This is EDC\u2019s third Green Bond, with previous bonds of 300M in January 2014 and 300M in December 2015, each receiving strong support from the green bond investor community.<\/p>\n
\u201cThis is our largest Green Bond yet, which reflects the increasing demand for sustainable investment products within the international capital markets community,\u201d<\/em> said Ken Kember, Senior Vice President and Chief Financial Officer, EDC. \u201cGreen Bonds are just one example of EDC\u2019s contribution to international climate change objectives, and our alignment with broader industry trends towards low carbon and climate-resilient technologies.\u201d<\/em><\/p>\n The proceeds of this Green Bond offering will go towards EDC\u2019s portfolio of green assets, including loan assets made to companies that are active in fields of preservation, protection or remediation of air, water, and\/or soil, creation of renewable energy and mitigation of climate change.<\/p>\n \u201cCombatting climate change by supporting clean technologies is a strategic priority for EDC,\u201d<\/em> said Kember. \u201cCanadian companies have the expertise to be world leaders in the sector, which is why we\u2019re working hard to support the commercialization of these companies \u2013 so they can meet rising global demand for goods and services that allow for a more efficient use of the planet\u2019s resources.\u201d<\/em><\/p>\n Examples of the transactions and projects related to EDC\u2019s Green Bond program include:<\/strong><\/p>\n Company\/Project:<\/strong> Northland Power\/ Nordsee One GmbH Company\/Project:<\/strong> BioAmber Company\/Project:<\/strong> Brookfield Renewable Partners Company\/Project:<\/strong> GoldLinQ Export Development Canada (EDC) priced USD 500 million 1.625% Fixed Rate Green Bond due June 1, 2020. The lead underwriters were HSBC, J.P. Morgan and SEB. This offering is scheduled to close on June 1, 2017.<\/p>\n","protected":false},"author":20,"featured_media":63267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1856,1859,1849,1671,1826,1682,1681,1676,1651,1437,2007,2103,1685],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/63269"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=63269"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/63269\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/63267"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=63269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=63269"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=63269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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Sector:<\/strong> Renewable energy
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Location:<\/strong> Germany
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Description:<\/strong> Development and operation of wind farm consisting of 54 wind turbine generators located in the North Sea.<\/p>\n
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Sector:<\/strong> Biochemicals and biomaterials
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Location:<\/strong> Canada
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Description:<\/strong> Construction and operation of the largest succinic acid plant in the world, with a carbon neutral footprint and a production process that employs renewable feedstock.<\/p>\n
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Sector:<\/strong> Renewable energy
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Location:<\/strong> Ireland
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Description:<\/strong> Support related to the acquisition of existing, operating wind power assets, located in several separate locations across Ireland.<\/p>\n
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Sector:<\/strong> Public Ground Transport
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Location:<\/strong> Australia
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Description:<\/strong> Extension of an existing light rail transit system and supporting infrastructure, to reduce automobile traffic and vehicle emissions. <\/p>\n","protected":false},"excerpt":{"rendered":"