Eolus Vind Secures SEK 550 Million in Green Bonds for Refinancing

Eolus Vind AB Class B ( ($SE:EOLU.B) ) has issued an update.

Eolus Vind Aktiebolag has successfully issued green senior secured bonds totaling SEK 550 million, with a 4-year term and a floating interest rate. The proceeds will be used under Eolus’ green framework, and the bonds are expected to be listed on Nasdaq Stockholm’s sustainable bond list. This bond issuance, along with additional financial facilities, secures the refinancing of Eolus’ existing debt, supporting its ongoing renewable energy projects.

The most recent analyst rating on ($SE:EOLU.B) stock is a Sell with a SEK32.00 price target. To see the full list of analyst forecasts on Eolus Vind AB Class B stock, see the SE:EOLU.B Stock Forecast page.

More about Eolus Vind AB Class B

Eolus is a leading developer of innovative and customized renewable energy solutions, offering sustainable investments in the Nordics, Baltics, Poland, and the USA. The company is involved in the entire value chain from development to operation of renewable energy assets, with a project portfolio exceeding 25 GW in wind, solar, and energy storage projects.

Average Trading Volume: 45,988

Current Market Cap: SEK1.26B

Learn more about EOLU.B stock on TipRanks’ Stock Analysis page.