Treasury Corporation of Victoria (TCV) is the central financing authority for the State of Victoria, Australia.
TCV provides tailored loans and financing, deposits, advisory and investment services to the State and State-related entities.
This was the first Australian state to issue a Certified Climate Bond.
Proceeds will fund projects such as
New utility scale solar and wind electricity generation facilities
Energy efficiency upgrades for government buildings that are eligible under the Climate Bonds Standard Low Carbon Buildings Criteria.
Electrified trains
Melbourne metropolitan rail network
A wastewater treatment plant
|
Issue Month |
Size |
Tenor |
Geography |
Sector Criteria |
Verifier's Report |
Annual Reporting | Other Information |
|
July 2016 |
AUD 300m (USD 225m) |
5 years |
Australia |
Wind |
Further information can be found in TCV's Victorian Green Bonds Factsheet (download here):
N.b.: TCV have got a large portfolio of projects that they will, over time, issue green bonds to fund. This factsheet details projects in that whole portfolio beyond the projects specifically earmarked to the July 2016 AUD 300m certified bond issuance. For example, hydropower projects are included in this longer term portfolio and will be funded in future issuances. The Climate Bonds Standard Hydropower Criteria are still under development.