News / Korea / yonhap_finance
Korea Western Power Issues 50 Billion Won Green Bond to Fund Carbon Neutrality
Utilities · Electric Utilities · yonhap_finance · 2026-09-10
Korea Western Power has successfully issued a 50 billion won green bond, securing capital for eco-friendly projects at a competitive interest rate.
What Happened
Bond Issuance Details: Korea Western Power has successfully issued a five-year green bond worth 50 billion won. The proceeds from this issuance are earmarked for eco-friendly and low-carbon energy transition projects.
Competitive Pricing: The company managed to price the bond at 6.8 basis points below the average private bond valuation rate. Hanyang Securities served as the lead manager for this successful financial transaction.
ESG Commitment: This issuance highlights the company's commitment to ESG management and demonstrates strong investor confidence in its financial stability. The successful pricing reflects the market's positive reception of the firm's sustainability initiatives.
Future Financial Strategy: Moving forward, Korea Western Power plans to diversify its sustainable financing tools to ensure stable capital procurement. These efforts are part of a broader strategy to improve the company's overall financial structure.