The first labelled green bond from a Chinese issuer (denominated in US$ and issued in Hong Kong) just closed, and all we can say is WOW! The wind energy firm Xinjiang Goldwind Science & Technology issued a $300 million green bond (3yr tenor) and received orders of $1.4 billion! Talk about proof of investor demand.
DNV GL provided a second opinion on the green credentials. We’ll come back with the full details and a review of the bond in our weekly blog as usual, but we just couldn’t wait to share this one with you.
China is getting ready to take the green bond market by storm.
