Green Bond Fact Sheet

This fact sheet details a CNY 560 million (USD 80 million) green bond issuance by Guodian and Wind Power Development Co., Ltd., a subsidiary of GD Power Development Company and a major wind farm developer in China.

• Guodian and Wind Power Development Co., Ltd. issued a Chinese ABS green bond on 27-12-2019 with a total amount of CNY 560 million (USD 80 million), a coupon of 4.10%, and a maturity date of 22-12-2022.
• The issuer is a subsidiary of GD Power Development Company and operates 664 wind turbines across 15 wind farms, with a total installed capacity of 180m KW. The bond's proceeds are designated for onshore wind energy and are indicated to be backed by feed-in tariffs for wind energy.
• The bond received a second party opinion from iGreen Bank, a Chinese consulting firm, and carries a credit rating of AAA (CCX). It was underwritten by Huajin Securities Co., Ltd. and Huatai Securities Co., Ltd.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-12_CN_Guodian_and_Wind_Power_Development_Co_%2C_Ltd.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2019-12_CN_Guodian_and_Wind_Power_Development_Co_%2C_Ltd.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_and_Wind_Power_Development_Co_%2C_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 = jan, url = {https://www.climatebonds.net/files/drupal-files/files/2019-12_CN_Guodian_and_Wind_Power_Development_Co_%2C_Ltd.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }