Green Bond Fact Sheet
Taiwan Power Company
Issue date:15-Nov-2018 Maturity date: 15-Nov-2023 Tenor: 5Date: 22-Nov-2018

Issuer Name

Taiwan PowerCompany

Amount Issued

TWD2.9bn (USD93.8m)

Country of risk

TaiwanCBI Database

Included

Issuer Type1

Non-FinancialCorporate

Bond TypeGreen Bond

Green Bond Framework

N/A

Second party opinion

N/A

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☐ Energy performance☐ 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

Adhering to Clause 5 of the Taipei Exchange Green Bond Guidelines, the issuer has
disclosed details on pre-issuance impact reporting for each project.
Taiwan Power Company. The Taiwan Power Company is a state-owned electric
power industry providing electricity to Taiwan and off-shore islands of the Republicof China.

Firsts, records andcertifications
Proceeds description

Climate Bonds view

Underwriters

All proceeds will finance local renewable energy projects, including one offshore
and two onshore wind farms, three solar farms, one small hydro and one project
dedicated to developing small solar and wind facilities on a number of outlying
islands. These projects are expected to generate an average of 74,464 GWh ofelectricity per year and help to avoid 412,530 tones CO2 emission combined.
We strongly support clarity and regular reporting on the use of proceeds for eachbond issued. The use of proceeds for this bond is bound by the April 2018 Taipei
Exchange Green Bond Operational Directions which incorporate regular checks andevaluations. As the Liyu Tan hydro project is based on an existing reservoir and we
couldn’t identify any relevant controversies regarding social and environmental
issues, all projects are aligned with CBI taxonomy.
Hua Nan Bank

Deal comments
Credit Rating

twAAA

Pricing summary
Investors summary

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