Ellevio AB (publ) has today published an investor report for its green bond.
In June 2020 Ellevio issued its first green bond at a total value of 1,650 MSEK. The strong demand for the initial green bond led to Ellevio later increasing the value of the bond with 350 MSEK. The projects that were financed by these green bonds were the rollout of the next generation of smart electricity meters, and connections of more renewable electricity to the electricity network.
– Our first green bond was oversubscribed 2.5 times, which is very positive. The electricity networks play a crucial role for the society to meet the energy transition and climate goals, and this shows that there is a great interest among investors to be part of the journey ahead, said Jan Seveborg, Head of Treasury at Ellevio.
In 2019, Ellevio launched a framework for green bonds. The aim was to offer the capital market…
