Kansai Electric Power Plans Second Nuclear Transition Bond Worth $191M
Portfolio Pulse from Benzinga Neuro
Kansai Electric Power Co. plans to issue Japan's second transition bond worth $191 million to fund nuclear power projects. This follows a similar issuance by Kyushu Electric Power Co. and highlights Japan's commitment to carbon neutrality by 2050. Additionally, Hitachi Ltd. issued the largest digital green bonds sale in December, amounting to $68 million.
June 10, 2024 | 1:09 pm
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Hitachi Ltd. issued the largest digital green bonds sale in December, amounting to $68 million, driven by high demand. This highlights the broader trend of innovative financing methods in Japan’s corporate sector.
Hitachi's issuance of digital green bonds aligns with the broader trend of innovative financing in Japan, which is gaining traction. This could positively impact Hitachi's stock in the short term due to increased investor interest in sustainable finance.
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