Green Bond Fact Sheet

Shenzhen Energy Nanjing Holding Co., Ltd

Date: 17/05/2019

Issue date:29-Apr-2019 Maturity date: 28-Apr-2024 Tenor: 5Issuer NameShenzhen EnergyNanjing Holding Co.,
Ltd

Amount Issued

CNY1bn/USD148.6m

Country of risk

China

CBI Database

IncludedIssuer Type1

Non-financial
corporate

Bond TypeABS

Green Bond Framework

Prospectus

Second party opinion

CCX

Certification Standard

N//A

Assurance report

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 emission
vehicles☐ 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☐ Wastewater
treatment☐ 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

Use of proceeds and impact reporting will be disclosed semi-annually between 31st
August and annually before 30th April on CFETS and NAFMII’s designated websites.
CCX will provided a half-yearly report on the use of proceeds, along with impact
reporting.
The company is mainly engaged in investment and operation activities ofphotovoltaic and wind power stations. As of year-end 2017, the company’s total
installed capacity of photovoltaic and wind power generation was 1001.01MW. The
company was formed in 2013 and is based in Nanjing, China.

Firsts, records andcertifications
Proceeds description

Climate Bonds view

Underwriters

The bond is made up of 6 tranches, totalling CNY1bn. All proceeds will be used forthe repayment of loans (60%) and as working capital (40%). This ABS is backed bycash flows generated from 13 solar photovoltaic projects with a total installedcapacity of 228.43MW.
Expected environmental benefits include avoiding 97,746.2 tons of coal equivalent,
165,135 tons of carbon dioxide, 149.55 tons of sulphur dioxide and 830.63 tons ofnitrogen oxides. A detailed breakdown can be found in the SPO provided by CCX.
We consider this bond a green bond because although all proceeds will be used forloan repayments and working capital, the secured assets are all photovoltaic power
generation projects that are carried out by pure-play solar generation companies.
Bank of China

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