ABO Wind's EUR 50m Green Bond: Powering Renewable Growth
- ABO Wind AG set to launch EUR 50 million green bond for wind, solar, and storage projects. Secure your investment with 7.00% - 8.00% interest rate.
German renewables developer ABO Wind AG is preparing to issue a EUR 50 million green bond to fund the connection of more wind, solar, and storage projects to the grid. The bond will have an interest rate in the range of 7.00% - 8.00% p.a. and will mature on May 8, 2029. Investors in Germany, Luxembourg, and Austria will have the opportunity to subscribe to the bond from April 12 to May 2, 2024.
The net proceeds of up to EUR 48 million from the bond issuance will be used to finance current and future renewable energy and storage projects. ABO Wind currently has 23 GW of projects under development and aims to capitalize on the favorable regulatory environment in its markets. B. Metzler seel. Sohn & Co. AG will serve as the Sole Global Coordinator for the bond issuance.
What are the details of ABO Wind AG's upcoming green bond issuance?
- ABO Wind AG is planning to issue a EUR 50 million green bond to fund the connection of more wind, solar, and storage projects to the grid.
- The bond will have an interest rate in the range of 7.00% - 8.00% p.a. and will mature on May 8, 2029.
- Investors in Germany, Luxembourg, and Austria will have the opportunity to subscribe to the bond from April 12 to May 2, 2024.
- The net proceeds of up to EUR 48 million from the bond issuance will be used to finance current and future renewable energy and storage projects.
- ABO Wind currently has 23 GW of projects under development and aims to capitalize on the favorable regulatory environment in its markets.
- B. Metzler seel. Sohn & Co. AG will serve as the Sole Global Coordinator for the bond issuance.