Goldman Sachs to Sell $1 Billion of Japanese Clean Energy Bonds

(Bloomberg) — Goldman Sachs Group Inc. plans to sell $1
billion of Japanese clean energy bonds in the next few years to
provide institutional investors the opportunity to invest in
renewable projects in the Asian nation.

Goldman has set up the Japan Renewable Project Bond Trust
to provide clean energy developers access to “large-scale, more
efficient capital market financings” as an alternative to
loans, the company said in an e-mailed statement.

The trust will initially focus on solar energy projects and
later expand to other types of renewables, according to the

“We are now able to offer renewable energy companies
attractive rates of capital to fund their growth through the
capital markets,” Toru Inoue, vice president, structured
finance at Goldman Sachs, said in the statement.

To contact the reporter on this story:
Chisaki Watanabe in Tokyo at

To contact the editors responsible for this story:
Reed Landberg at
Abhay Singh, Amanda Jordan

About BloombergNEF

BloombergNEF (BNEF), Bloomberg’s primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. We help corporate strategy, finance and policy professionals navigate change and generate opportunities.

Available online, on mobile and on the Terminal, BNEF is powered by Bloomberg’s global network of 19,000 employees in 176 locations, reporting 5,000 news stories a day.
Sign up for our free weekly newsletter →

Want to learn how we help our clients put it all together? Contact us