Energy Development Corp.’s P5-billion dual tranche ASEAN Green Bond was chosen as the best local currency green bond by The Asset in its prestigious Triple A Country Awards 2021 for the Southeast Asia best deals category for sustainable finance.
“We are grateful for The Asset’s recognition of our efforts to encourage investors to take a strong stand for the environment through our ASEAN Green Bond program. The public ’s strong support for the expansion of our 100 percent renewable energy portfolio and the financial institutions’ commitment to focus only on funding low carbon power are crucial in speeding up that necessary transition to a decarbonized world. We all need to work together to achieve this while we still can,” said EDC chief finance officer Erwin Avante.
The Asset, through the Triple A Country Awards, recognizes the most laudable initiatives in banking, finance, treasury and capital markets for over two decades with focus on activities in domestic markets.
The Asset is a financial multi-media group that has the widest reach among Asian issuers and global institutional investors.