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Iwatani to Issue Green Bonds for 10 billion yen

On November 10, Iwatani is going to issue green bonds to procure funds for its construction of hydrogen stations which are expected to amount to a total of 10 billion yen.

Green Bonds are debentures of which aim is confined only to the business that is related to environmental improvements. It is said to be the first case the bonds are issued for hydrogen stations.

Iwatani has a plan to construct new hydrogen stations at 30 domestic locations and 19 overseas by 2023, and aims to achieve the plan utilizing the fund financed with the bonds.

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