wind-power

Webinar: Introduction to Climate Bonds Wind Criteria: Who Can Use It? What's Involved? What's the Potential? Hear from the Experts

Investment in wind energy assets is growing as costs come down, technology improves and energy policies shift towards renewables. As part of this trend we are seeing wind based green bonds being Climate Certified from Australia to India to Mexico. 

Arise Wind issues a 2nd corporate green bond: SEK 350m ($50m), 3yr, floating rate. Should we be bringing all pureplay renewable energy corporate bonds into the green bond list?

Arise AB, the Swedish integrated wind power company, has announced issuance of a SEK 350m green bond, their second green bond in 2014. It is a senior unsecured bond with a floating interest rate of 6% above STIBOR 3M.

USA's NRG Yield issues $500m, Ba1, 10yr, 5.27% green corporate bond to fund renewable energy purchase. Renewable energy firms are beginning to understand benefits of being part of a larger green bonds universe

NRG Yield Operating LLC yesterday announced it had issued a $500 million bond to finance the purchase of the Alta Wind facility in California. It's 10-year corporate bond with a 5.37% coupon. Alta Wind has 947MW of operating wind capacity.

China’s CGN Wind issues RMB1bn ($161m) 5yr green bond with carbon-linked coupon

China's CGN Wind has issued a one billion yuan, five year bond to finance wind energy developments in Inner Mongolia, Guangdong, Xinjiang and Gansu. Unusually, the interest rate uses a combination of "fixed rate + floating rate", with the floating rate tied to China Certified Emission Reduction (CCER).