AC Energy Green Bond Project: FAST Report
Faster Approach to Small Nonsovereign Transactions
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February 2019
The transaction involves a debt investment in bonds of up to $20,000,000 to be issued by AC Energy Finance International Limited (ACEFIL), for the AC Energy Green Bond Project. The proceeds of the overall issuance will be used to invest in solar and wind projects in the Philippines, Indonesia, Viet Nam and Australia. The proceeds of ADB’s subscription will only be applied to solar and winds projects in the Philippines, Indonesia and/or Viet Nam.
This report describes the terms and conditions of a project for consideration for approval by ADB under the Faster Approach to Small Nonsovereign Transactions (FAST) framework.
This document dated February 2019 is provided for the ADB regional project 53037-001.