Rio Energy is a large renewable energy developer in Brazil. They have so far issued two Certified Climate Bonds.
The first bond in 2017 supports 9 wind farms in the Itarema wind complex, which has a total capacity of 207MW, in the state of Ceará in Brazil. The bond is issued through Itarema Geracao de Energia SA, the SPV for this specific wind complex.
The second bond in 2018 supports 8 wind farms in the Babilonia wind complex, which has a total capacity of 223MW, in the state of Bahia in Brazil. The bond is issued through Copacabana Geração De Energia E Participações S.A, the SPV for this specific wind complex.
|
DATE OF ISSUE |
TYPE OF INSTRUMENT |
SIZE |
COUNTRY OF ISSUE |
CLIMATE BONDS SECTOR CRITERIA |
VERIFIER'S REPORT |
ANNUAL REPORT |
WEBSITE |
FURTHER INFORMATION |
|
March 2017 |
Use of Proceeds Bond |
BRL 112m (USD 34m) |
Brazil |
Wind |
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| August 2018 | Use of Proceeds Bond | BRL 128m (USD 31m) |
Brazil |
Wind | Vigeo Eiris pre issuance report | http://www.rioenergyllc.com/ | Babilonia Wind Complex |