Tokyo Gas Co. can trace its heritage back to 1885. It supplies natural and city gas to most of Japan. It also has some gas fired power stations to generate electricity. It has a strategy (“Compass2030”) to reduce its carbon footprint substantially, by 2030. The strategy involves investments in solar PV electricity generation to bring down the carbon intensity of its operations. The proceeds from this bond will be used to refinance the acquisition of a solar farm in Japan and a solar farm in the US.
|December 2020||Use of proceeds bond||10 years||Japan||Solar|