningxia New Energy Development Co., Ltd. on December 27, 2019, to support solar and onshore wind energy projects in Ningxia, China.

• Guodian Ningxia New Energy Development Co., Ltd. issued a Chinese ABS green bond on December 27, 2019, with a total amount of CNY 560 million (approximately USD 80 million) and a maturity date of December 27, 2022.
• The proceeds of the bond are backed by feed-in tariffs (FIT) from 11 wind farms and 4 solar farms located in the Ningxia autonomous region of China. These tariffs are part of a government programme intended to encourage the adoption of low-carbon and renewable electricity generation technologies.
• The issuance received a second party opinion from iGreenbank and a credit rating of AAA from CCXI. The Climate Bonds Initiative views the deal as a positive example of aggregating renewable energy assets with transparent disclosure regarding the asset pool.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-12-CN_Guodian_Ningxia_New_Energy_Development.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2019-12-CN_Guodian_Ningxia_New_Energy_Development.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=15 January 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2019-12-CN_Guodian_Ningxia_New_Energy_Development.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 = jan, url = {https://www.climatebonds.net/files/drupal-files/files/2019-12-CN_Guodian_Ningxia_New_Energy_Development.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }