Fair Hydro Trust, established in Ontario, Canada, aims to provide financing for the province's electricity distribution systems while promoting sustainable energy initiatives. The trust primarily offers green bonds that are secured by the cash flows from hydroelectric power generation facilities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FRHYDR 3.36% 2033-05-15 CADFair Hydro Trust | Canada | 2033-05-15 | 3.357 | 3.72 |
| FRHYDR 3.52% 2038-05-15 CADFair Hydro Trust | Canada | 2038-05-15 | 3.520 | 4.20 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Fair Hydro Trust has been an innovative player in the bond market, beginning its bond issuance program in 2018. Notably, in 2020, the trust launched a significant $500 million green bond offering, which was well-received, boasting an impressive yield of 3.2%, outperforming the average yield for similar instruments in the renewable energy sector. The bonds feature a robust structure, with proceeds exclusively allocated to eco-friendly projects, positioning the trust as a leader in sustainable finance. Recent reports highlight the trust's commitment to transparency and investor relations, further solidifying its reputation in the market.