Based on the review performed by CICERO Green (CICERO) earlier this year, GEG Power’s green financing framework (GFF) was awarded Dark Green — the highest available rating!
CICERO also gave the company a governance score of “Good”. The framework was overall found to be in alignment with CICERO’s green bond and loan principles.
Now, GEG can move forward with its preparations for green bond issuing and financing, bolstered by its commitment to low environmental impacts and project-to-project LCA assessments.
See our full GFF CICERO second opinion document here as well as under our Governance page.
CICERO Shades of Green offers award-winning second opinions to give insight to investors on the environmental quality of green bonds. They were named the largest Green Bond SPO provider of 2019.