Hep Solar Projects GmbH Launches 8% Green Bond Tradable on Frankfurt Stock Exchange

Hep Solar Projects GmbH, under its parent company Hep Global GmbH, has successfully placed an 8% Green Bond on the "Freiverkehr" segment of the Frankfurt Stock Exchange, with an issue date of April 5, 2024. The bond, amounting to EUR 16.8 million of the EUR 30 million maximum volume, aims to finance the development of photovoltaic projects across Europe, the United States, Canada, and Japan. This move is part of Hep Global GmbH's broader growth strategy in the renewable energy sector.

Given the bond's promising uptake, with just under a third of its maximum volume available for subscription, the company invites interested private investors from Germany, Austria, and Luxembourg to participate. The bond, managed by Lewisfield Deutschland GmbH as Financial Advisor, underscores Hep Global's commitment to renewable energy expansion and investor confidence in its endeavors.

The bond, with a five-year term ending in November 2028, offers a semi-annual interest payment at an 8% coupon rate. Its inclusion in the Frankfurt Stock Exchange's open market represents a significant step toward securing the necessary funds for Hep Global's ambitious development pipeline, positioning the company as a notable entity in the green bond market.