Eolus Vind Aktiebolag (publ) (“Eolus”) has mandated DNB Markets, a part of DNB Bank ASA, Sweden branch (“DNB”) as sole bookrunner to arrange a series of fixed-income investor meetings commencing on 31 March to investigate the possibility to issue EUR denominated senior unsecured floating rate green bonds with an expected maturity of 4 years (the “Bond Issue”). A capital markets transaction may, subject to market conditions, follow.

Eolus further announces that it, subject to a successful Bond Issue, has secured a full refinancing of the group’s existing debt by way of the contemplated Bond Issue, supplemented by a bridge facility, a super senior revolving credit facility, and a commitment for a construction facility for the purpose of project financing (together with the Bond Issue, the “Transaction”).

In connection with the contemplated Bond Issue, Eolus today announces its new green financing framework (the “Framework”). The Framework outlines details for investments exclusively in renewable energy. Through these investments, Eolus aims to reduce society’s dependence on fossil fuels and drive the transition to a more sustainable energy supply, primarily by developing solar power, wind power and energy storage systems. The Framework is available on Eolus’s website on the following link: https://www.eolus.com/en/investors/financing/. Eolus has obtained a second-party opinion from S&P which has awarded the framework a “dark green” shade.

DNB has been mandated as sole bookrunner and green structuring adviser for the Transaction. Mannheimer Swartling Advokatbyrå AB acts as legal counsel for Eolus, and Advokatfirman Cederquist KB acts as legal counsel for DNB.