hep global GmbH
hep global GmbH: Milestone reached: PPA power purchase agreement close to conclusion
DGAP-News: hep global GmbH
/ Key word(s): Miscellaneous
Milestone reached: PPA power purchase agreement close to conclusion hep Peak Clean Energy – the specialist for large-scale projects in the USA hep Peak Clean Energy managed a project pipeline of more than 4,000 MWp at the time of the acquisition. This pipeline includes a number of “late-stage” projects, i.e. those in the final phase before reaching ready to build status. Four further projects with a total capacity of around 380 MWp, equivalent to expectable total revenue of around EUR 380 million based on market values and a market value assumption of EUR 1,000 per KWp, are expected to be ready to build by the beginning of 2023. The 6.5 % corporate bond strengthens hep’s success strategy The Green Bond 2021/2026 can still be subscribed until 12 May 2021 at 12 noon through the custodian bank via the subscription functionality “DirectPlace” of Deutsche Börse AG in the trading system XETRA. Around 75 percent of the proceeds from the issue are intended to finance the acquisition of future photovoltaic projects in the early stage and active development phase. Around 25 percent of the inflowing funds are planned for working capital for the development and expansion of the hep global Group. Driving the global energy transition with hep Solar parks developed by hep produced approximately 44,155 megawatt hours of solar power worldwide in 2020 alone. This avoided over 33.9 kilotons of CO2 emissions that would otherwise have been generated by fossil fuel power production. Trust, responsibility and transparency have always been at the core of hep’s actions. More about the Green Bond from hep: www.hep.global/green-bond
11.05.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | hep global GmbH |
Römerstraße 3 | |
74363 Güglingen | |
Germany | |
Phone: | +49 (0)7135 93446 – 0 |
E-mail: | info@hep.global |
Internet: | www.hep.global |
ISIN: | DE000A3H3JV5 |
WKN: | A3H3JV |
EQS News ID: | 1194867 |
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