BusinessPhoto: Mercom IndiaGreen Genius Raises $72.5 Million via Green Bond Issue
Renewable energy developer Green Genius has raised €65 million (approximately $72.5 million) through a green bond issue to refinance subordinated construction loans. The bonds have a four-year maturity with a floating interest rate tied to the three-month EURIBOR plus 8% annually. They will trade on Nasdaq Stockholm's Sustainable Bond List and attracted international institutional investors from Nordic, Baltic, UK, and US markets. CEO Ruslan Sklepovič highlighted the bond's role in supporting the company’s 1 GW operational portfolio goal by 2030 and diversifying its renewable energy projects.
Mercom India·


