Hokkaido Electric Power Company Announces Issuance of Fifth US Dollar Denominated Green Bond
Sapporo, Japan – August 28, 2025 – Hokkaido Electric Power Company, Inc. (HEPCO) is pleased to announce the upcoming issuance of its fifth series of US Dollar denominated bonds, designated as a Green Bond. This significant undertaking, scheduled for August 28, 2025, at 06:00 JST, underscores HEPCO’s continued commitment to sustainable development and its dedication to financing environmentally friendly projects.
The issuance of this Green Bond represents a crucial step in HEPCO’s ongoing efforts to align its financing strategies with its environmental, social, and governance (ESG) objectives. By specifically earmarking the proceeds from this bond for eligible green projects, HEPCO aims to attract investors who share its vision for a more sustainable future and to further bolster its financial capacity to invest in initiatives that contribute to environmental protection and climate change mitigation.
While specific details regarding the allocation of proceeds will be further elaborated in the official prospectus, it is understood that the funds raised will be directed towards projects that meet rigorous environmental criteria. This could encompass investments in renewable energy sources, energy efficiency improvements, carbon emission reduction technologies, and other initiatives that promote environmental sustainability within HEPCO’s operational framework.
This issuance marks HEPCO’s fifth foray into the US Dollar denominated bond market and, importantly, its fifth Green Bond offering. This consistent engagement with the Green Bond market reflects a proactive approach to diversifying its funding sources and embracing innovative financial instruments that support its long-term sustainability goals. The company’s previous Green Bond issuances have been well-received by the market, demonstrating investor confidence in HEPCO’s financial stability and its commitment to environmental responsibility.
Hokkaido Electric Power Company remains steadfast in its mission to provide reliable and stable energy supply while actively contributing to the realization of a decarbonized society. The issuance of this US Dollar denominated Green Bond is a testament to this dedication, allowing HEPCO to further invest in initiatives that benefit both the environment and the communities it serves. The company looks forward to a successful offering and to continuing its journey towards a more sustainable energy future.
北海道電力株式会社第5回米ドル建て債（グリーンボンド）の発行について
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北海道電力 published ‘北海道電力株式会社第5回米ドル建て債（グリーンボンド）の発行について’ at 2025-08-28 06:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.