Continuum Wind Energy to issue maiden green bond worth $500-600 mn

Continuum Wind Energy Ltd was founded in 2012 and is focused on establishing an independent renewable power producer business in India

Continuum Wind Energy Ltd, sponsored by Singapore-based Clean Energy Investing Ltd,  the indirect wholly-owned subsidiary of a Morgan Stanley fund entity, New Haven Infrastructure Partners, plans to issue its maiden green bond of $500-600 million, to be listed on the SGX. The proceeds will be used  to refinance the project debt at six of its operating entities and to set up wind projects in India.

The proceeds of the green bond will be used to refinance the project debt at six of its operating entities of the Continuum Group which together will form part of a bond issuing Restricted Group (RG1).

IFC