Financing through green bonds for renewable energy development
First written in FY2022. 4 of 5 entries say "Advanced", first in FY2023. Latest entry: 2026-07-23.
4 other companies' latest entry also says "Advanced".
- 2026-07-23AdvancedShare Issuance and Disposal
「Regarding the publicly offered hybrid bonds with a subordinated covenant announced in our notice dated 29 June 2026, “Issuance of Publicly Offered Hybrid Bonds (Subordinated Bonds),” we have determined the issuance terms and hereby announce them as follows.」
Following green transition finance, U.S. dollar-denominated bonds and convertible bonds with stock acquisition rights, the terms of the publicly offered hybrid bonds were finalized. The total issue amount is ¥80 billion, with 50% classified as equity credit for rating purposes. - FY2026AdvancedAnnual report
「In addition to using green and transition finance, the Company is working to diversify and stabilize funding methods for pursuing carbon neutrality, including the issuance of U.S.-dollar-denominated bonds and convertible bonds with stock acquisition rights.」
In addition to green and transition finance, the Company expanded its funding methods by using U.S.-dollar-denominated bonds and 2031-maturity convertible bonds with stock acquisition rights. - FY2024AdvancedAnnual report
「The Company will also pursue carbon neutrality while utilizing green finance and transition finance frameworks, including the “Hokkaido Electric Power Green Bond” and “transition-linked loans.”」
In addition to its existing green bonds, the Company explicitly stated that it would use funding frameworks including transition-linked loans. - FY2023AdvancedAnnual report
「The Hokuden Group's funding needs mainly comprise funds required for capital investment related to the electric power business and debt repayment. In addition to internal funds, it raises funds through bond issuance and borrowings from financial institutions, while using commercial paper for short-term funding needs. The Group will also pursue carbon neutrality while utilizing green finance and transition finance frameworks, including the “Hokkaido Electric Power Green Bond,” which it has issued since December 2021.」
In addition to its existing green bonds, the Company indicated a policy of using green finance and transition finance frameworks as funding methods. - FY2022First statedAnnual report
「In December 2021, the Company issued its first bond, the “Hokkaido Electric Power Green Bond (372nd issue),” with proceeds restricted to renewable energy development and other purposes, and is working to diversify and stabilize funding sources as it pursues carbon neutrality.」
The Company issued its first green bond with proceeds restricted to renewable energy development and other purposes, adding a funding method for decarbonization investment.