Wuhan Holdings issues epidemic control green bonds

Wuhan Holdings recently announced that the company had been approved by the National Development and Reform Commission to issue green bonds of no more than 870 million yuan.

Wuhan Holdings recently announced that the company had been approved by the National Development and Reform Commission to issue green bonds of no more than 870 million yuan.

According to the announcement, 95 million yuan raised from the issuance will be used for the PPP project of rural sewage treatment in Xiantao City, 160 million yuan for the project of expanding sewage treatment plants in Wuhan’s Nantaizi Lake, 180 million yuan for the sewage treatment in Huangmei County, and 435 million yuan for supplementing the operation, which includes the expenditure on the prevention and control of the novel coronavirus.

Wuhan Holdings is exclusively sponsored by Wuhan Water Group Co. Ltd., which was listed on the Shanghai Stock Exchange in 1998 as the first listed water affairs company in China. Being comprehensive water and environmental service provider, Wuhan Holdings has vigorously expanded its sewage treatment market both inside and outside the province in recent years.

Source: CRI Online

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/07/wuhan-holdings-issues-epidemic-control-green-bonds/.

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