Capital Power releases inaugural Green Financing Framework
EDMONTON, Alberta, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX: CPX) has released its inaugural Green Financing Framework (Framework) under which the Company will issue green bonds and green loans (Green Financing).
- EDMONTON, Alberta, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX: CPX) has released its inaugural Green Financing Framework (Framework) under which the Company will issue green bonds and green loans (Green Financing).
- Establishing a Green Financing Framework exemplifies Capital Powers commitment to powering a sustainable future for people and planet.
- The Framework sets out the guidelines for Capital Powers Green Financing in accordance with the Green Bond Principles 2021 issued by the International Capital Markets Association (ICMA) and the Green Loan Principles 2021 issued by the Loan Market Association and Loan Syndications and Trading Association.
- Until the Green Financing issued under this Framework is fully allocated, Capital Power will report publicly on the use of the proceeds within one year of issuance and annually thereafter.