Solar EPC and O&M provider Greencells has successfully placed the first tranche of a secured green bond, raising €15 million (US$17.9 million) to finance a growth push.
German solar engineering, procurement and construction (EPC) provider Greencells has issued a secured green bond worth €25 million, the proceeds of which will be used to target a substantial EPC pipeline.
Oversubscription by a factor of six greets issuance of bond listed on Stockholm’s Nasdaq, paving the way for further investments in green energy, energy efficiency and two other areas.
Midsummer rang the opening bell at Nasdaq Stockholm on Thursday, with the solar energy technology company signaling the start of trading for its new green bond.
Manufacturer hails loan extension, Japanese firm claims to halve finance costs via green debt structure, Indian player bags US$300m from top financiers.
Italian utility Enel has launched a €1 billion (US$1.14 billion) green bond to finance new renewables, transmission and distribution networks and e-mobility projects.
The European Bank for Reconstruction and Development (EBRD) is providing a €5.9 million loan to Macedonian state-owned electricity company ELEM to build a large-scale solar power plant on the site of a former lignite coal mine.
The Asian Development Bank (ADB) will invest THB5 billion (US$155 million) in Thai firm B.Grimm Power's maiden 5-year and 7-year green bonds – the first certified climate bonds to be issued in Thailand – in order to finance renewable energy projects in the Southeast Asian country.
Duke Energy Carolinas, a subsidiary of Duke Energy, has issued a US$1 billion in green bond in order to finance clean energy projects, including solar and energy storage plants in North and South Carolina.
Distributed solar company Faro Energy has issued the first certified Green Bond for solar energy in Brazil, according to non-profit organisation Climate Bonds Initiative (CBI).
