Korea Hydro & Nuclear Power Co. (KHNP) announced on the 5th that it has successfully issued Asia's first nuclear green bond. This issuance is significant in that it has received international recognition for the eco-friendliness of nuclear energy.
Key Highlights:
Issuance Size and Purpose: Issued green bonds worth approximately 1.2 billion Hong Kong dollars (approximately 215 billion won) with a 3-year maturity.
All funds raised will be used for enhancing nuclear power plant safety and research and development (R&D) related to next-generation nuclear power plants.
Investors: Numerous global major investment institutions located in Hong Kong and Singapore participated.
Significance: International recognition for the eco-friendliness of nuclear energy.
Enables the promotion of nuclear power projects at lower interest rates.
Received the highest rating certification for the green bond management system from Moody's (first in the world).
KHNP President's Statement: "Through this nuclear green bond issuance, the eco-friendliness of nuclear power has been officially recognized worldwide."
"It will become a new milestone in green finance."
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