Romande Energie Holding has made its first green bond issuance for a total amount of CHF 100 million. The bonds are listed on the SIX Swiss Exchange with a maturity in 2037. The issuance was made according to the Green Bond Principles published by the International Capital Market Association.
The proceeds of the bond issue are to be applied according to the Green Finance. This funding will support the Group’s ambitious renewable energy investment strategy announced in September 2021. In this sense, the loan will enable Romande Energie Holding to cover its long-term investment needs and to continue its development in the production of 100% renewable energy in the fields of hydroelectricity, solar energy, wind power, geothermal energy, distance heating and other future environmental projects.
Bär & Karrer has acted as legal advisor to Romande Energie Holding in this transaction. The team included partner Frédéric Bétrisey (pictured, banking) and Caroline Sauthier (associate, banking) as well as Christoph Suter (tax).