on Diok GreenEnergy GmbH (isin : DE000A352B41)
Diok GreenEnergy GmbH Issues Collateralized Green Bond
Diok GreenEnergy GmbH (DGE) has announced the issuance of a collateralized Green Bond, raising up to EUR 125 million. The bond features a 7.625% annual coupon over a five-year term. It is secured by a high collateralization package and is compliant with Green Bond Principles (GBP).
The bond targets qualified investors in Germany and select European countries, with distribution managed by GBC Kapital GmbH and flatexDEGIRO Bank AG/BankM acting as the paying agent. DGE focuses on Battery Energy Storage Systems (BESS), providing necessary storage for renewable energy.
The company plans to revolutionize the energy market by stabilizing the power grid and promoting renewable energies. DGE's investment pipeline exceeds EUR 200 million, with plans for large-scale battery storage and photovoltaic systems.
R. H.
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