Green Bond Fact Sheet

This Green Bond Fact Sheet details a USD 325 million green bond issued by Vena Energy on February 26, 2020, with a five-year tenor maturing on February 26, 2025. The bond is intended to fund renewable energy projects, specifically solar, wind, and hydropower, and is the first green bond from a Singaporean non-financial corporate to be denominated in USD and to acquire a green bond rating.

• Vena Energy issued a USD 325 million senior unsecured green bond on February 26, 2020, with a maturity date of February 26, 2025, and a coupon rate of 3.133%.
• The proceeds of the bond are designated for renewable energy projects, including solar energy (infrastructure, manufacturing, and transmission), wind energy (onshore and offshore farms, infrastructure, manufacturing, and transmission), and hydropower (run of river and small hydro under 15MW or re-powering of large-scale hydro over 20MW).
• The issuer will provide annual allocation reports and impact reports. Allocation reporting will include the percentage of funds per asset category, geographic split by country, weighted average age of projects, total project size in MW, and specific project examples. Impact reporting will cover installed capacity (MW), annual GHG emissions avoided (CO2e), annual renewable energy production (MWh), and the number of households powered.
• This issuance is significant as it is the third green bond from a non-financial corporate in Singapore, the largest of its type from such an issuer, the first from this issuer type denominated in USD, and the first green bond from Singapore where the issuer obtained a green bond rating.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-02_SG_Vena_Energy.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-02_SG_Vena_Energy.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=5 March 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-02_SG_Vena_Energy.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 = mar, url = {https://www.climatebonds.net/files/drupal-files/files/2020-02_SG_Vena_Energy.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }