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Energy transition bond to finance Hong Kong FSRU

July 15, 2020

Energy transition bond to finance Hong Kong FSRU

A  $350 million Energy Transition Bond has been issued to support Hong Kong's transition towards a lower carbon future, through the financing of  an offshore Liquefied Natural Gas (LNG) receiving terminal  and its associated pipeline and gas receiving station. This will enable CLP Holdings to buy gas directly from more diversified sources for its gas-fired power generation facilities, including two new combined cycle gas turbine (CCGT) units being developed at Black Point Power Station.