Notice. This page is informational and general in nature. Any transaction remains subject to issuer eligibility, investor acceptability, KYC and AML, sanctions screening, diligence, documentation, and third-party approvals. Obtain independent legal, tax, and accounting advice.
Green Bond Advisory
Green bonds are use of proceeds instruments. Investors pay for clarity: eligible projects, a credible tracking method for proceeds, and reporting that survives scrutiny.
FG Capital Advisors supports issuers with green bond frameworks, external review coordination, lender and investor materials, and end-to-end issuance workflow support. We do not act as a bank, broker-dealer, or underwriter as principal. Execution is completed directly with regulated firms and capital markets counterparties.
Apply NowWhat We Deliver
- Green Bond Framework aligned to market standards, including use of proceeds categories, evaluation and selection process, proceeds management, and reporting approach.
- Project and capex mapping, including eligibility screens, exclusions, and evidence packs that reduce diligence friction.
- External review coordination (Second Party Opinion or verification), including reviewer outreach, briefing, data responses, and version control.
- Investor materials and issuer messaging that match documentation and do not overpromise.
- Issuance process support: timeline, roles, disclosure pack sequencing, and post-issuance reporting setup.
Related pages: Structured Debt Advisory Services , Private Placement Debt Advisory , PPP and Project Finance Transaction Advisory.
Typical Issuers And Use Cases
- Corporates funding renewable energy, energy efficiency, electrification, and industrial upgrades
- Utilities issuing for grid reinforcement, storage, and clean generation buildout
- Real asset owners funding building retrofit programs, low-carbon materials, and fleet transitions
- Financial institutions issuing to refinance eligible green loan books
- Public sector and agencies funding transport, water, and climate resilience capex
If your green pipeline is project-based, lender readiness still matters. See Financial Modelling for Renewable Energy Projects.
Eligible Use Of Proceeds Categories
| Category | Examples | What Investors Will Ask |
|---|---|---|
| Renewable energy | Solar PV, wind, storage add-ons, grid-connected enabling capex | Contracting, performance assumptions, interconnection status, capex evidence, commissioning plan |
| Energy efficiency | Industrial upgrades, building retrofit programs, heat recovery, process optimization | Baseline and savings evidence, measurement approach, payback logic, asset life and maintenance plan |
| Clean transport | Fleet electrification, charging infrastructure, rail upgrades, low-emission logistics | Deployment plan, procurement schedule, utilization assumptions, emissions accounting approach |
| Pollution prevention and circularity | Waste reduction systems, recycling capex, emissions control equipment | Permits, compliance standards, throughput assumptions, operating controls and monitoring |
| Water and resilience | Water treatment upgrades, leakage reduction, flood resilience infrastructure | Project scope, KPIs, capex tracking, maintenance and operational reporting |
The correct approach is to match categories to your real capex plan, then build the evidence pack and reporting method before you launch.
Green Bond Issuance Process
The professional term is use of proceeds green bond issuance supported by a Green Bond Framework and external review. Below is the process we run as an advisor, in coordination with your legal counsel and regulated capital markets counterparties.
| Phase | What Happens | Output |
|---|---|---|
| 1. Readiness and scope | Define issuer objectives, size, tenor, currency, target investor base, and eligible project pipeline | Issuance plan and evidence gaps list |
| 2. Framework build | Draft the Green Bond Framework: use of proceeds, selection, management of proceeds, reporting, exclusions | Framework draft with internal sign-off route |
| 3. External review | Coordinate Second Party Opinion or verification, manage reviewer Q&A, tighten disclosures | External review letter and final framework |
| 4. Documentation and disclosure | Align offering docs, risk factors, use of proceeds language, and reporting commitments with counsel and arrangers | Consistent disclosure pack and marketing set |
| 5. Marketing and pricing | Investor education, order book building, pricing guidance, final terms | Priced deal and settlement |
| 6. Post-issuance reporting | Track allocation, publish allocation reporting, publish impact metrics where applicable, and retain evidence | Allocation report, impact report, audit trail |
We can also coordinate portfolio issuance themes where assets and reporting can be standardized, including renewable portfolios and infrastructure programs.
What Investors Reward
Credibility
- Clear eligibility rules and exclusions that do not move later
- External review that matches the real project data
- Offering language aligned to framework and reporting
- Evidence pack that can be audited
Reporting Discipline
- Proceeds tracking method with governance
- Allocation reporting cadence with clear categories
- Impact metrics that are measurable and consistent
- Controls that survive scrutiny and public attention
If you are not willing to report, do not issue a labeled bond. The market will price the reputational risk.
Market Notes
- Standards are getting tighter. The European Green Bond label exists for issuers that can document alignment and reporting to a higher bar.
- Investors focus less on marketing language and more on traceable proceeds, audit trails, and repeatable reporting. That is where deals win and where weak deals get punished.
Helpful references: ICMA Green Bond Principles , European Green Bond Standard , Climate Bonds Standard.
FAQ
Do you guarantee pricing or a successful issuance?
No. Outcomes depend on issuer credit, market conditions, documentation quality, and investor demand. We focus on making the issuance defensible and institution-ready.
Do you provide underwriting or act as a bookrunner?
No. We act as an advisor. Bookrunning, distribution, and regulated execution are performed by licensed counterparties.
Do we need a Second Party Opinion?
Most issuers obtain an external review because investors want independent validation. If you want a more demanding label, verification requirements can be stricter.
What do you need from us to start?
Your capex pipeline, expected timing of spend, existing ESG policies, any prior sustainability reports, and your target issuance parameters. Start here: Client Intake.
Apply with your issuer profile and capex plan. If the file is executable, we will revert with a framework route, external review plan, and an issuance timeline.
Apply NowDisclosure. This content is for informational purposes and does not constitute legal, tax, accounting, or financial advice. FG Capital Advisors is not a bank or broker-dealer and does not provide underwriting as principal. Any support is provided on a best-efforts basis and remains subject to third-party approvals, diligence, compliance checks, and documentation.
