Plesner represents European Energy on new issuance of hybrid green bonds

The hybrid green bonds will be consolidated and form a single series with European Energy's existing EUR 75,000,000 hybrid green bonds issued on 22 September 2020, thereby taking the total issue size to EUR 150,000,000.

The hybrid green bonds were successfully priced on 7 April 2021 at an issue price of 101.75% (plus accrued interest). The net proceeds of the hybrid green bonds are intended to be used for purposes of financing or refinancing of eligible projects in accordance with European Energy's Green Bond Framework.

Green and sustainable financing is a key focus for Plesner and we are pleased to represent European Energy on another successful green financing transaction.