DeHeng Advised Three Gorges Corporation
on the Issue of 2018 Green Corporate Bonds

2018-8-03

China Three Gorges Corporation's Green Corporate Bonds Phase I were issued on August 1, 2018, and a fund of 3.5 billion yuan was raised. Part of the Three Gorges Corporation's 15 billion yuan corporate bond program, this successful issuance drove interest rates to hit a new low among corporate bonds issued by central state-owned enterprises in the same period since 2017.

The Three Gorges Corporation strategically positions itself as a clean energy group specializing in large-scale hydropower development and operation. Its primary businesses include hydropower engineering construction and management, power production, international investment and engineering contracting, new energy developments such as wind power and solar energy, comprehensive development and use of water resources, and related professional technical consulting services. After over 20 years of sustained rapid development, the Three Gorges Corporation has become one of the world’s largest hydropower development companies, and one of China’s largest clean energy groups.

DeHeng Lawyers Xu Jianjun, Yang Xinghui, and Wang Huakun from the Beijing office provided professional, high-quality, and comprehensive services related to this issuance by Three Gorges Corporation.