Green Bond Fact Sheet

A fact sheet detailing a JPY 8bn green bond issued by Tess Engineering Co., Ltd. on December 13, 2019, to acquire completed solar power plants in Japan.

• Tess Engineering Co., Ltd. issued a green bond (PRIME2 Green Project Bond Trust Certificate) on December 13, 2019, with a total amount of JPY 8bn (USD 74m) and a maturity date of July 31, 2040.
• The proceeds from the bond are designated for the acquisition of completed solar power plants developed by TESS, which are situated across 10 sites in the Japanese prefectures of Chiba, Ibaraki, Fukuoka, Miyazaki, Kumamoto, and Kagoshima. The issuer indicates that biomass and wind power generation projects may be included in the future.
• Tess Engineering Co., Ltd. is an engineering firm specializing in environmental measures and energy saving for utility services. As of the end of September 2019, the company had constructed 583 solar power generation systems with a total capacity of 616 MW.
• The issuer intends to provide annual reporting on its website, covering fund allocation status until funds are fully allocated, as well as impact reporting that includes annual power generation and CO2 reduction figures.

APA

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

Chicago

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

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=16 January 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2019-12_JP_Tess_Engineering.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_JP_Tess_Engineering.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }