Pure play green bonds: good or bad?

hydropower
By Jon Hay
01 Apr 2015

Differences are emerging between green bond specialists over whether bonds issued by ‘pure play’ companies, all of whose activities could be classed as green, should count as green bonds, writes Jon Hay.

Pure play companies that have issued green bonds recently include Abengoa Yield, the Spanish renewable energy yieldco, Danish wind turbine maker Vestas Wind Systems and Paprec, a French waste recycling company.

Some market participants are concerned that pure play bonds could muddy the waters in the ...

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