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Advanced SolTech Sweden

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Beskrivning

LandSverige
ListaFirst North Stockholm
SektorEnergi & Miljö
IndustriEnergikällor
Gigasun är verksamt inom energisektorn. Bolaget är en energiproducent av el som finansierar, äger och driver takmonterade solcellsanläggningar i Kina. Elen som produceras av bolaget säljs främst till fastighetsägarna. Bolaget är primärt verksamma inom den kinesiska marknaden. Bolaget gick tidigare under namnet Advanced SolTech Sweden. Bolaget grundades 2014 och har sitt huvudkontor i Stockholm.
Advanced Soltech calls for early redemption of secured bonds SOLT5
2023-06-19 15:00:00

Advanced Soltech Sweden AB (publ) announces early redemption of its outstanding senior secured green bonds SEK BOND ISIN: SE0012012680, and EUR BOND ISIN SE0012012698 – Advanced Soltech Sweden AB (publ), in accordance with the terms and conditions of the Bonds. The redemption date is June 28, 2023.

The redemption amount, together with accrued but unpaid interest up to and including the redemption date, will be paid to each bondholder who at the close of record on 20 June 2023 is registered as a holder in the debt register maintained by Euroclear Sweden.

An irrevocable notification of early redemption has been sent on 19 June 2023 to all directly registered owners and registered authorised managers of the bonds according to the debt register maintained by Euroclear as of 20 June 2023.

In connection with redemption, the bonds will be delisted from Nasdaq Stockholm.

This press release is for informational purposes only and should not be construed as an offer to buy or sell or as a solicitation of an offer to buy or sell securities.

For more information, please contact:

Max Metelius, CEO Advanced Soltech Sweden AB (publ)
Phone: +46 (0) 72- 316 04 44
E-mail: max.metelius@advancedsoltech.com

Lars Höst, CFO Advanced Soltech Sweden AB (publ)
Phone: +46 (0) 72-229 00 36
E-mail: lars.host@advancedsoltech.com

Certified Advisor är FNCA Sweden AB

About the China venture

in China ASAB operates through, its wholly owned local subsidiaries Advanced Soltech Renewable Energy (Hangzhou) Co. Ltd, ASRE and Longrui Solar Energy (Suqian) Co. Ltd. The business model consists of financing, installing, owning and managing solar energy installations on customers' roofs in China. The customer does not pay for the plant, but instead enters an agreement to buy the electricity that the plant produces under a 20-year agreement. Current income comes from the sale of electricity to customers and from subsidies. The goal is to have an installed capacity of 1,000 megawatts (MW) which is fully connected to the electricity grid by 2026.

ASRE and Longrui Solar Energy (Suqian) Co. Ltd. are wholly owned subsidiaries of Advanced Soltech Sweden AB (publ).

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Advanced Soltech calls for early redemption of secured bonds SOLT5

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