Castle Peak fires up third transition bond, bags $300m

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By Morgan Davis
25 Feb 2021

Hong Kong's Castle Peak Power Co sold its third energy transition bond on Wednesday, raising $300m and solidifying its leadership in the sector in Asia.

The power generator sold the world's first energy transition bond in 2017, and followed it with a $350m transition trade in June 2020. Only a handful of transition bonds have been sold globally, including a $500m three year trade printed by Bank of China in January. ...

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