Green Bond Fact Sheet

Suntien Green Energy

Date: 13-Mar-2018

Issue date:13-Mar-2018 Maturity date: Perpetuity Tenor: 3+N
Issuer Name

Suntien Green Energy

Amount Issued

CNY590m(USD93m)

Country of risk

China

CBI Database

Included

Issuer Type1

Non-financialCorporate

Bond TypeGreen Bond

Green Bond Framework

Link to GB Framework

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

EY

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☐ Water performance☐ HVAC systems☐ Energy storage/meters☐ Energy performance ☐ 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

Proceed allocation and impact reporting will be disclosed annually in the company’s
green bond report.
China Suntien Green Energy Corporation Limited is a Hong Kong-based investment
holding company principally engaged in electric power generation and the sales ofnatural gas. The Company operates through two segments. Natural Gas segment isengaged in the sales of natural gas and gas appliances and the provision ofconstruction and connection services of natural gas pipelines. Wind Power andSolar Energy segment is engaged in the development, management and operationof wind power plants and solar energy plants. This segment is also involved in thegeneration of electric power for sales to external power grid companies. The
Company mainly operates businesses in Mainland China.

Firsts, records andcertifications
Proceeds description

Climate Bonds view

Underwriters

Proceeds from its green bond will finance or refinance 15 wind farms in China. In
the bond prospectus, the issuer disclosed the expected climate impact of two
eligible wind farms. For example, the one in Hebei province has a total installedcapacity of 200MW and will deliver positive impact by avoiding 180k tons ofstandard coal equivalent, 1010k tons of CO2 and 42t of SO2. EY provided an
external review.
We consider this bond a good example of the level of disclosure we like. Not only is
the intended use of proceeds fully aligned with the 2oC target for global warming,
but the issuer provided very detailed disclosure on the name and location of eligible
projects as well as expected impact.
Galaxy Securities, PingAn Securities

Deal comments
Credit Rating

AAA (CCXI)

Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign