S&P Global Ratings assesses SchneiTec Dynamic Co. Ltd.'s Green Bond Framework as Dark green, representing activities that correspond to the long-term vision of a low-carbon climate resilient future. SchneiTec Dynamic is a special purpose company established for the development of a 60 megawatt solar photovoltaic power plant with a battery energy storage system, located in Kampong Chhnang province, Cambodia. The company is wholly owned by Heng Socheat (the sponsor), a Cambodian national, who also owns other companies, together constituting the SchneiTec Group.
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