ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Nidec's $900m green bond to fund its EV-motor ambitions

Japan's largest-ever such float to go toward R&D and capacity expansion

Nidec will use the proceeds from green bond offerings to fund the development of electric-vehicle motors like the one shown above. 

KYOTO, Japan -- Nidec plans to issue 100 billion yen ($916 million) in green bonds to fund the development of electric-vehicle motors in the company's first and the country's largest-ever float of environmental bonds, Nikkei has learned.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more