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BGE Green Bond

Sector: Water Supply and Storage • Location: China

Source: International Finance Corporation (IFC)

Project
Completed

 Listed on the Shanghai Stock Exchange (“SHSE”), Beijing GeoEnviron Engineering and Technology, Inc. (“BGE” or the “Company”) is a technology-led enterprise specialized in environmental technology research and providing systematic solutions for pollution prevention and control. BGE’s three business lines include environmental remediation, city environmental services, as well as industrial environm

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The project “BGE Green Bond” is an infrastructure initiative in the Water Supply and Storage sector, located in China. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Email

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Description

Description

 Listed on the Shanghai Stock Exchange (“SHSE”), Beijing GeoEnviron Engineering and Technology, Inc. (“BGE” or the “Company”) is a technology-led enterprise specialized in environmental technology research and providing systematic solutions for pollution prevention and control. BGE’s three business lines include environmental remediation, city environmental services, as well as industrial environmental services. BGE obtained regulatory approval to issue its first green bond with an amount of up to RMB1.2 billion (c. US$176 million) on the SHSE through a non-public offering (the “Green Bond”), and the Company has offered to allocate a tranche specific to IFC with an amount up to RMB410 million (c.US$60 million). IFC’s tranche of the Green Bond will follow the International Green Bond Principles (“I-GBP”). The proceeds of IFC’s tranche will be used to support construction of Puyang Waste-to-Energy (“WtE”) project.

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Original Currency

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Original budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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