Certification

The Climate Bonds Standard and Certification Scheme is a labelling scheme for bonds, loans & other debt instruments. Rigorous scientific criteria ensure that it is consistent with the goals of the Paris Climate Agreement to limit warming to under 2 degrees. The Scheme is used globally by bond issuers, governments, investors and the financial markets to prioritise investments which genuinely contribute to addressing climate change.

 

J Power

 

Electric Power Development Company, also known as J-POWER, is an electric utility in Japan. Currently, 40% of its generation capacity in Japan comes from renewable sources, including hydropower, geothermal and wind. It has a target to develop an additional 1GW of renewable generation by 2025.

The proceeds from the bond will be used to expand upon the current 24 wind generation facilities in Japan, which have a combined installed capacity of 530MW, in 2020.

 

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ANNUAL REPORT FURTHER INFORMATION
January 2021 Use of Proceeds Bond JPY 20 billion (USD 193 million) 10 years Japan Wind pre issuance verification   Press Release