Alerion CleanPower (IT:ARN) has released an update.
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Alerion Clean Power plans to issue a Green Bond valued at €200 million, with the potential to increase by an additional €100 million, to refinance existing bonds and fund new projects under their Green Bond Framework. The bond will have a fixed interest rate of 4.75% and will be listed on Borsa Italiana’s Electronic Bond Market. This move aims to strengthen Alerion’s financial position while supporting sustainable investments.
For further insights into IT:ARN stock, check out TipRanks’ Stock Analysis page.