Location: Juist, Germany
Issuer: Mitsubishi UFJ Financial Group
Total amount issued: 500 million USD
Bond maturity date: September 13, 2023
Praxis purchase: 1.25 million USD
Bond rating: A1
In 2016, Mitsubishi issued a green bond directed toward funding solar and wind electricity generation projects throughout various countries. Partially financed by this bond, the Nordsee One offshore wind farm, located 40km north of the island of Juist, began operating in December 2017. With a total generation capacity of 332 MW, the plant provides green electricity for approximately 400,000 German households.