Proceeds from QTC Green Bonds are to be used to fund qualifying green projects and assets for the State of Queensland. The qualifying green projects and QTC’s Green Bond Framework have been certified by the Climate Bonds Initiative and verified by DNV GL, an approved third-party assurance provider.
Projects and assets
Proceeds from QTC Green Bonds are allocated to fund an eligible portfolio of projects and assets that support the State’s transition to a low carbon and climate resilient economy. Eligible projects must meet the certification requirements of the Climate Bonds Standard. The composition of the project portfolio may change throughout the life of the bond and information on any changes will be made available.
The proceeds from the March 2017 issuance of QTC Green Bonds will go towards a range of projects and assets from the low-carbon transport and renewable energy categories of the Climate Bonds Standard. Projects and assets include:
- Gold Coast Light Rail stage 1 and 2
- Moreton Bay Rail Link
- New Generation Rolling Stock
- Various cycleways and
- Sunshine Coast Solar Farm.
Public material and annual reporting is available on the QTC Green Bond webpage or if you are a client of QTC, log in to QTC Link for more information on QTC’s Green Bond, including frequently asked questions on projects and eligibility.
The securities offered were not registered under the United States Securities Act of 1933 as amended (the “Securities Act”) or any state securities laws, and can not be offered or sold in the United States without registration or an applicable exemption from the registration requirements of the Securities Act.