Green Bond Fact Sheet

The Panasolar Group issued a USD 15 million green bond on August 20, 2020, to support the expansion of a solar power plant in Panama's Aguadulce district.

• Panasolar Group issued a 'Use of proceeds bond' on August 20, 2020, with a total amount of USD 15 million and a maturity date of August 20, 2027. The bond is certified under the Climate Bonds Version 3 standard, specifically the Solar sector criteria, and was verified by Pacific Corporate Sustainability.
• The proceeds of the bond are designated for the expansion of a solar power plant located in the Aguadulce district of the Coclé province in Panama. The facility currently has an installed capacity of 9.9MW and is registered under the Gold Standard for the purpose of carbon credits.
• This issuance represents the first Certification in Panama and the first verification work conducted by Pacific Corporate Sustainability (PCS).

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-08_PA_Panasolar.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-08_PA_Panasolar.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=20 August 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-08_PA_Panasolar.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 = aug, url = {https://www.climatebonds.net/files/drupal-files/files/2020-08_PA_Panasolar.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }