Green Bond Fact Sheet

Guangdong Electric Power Development Company

Date: 04/11/2019

Issue date: 22-10-2019 Maturity date: 22-10-2022 Tenor: 3 yearsIssuer Name

Guangdong ElectricPower DevelopmentCompany

Amount Issued

CNY200m/USD28m

Country of risk

China

CBI Database

Included

Issuer Type1

Non-FinancialCorporate

Bond TypeGreen Bond

Green Bond Framework

N/A

Second party opinion

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☒ Energy☒ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ Waste to energy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emissionvehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

Guangdong Electric Power Development Co.,Ltd offers power supply services. The Company
provides power transmission, power system management, power network maintenance,and other services. Guangdong Electric Power Development also operates power project
investment, power industry technical consultation, and other businesses.

Firsts, records andcertifications
Proceeds description

Climate Bonds view

Underwriters

The issuer registered a green medium-term note of CNY1bn, raising funds for green project
construction, supplemented green project supporting working capital and repaying green
project loans amongst others.
The issuer mainly generates capital for solar projects. We are pleased to see the issuer will
have an independent post-issuance report each year from Lianhe Equator Environmental
Impact Assessment Co., Ltd. However, we would like to see more detailed information on
the proposed projects. We also hope that the issuer will disclose the use of proceeds
information each year after issuance and put in place a comprehensive reporting system.
Industrial Bank Co., Ltd.

Deal comments
Credit Rating
Pricing summary
Investors summary
1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign