Green Bond Fact Sheet

A Green Bond Fact Sheet for a CNY300m Chinese ABS issued by HECIC New-Energy Co.,Ltd on December 26, 2019. The bond is backed by feed-in tariffs from solar and wind energy projects and carries a credit rating of AAA (CCX).

• HECIC New-Energy Co.,Ltd issued a Chinese ABS (Asset-Backed Security) on 26-12-2019 with a total amount of CNY300m (approximately USD43m). The bond has a maturity date of 30-09-2022, a tenor of 2.8 years, and a coupon rate of 4.09%.
• The proceeds of the ABS, which consists of two tranches, are backed by feed-in tariffs from electricity generated by wind farms and solar energy. The issuer, HECIC New-Energy Co.,Ltd, focuses on the planning, development, and investment of new energy projects, including nuclear energy, solar energy, and wind power.
• The bond was underwritten by China Merchants Securities Co., Ltd. and received a credit rating of AAA (CCX). It was not certified under a specific certification standard and did not have a second party opinion or assurance report.

APA

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

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2019-12_CN_HECIC_New-Energy_Co_%2CLtd.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_HECIC_New-Energy_Co_%2CLtd.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_HECIC_New-Energy_Co_%2CLtd.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }