Profil:
R.POWER S.A.R.Power PV obtains additional PLN 80.7 mln in green bond issue
Polish photovoltaic group R.Power has raised an additional PLN 80.7 million (EUR 19 mln) in a green bond issue, the company said in a press release. This means that the total amount of funds raised in the issue exceeded PLN 610 million (EUR 143.3 mln).
It was reported that the additional funding is in addition to November's PLN 530 million (EUR 124.5 mln) green bond issue.
The funds will be used to refinance existing bonds and to finance new photovoltaic (PV) and also energy storage (BESS) projects. The green bonds were issued under the Green Bond Framework.
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