Dominican Republic Green Bond Pioneer
The first issuer from the Dominican Republic, Empresa Generadora de Electricidad Haina, S. A. is an electricity producer. The company provides electricity from solar, wind and thermal power plants. Proceeds from the bonds are destined to expand the renewable energy portfolio. Which contemplates the installation of an additional 1,000 MW from 2020 to 2030.
"We are honored to receive the 'Dominican Republic Green Bond Pioneer' award from the Climate Bonds Initiative. At EGE Haina, we are committed to the transition to a sustainable energy model, and this recognition is a testament to our efforts to keep expanding our renewable energy portfolio in the Dominican Republic. The proceeds from our green bonds will help our expansion initiative to add an additional 1,000 MW of renewable energy capacity by 2030, and we are proud to be contributing to the fight against climate change."