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Photon Energy to issue its first green bonds worth €50 mln

21:22

Photon Energy to issue its first green bonds worth €50 mln
Source: Photo by Knoell Marketing on Unsplash

Photon Energy will issue its first green bonds worth up to €50 million. The annual interest rate on the six-year bonds was set at 6.5% (quarterly payments).

The net proceeds from the bond issue will be used to finance and refinance projects related to the construction of photovoltaic power plants and will enable the company to continue its activities…

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