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ABO Wind AG Successfully Reaches Target Volume for 2024/2029 Green Bond

ABO Wind AG has confirmed the reach of its 50 million euros target volume for the newly issued 2024/2029 Green Bond, reflecting robust investor interest. The bond highlights a fixed interest rate range of 7.50% to 8.00% per annum, which will be finalized post subscription period ending on May 2, 2024. This range follows enthusiastic responses from institutional investors, asset managers, and private individuals.

The proceeds from the bond issuance are earmarked for advancing ABO Wind's renewable energy projects, including wind, solar, and battery storage. These initiatives align with the company's commitment to adhere to its Green Bond Framework, abiding by the Green Bond Principles from the International Capital Market Association, as validated by auditor imug rating.

Public offerings of the bond occur across Germany, Luxembourg, and Austria, accessible through the company’s website and DirectPlace. Additionally, the bonds are aimed to be listed on the Quotation Board of the Frankfurt Stock Exchange. ABO Wind underscores the investment opportunity, encouraging potential investors to review the securities prospectus approved by the CSSF and available online.

R. H.

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