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Company & Organisation News - 30/07/2018

Vigeo Eiris, second party opinion on Korea Hydro & Nuclear Power’s green bond

The South Korean company, Korea Hydro & Nuclear Power (KHNP) has just issued a €600 million euro bond

Korea Hydro & Nuclear power operates large nuclear, hydroelectric and other renewable power plants in South Korea, which are responsible for about 28% of the country’s electricity supply. The proceeds of the issuance are earmarked for financing and refinancing renewable energy, clean transport and green buildings located in South Korea and overseas.

Vigeo Eiris confirmed that the bond considered by KHNP is a “Green Bond” aligned with the Green Bond Principles, reaching a reasonable level of assurance on the bond’s contribution to sustainability.

Vigeo Eiris Second Party Opinion

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Keywords : Green bonds