Sustainability Investment - BNP Paribas Asia Pacific
BNP Paribas in Asia Pacific Corporates & Institutions

Investment in green infrastructure is increasing at a rapid rate, here and overseas. We are receiving more and more enquiries from corporates about this avenue of fund raising.

There are several reasons for the rapid growth. One is the increasing adoption of ESG (environment, social and governance) by institutional investors. Another reason is the increasing use of ESG in risk management. This ranges from simple diversification of funding sources and investments to ESG overlays being increasingly used as another form of risk analysis and management by institutional investors.

Many supranational and sovereign investors also need to be able to demonstrate that they are responsible investors. Green bonds do that.

We expect green bond issuance to increase and diversify as governments across Asia Pacific look to build cleaner urban infrastructure and energy production.

Accordingly, leading companies looking to establish themselves in this build-out should consider their green bond issuance credentials.

BNP Paribas recently raised over A$200 million through a green bond US Private Placement (USPP) for Hallett Hill No. 2 Pty Ltd – a windfarm in South Australia owned by Energy Infrastructure Trust. The bond was certified green by DNV-GL and also rated by S&P.

Australia’s oldest global bank, BNP Paribas, was joint lead manager on the transaction, which was the:

• First Green Bond issued in the USPP market
• First Green Bond issued by a single asset project finance issuer in any market, and the
• First Australian wind project financed by US investors.

BNP Paribas took the lead in structuring the package and the green bond verification process.


The information included in this document is confidential and is provided to you for information purposes only. This document expresses BNP Paribas’ position on the basis of its own appraisal of the applicable facts, law and regulations in force at the date hereof. Accordingly, BNP Paribas assumes no responsibility or liability for the information contained herein and you must consult your own advisers prior to making any decision in respect of such information.
BNP Paribas is not providing any financial consulting service or investment advice to you. You should obtain independent legal, financial and other professional advice and make your own decision as to whether or not you wish to enter into any of those transactions with any person. Any information set out in this document is for reference only and should not be relied upon by you in any circumstances. BNP Paribas shall not have any liability to you or any of your affiliates (whether in contract, in tort or otherwise whatsoever) for any loss, damage, cost or expense that you or any of your affiliates may have suffered or incurred arising out of any of those transactions.
The information and opinions contained in this document have been obtained from public sources believed to be reliable, but no representation or warranty, express or implied, is made that such information is accurate or complete and it should not be relied upon as such. This document does not constitute a prospectus or other offering document or an offer or solicitation to buy any securities or other investment. Information and opinions contained in this document are published for the assistance of recipients, but are not to be relied upon as authoritative or taken in substitution for the exercise of judgment by any recipient; they are subject to change without notice and not intended to provide the sole basis of any evaluation of the instruments discussed herein. Any reference to past performance should not be taken as an indication of future performance. No BNP Paribas Group Company accepts any liability whatsoever for any direct or consequential loss arising from any use of material contained in this document. All estimates and opinions included in this document constitute our judgments as of the date of this document.
BNP Paribas and their affiliates (collectively “BNP Paribas”) may make a market in, or may, as principal or agent, buy or sell securities of the issuers mentioned in this document or derivatives thereon. BNP Paribas may have a financial interest in the issuers mentioned in this document, including a long or short position in their securities, and/or options, futures or other derivative instruments based thereon. BNP Paribas, including its officers and employees may serve or have served as an officer, director or in an advisory capacity for any issuer mentioned in this document. BNP Paribas may, from time to time, solicit, perform or have performed investment banking, underwriting or other services (including acting as adviser, manager, underwriter or lender) within the last 12 months for any issuer referred to in this document. BNP Paribas may, to the extent permitted by law, have acted upon or used the information contained herein, or the research or analysis on which it was based, before its publication.
© BNP Paribas 2015. All rights reserved.
  • BNP Paribas