Baseload Capital issues green

March 14, 2020

Baseload Capital issues green bond of SEK 500 million

Baseload Capital has issued its first green bond. In total, SEK 500 million has been raised to finance low temperature geothermal heat power globally. 

Baseload Capital has issued a SEK denominated senior secured green bond under its green bond framework. The bond is the first one in Sweden focused on low temperature geothermal heat power.

- The response, interest in and support from investors for what we are doing has been extremely positive. It is clear that the investors who have chosen to participate in our bond want to play an active role in changing the energy landscape from brown to green, says Alexander Helling, CEO of Baseload Capital.

The proceeds from the bond will be used to invest in and develop low temperature Heat Power plants in specific markets. Heat Power plants generate renewable electricity from heat 24/7.

-Each Heat Power plant will significantly reduce greenhouse gases and support the local community with a sustainable baseload power, says Pernilla Wihlborg, COO of Baseload Capital.

The bond offering, which immediately attracted considerable interest, has been placed with Nordic institutional investors.

DNB Markets acted as advisor and lead arranger of the green bond.

For further information, please contact:

Alexander Helling, CEO, Baseload Capital
+46 73 772 4020
alexander.helling@baseloadcap.com

Pernilla Wihlborg, COO, Baseload Capital
+46 76 149 7060
pernilla.wihlborg@baseloadcap.com

RELATED POSTS

Why Norway Leads the Way in Climate Change Solutions - Guro Skjæveland, Nysnø Climate Investments

Can we allow ourselves to not be interested in climate change? Our guest in the new episode of The Switch Podcast decisively says no, because it was us people that led this planet into the state of climate change.

Keeping hope alive

There is a famous quote by American author Robert Jordan that goes something like this: “The oak fought the wind and was broken, the willow bent when it must and survived.”

Clean tech is the future for startups - Stefan Söderling, Fund Manager & CEO Almi Invest Greentech

Fifty percent of technologies that are needed for reaching net zero by 2050 are not yet invented. Where does that leave investors (and everyone else) in tackling the climate crisis?

Coffee with Baseload – Episode #9

This time, we had a chance to catch up with Veronica Wänman, Investment Manager at Baseload Capital. let's hear what our new team member has to say about geothermal.
1 2 3 23
menu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram