AustriaEnergy International GmbH plans to issue a secured 8.00% Green Bond 2023/2028 with a volume of up to EUR 25 million

AustriaEnergy International GmbH plans to issue a secured 8.00% Green Bond 2023/2028 with a volume of up to EUR 25 million

• Highly profitable site developer with many years of experience
• Start of subscription on 14 June 2023
• Webcast on 14 June 2023 at 10:00
• Focus on industrial site developments for the production of hydrogen and ammonia from self-sufficient wind and solar parks in global prime locations, such as Chile
• Potential pro-rata revenue of USD 150 million expected by end of 2027 from contractually secured pipeline of approx. 9.6 GW

Vienna, 12.06.2023 – AustriaEnergy International GmbH, an owner-managed, internationally active site developer and technology integrator for the conception of industrial wind and solar parks for the production of green hydrogen and ammonia from exclusively renewable energies, would like to make a sustainable contribution to increasingly exploiting the global potential for renewable energy sources. For this purpose, the company plans to issue a secured corporate bond (ISIN: DE000A3LE0J4) with a volume of up to EUR 25 million. The security, which is qualified by imug rating in accordance with the Green Bond Principles (GBP) 2021 of the International Capital Market Association, carries an interest rate of 8.00% p.a. over a term of five years. The collateralization of the Green Bond provides that the dividend claims of the issuer against AustriaEnergy, S.L.U., which holds all sites in the current focus market Chile, are pledged as first-ranking to a trustee in favor of the bondholders.

Interested investors can subscribe to the secured Green Bond 2023/2028 from 14 to 26 June 2023 (12:00) via the subscription functionality DirectPlace of the Frankfurt Stock Exchange in the trading system XETRA. At the same time, a private placement will be conducted by BankM AG as bookrunner exclusively to qualified investors in Germany, in certain other countries of the European Economic Area and in Switzerland.

AustriaEnergy offers interested investors the opportunity to obtain information via a webcast (without an accompanying conference call) on Wednesday, 14 June 2023 at 10:00 (CEST). You can register for the online presentation via the following link: https://montegaconnect.de/event/7y1gq0l59lduagjl4y5ihugk140vpeju

As an owner-managed, internationally active site developer and technology integrator in the fields of wind power, photovoltaics, green-hydrogen/green-ammonia and storage technology, the AustriaEnergy Group successfully focuses on the renewable energy market in Chile. With a track record of around 800 MW, the company is one of the pioneers there in wind power and photovoltaics (active since 2013) as well as green-hydrogen/green-ammonia (active since 2019). A decisive success factor is the selection and securing of suitable sites, as their number is limited and, for example, regional planning, nature conservation, landscape protection, aviation and other building regulations must be observed. AustriaEnergy distinguishes itself here through a multi-stage assessment process prior to contractually securing the land. As a result, all photovoltaic sites in Chile to date have been successfully developed to ready-to-build status and sold. On average, AustriaEnergy achieved a multiple of 2.7 times DEVEX (development expenses excluding financing costs) in the sale of its wind and photovoltaic sites to date. Currently, the company has a contractually secured pipeline of approx. 9.6 GW in terms of securing land or concluding the necessary lease agreements. This is expected to generate a potential pro-rata revenue of USD 150 million by the end of 2027.

Helmut Kantner, Managing Director of AustriaEnergy International GmbH: “Chile is a very attractive market for renewable energy. The potential for renewable energy sources is about seventy times the current installed power capacity. In addition, energy generation is to be 100% CO₂-free by 2040. At the same time, Chile also wants to be one of the world's three largest exporters of hydrogen by then. With the inflowing funds from our secured Green Bond, we want to further exploit this enormous market potential.”

The net issue proceeds will be used in particular for site development and technology integration in Chile in the fields of wind power (40% of the funds), photovoltaics (30% of the funds) and green-hydrogen/green-ammonia (30% of the funds).

The securities prospectus approved today by the Luxembourg Financial Market Authority (Commission de Surveillance du Secteur Financier (“CSSF”)) and notified to the Austrian Financial Market Authority (“FMA”) and to the German Federal Financial Supervisory Authority (“BaFin”) is available for download on the website of AustriaEnergy International GmbH (www.austriaenergy.com/en/greenbonds/).

The new secured 8.00% Green Bond 2023/2028 is expected to be included in trading on the Open Market of Deutsche Börse AG (Freiverkehr of the Frankfurt Stock Exchange) on 3 July 2023.

Key data of the secured Green Bond 2023/2028

Important note:
This publication is neither an offer to sell nor a solicitation of an offer to buy securities. The securities which are the subject of this publication are offered by the issuer exclusively in the Republic of Austria, the Federal Republic of Germany and the Grand Duchy of Luxembourg by way of a public offer. Outside the Republic of Austria, the Federal Republic of Germany and the Grand Duchy of Luxembourg, an offer will be made exclusively in the form of a private placement in accordance with the applicable exemption provisions.

In particular, the securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from the registration requirements.

This publication does not constitute a securities prospectus. The investment decision of interested investors with respect to the securities referred to in this publication should be made solely on the basis of the securities prospectus prepared by the issuer in connection with the public offer of these securities, including the terms and conditions of the bond, which is available for download on the issuer’s website at www.austriaenergy.com/en/greenbonds/.

Contact:
Frank Ostermair, Linh Chung
Better Orange IR & HV AG
089/8896906-25
linh.chung@better-orange.de