Spain's Opdenergy signs up EUR-100m promissory notes program

Dec 30, 2021 03:55 PM ET
  • Spanish sustainable power producer Opdenergy Holding SA introduced on Wednesday that it had registered a EUR-100-million (USD 113.1 m) promissory notes programme on Spain's different fixed-income market MARF.
Spain's Opdenergy signs up EUR-100m promissory notes program

The notes are considered green and according to the green lending as well as green bond concepts, Opdenergy said.

The company will certainly make use of the program to reach qualified capitalists thinking about funding renewable energy business in an initiative to expand its resources of financing, optimise the typical expense of financial debt as well as sustain its development in the coming years, according to Wednesday's news release.

The statement of the financial debt elevating programme comes after Reuters reported in November that Opdenergy was considering the securities market to acquire fresh capital via an initial public offering (IPO)

The wind and solar programmer reportedly employed several banks to aid it introduce the IPO in the initial fifty percent of 2022, if market conditions allow, sources informed the news agency.

Opdenergy first try at IPO stopped working previously this year because of the lack of financier cravings.

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