Akuo Energy has successfully issued a Green Bond worth €194 million, marking its largest bond issuance to date and the eleventh since 2013. This funding will be utilized to accelerate Akuo’s portfolio of green energy production and storage projects, in alignment with its sustainable development goals.
Strong Market Confidence in Green Investments
The bond issuance attracted both long-standing partners and new institutional investors, showcasing strong market confidence in green energy investments and the urgency of the energy transition. Investors expressed a high level of trust in Akuo’s strategic direction, underscoring the coherence of its recent initiatives in the renewable energy sector.
Details of the Bond Issuance
The senior unsecured bonds were exclusively offered to qualified investors within the European Union under a public offering exempt from prospectus publication, in compliance with Regulation (EU) No. 2017/1129. These bonds are listed on the Euronext Access market in Paris (ISIN: FR001400U538) and adhere to the International Capital Market Association (ICMA) principles, ensuring alignment with best practices in green financing.
Conclusion
With this latest funding, Akuo Energy is well-positioned to enhance its contributions to the renewable energy landscape, furthering its commitment to sustainable development and the transition to a greener economy.
Sources
- Akuo Energy Official Website
- International Capital Market Association (ICMA) – Green Bond Principles
- Euronext – Access Market Information
