Environmental and Social Governance
In March 2015, the Hallett Hill 2 Wind Farm (HHWF) launched a A$205m issue in the US Private Placement (USPP) market. The USPP Notes have been certified in compliance with Green Bond Principles. The Green Bond Principles provide assurance that proceeds are being used to finance eligible activities with clear environmental benefits.
ICG engaged DNV GL Business Assurance Pty Ltd (DNV GL) to create a HHWF specific Green Bond Framework which can be used to demonstrate that HHWF is meeting the Green Bond Principles and provide an independent second party opinion as to whether the bond meets the criteria established in the framework. DNV GL have confirmed that the Notes are aligned with the Green Bond Principles and have approved the certification of the HHWF Green Bond.