solar-power

Convertibles solar bonds getting interesting? Trina’s $140m & SunPower’s $400m stoke fire, but then Ascent stumbles & SPI Solar is mysterious. Hmmm, convertibles are complicated, but we should continue counting them, right?

Submitted on Thu, 2014-08-07 08:24

Trina’s $150m 3.5% 5yr convertible solar bond

Taiwanese solar cell manufacturer Neo Solar issues a US$120mn, 3yr convertible bond. Proves viability for green bonds in uncertain policy environments

Submitted on Wed, 2014-07-16 00:09

By Beate Sonerud, Climate Bonds analyst

Neo Solar Power Corp, the largest solar cell maker in Taiwan, recently issued a convertible bond of US$120mn.

HK's Jun Yang Solar issues HKD190m ($24.5m) convertible bond to expand PV power

Submitted on Tue, 2014-04-29 21:59

According to SeeNews, Hong Kong-based Jun Yang Solar Power Investments yesterday issued a HKD 190 million (USD 24.5m/EUR 17.7m) bond. The bond was placed with at least six investors.

 

Because the company is a "pureplay" solar company, making thin-film PV modules and developing solar projects, we include this in our broad "bonds and climate change" universe.

$50m solar bonds from HK’s GoldPoly / UK’s Good Energy goes retail w £5m bond / PACE bonds update / Philippines FirstGen $250m – it could have been green

Submitted on Sun, 2013-10-06 16:27

Two new corporate climate-related bonds were issued this week.

The first, by Hong Kong-listed polysilicon producer Gold Poly, was a $50m convertible bond to finance the solar business of its project acquisition subsidiary China Solar Power Group. The bond is a 3 year bond with a 5% coupon.

EBRD $250m climate bond closes / Norway's REC planning $110m 5yr convertible / We're looking for climate science-savvy interns

Submitted on Wed, 2013-09-11 10:22

1. That EBRD AAA, 5 year "environmental sustainability" bond I blogged yesterday is out; proceeds go to climate related investments. See the EBRD announcement at http://goo.gl/8HwOBH. And check out their FAQ. Coupon is 1.625%. There were 14 buyers: 51% US, 31% European, 18% Asian.