Green corporate bonds issued by central SOE listed companies in the wind power industry

2022/08/11

Recently, the green corporate bonds declared and approved by China Energy Conservation Wind Power Co., Ltd. were successfully issued on the Shanghai Stock Exchange in the first tranche of 2018. As one of the central enterprises in the wind power industry, the issuance of this tranche of bonds reflects the implementation of Xi Jinping's new era of Chinese characteristics. Socialist ideology, promoting the strategic decision-making of ecological civilization construction, practicing the concept of green development, guiding the bond market to support green industries, and promoting the transformation of economic development mode and the transformation and upgrading of economic structure have played a positive demonstration effect.

CECEP Wind Power Co., Ltd. is a listed company on the Shanghai Stock Exchange (stock code: 601016.SH) with the background of a central enterprise. The controlling shareholder is China Energy Conservation and Environmental Protection Group Co., Ltd., and the actual controller is the State-owned Assets Supervision and Administration Commission of the State Council. It is understood that the company was approved to issue 1 billion yuan of green corporate bonds in November 2016, and completed the first tranche in September 2017 with a scale of 300 million yuan. The first tranche of bonds has been displayed on the Luxembourg Exchange for green bond information. This bond is the second issuance of this bond, with a total scale of RMB 700 million, a term of 3+2 years, a subject rating of AA+, and a debt rating of AAA. The funds raised are mainly used to repay the principal and interest of wind power project loans. .

Wind energy is a clean and stable renewable energy. In today's increasingly serious environmental pollution and greenhouse gas emissions, wind power generation, as a globally recognized solution that can effectively mitigate climate change, improve energy security, and promote low-carbon economic growth, has been recognized by governments around the world. , investment and financing institutions, technology research and development institutions, project operation companies, etc. are highly concerned. The company has been focusing on the wind power generation business since its establishment, and is one of the most specialized wind power generation companies integrating wind power project development, construction and operation.