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Edisun Power’s Bond Oversubscribed, Boosting Renewable Projects

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Edisun Power’s Bond Oversubscribed, Boosting Renewable Projects

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The latest announcement is out from Edisun Power Europe AG ( (CH:ESUN) ).

Edisun Power Europe AG’s recent bond issuance, initially set at CHF 10 million, was significantly oversubscribed, reaching CHF 16.2 million. The company has decided to increase the bond by CHF 6.2 million to finance the development of renewable projects for data centers and for refinancing purposes, indicating strong investor confidence and supporting its strategic growth initiatives.

More about Edisun Power Europe AG

Edisun Power Group is a European solar power producer that finances and operates solar power plants across various countries in Europe. Established in 1997 and listed on the Swiss stock exchange since 2008, the company has a significant presence with 34 solar power plants in Switzerland, Germany, Spain, France, Italy, and Portugal. With a project portfolio of around 1 GW, Edisun Power is poised for growth, particularly through its ‘Renewables to AI’ strategy.

Average Trading Volume: 374

Current Market Cap: CHF60.79M

Find detailed analytics on ESUN stock on TipRanks’ Stock Analysis page.

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