solar-power

Aloha! Hawaiian State Govt issues green ABS for solar: $150m, AAA in two tranches: 50m, 8yr, 1.467% + 100m, 17yr, 3.242%. An excellent example!

Submitted on Sun, 2014-11-16 03:15

The Hawaii State Department of Business, Economic Development and Tourism (DBEDT) has issued US$150m of AAA-rated green asset-backed securities in two tranches.

SolarCity issues US$200m of retail bonds, maturity ranging from 1-7 years, coupon 2-4%. What a pioneering company! First public solar bond offering in the US, after also doing the first solar securitisation in 2013

Submitted on Thu, 2014-10-16 16:03

By Beate Sonerud, Climate Bonds Initiative policy analyst

China’s Trina Solar goes for a convertible solar bond: US$100m, 5yr, 4% coupon. It’s a challenging market environment for solar but the bonds keep coming.

Submitted on Thu, 2014-10-02 10:23

China’s Trina Solar is issuing US$100m of convertible bonds with 5-year tenor and 4% annual coupon, with semi-annual payments.

Now here's something to like: OPIC issues $47.3m green project bond with a guarantee. Good example of how rich world can assist developing.

Submitted on Thu, 2014-09-25 14:51

The Overseas Private Investment Corporation (OPIC) is the US government’s development finance institution. It has just issued $47.3m of something called “Green Guaranties”, also known as government-guaranteed Certificates of Participation (CoP)".