Finance
Shift to Cleaner Power Sparks Landmark Green Bond in Japan
- Tohoku Electric to sell first green bond from Japanese utility
- Stringent certification may help attract overseas investors
Photographer: Buddhika Weerasinghe/Bloomberg
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In Japan’s gusty northeast, a power company is looking to fund offshore wind projects with a landmark sale of green bonds that seeks to muscle in on the growing pool of money available for environmentally friendly investments.