Edisun Power Europe AG

Edisun Power bond issue attracts strong interest with CHF 25 million

Edisun Power Europe AG / Key word(s): Bond Edisun Power Europe AG: Edisun Power bond issue attracts strong interest with CHF 25 million 20-Nov-2023 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. Ad hoc announcement pursuant to Art. 53 LR

Zurich, November 20, 2023

 

Edisun Power bond issue attracts strong interest with CHF 25 million

The CHF 20 million bond with a five-year term (November 1, 2023 – October 31, 2028) and a 3.25% interest rate issued on August 22, 2023 has met with extremely great interest.

The bond has been considerably oversubscribed with a total of CHF 25.31 million. The Board of Directors has decided to exercise the option in the issue prospectus and increase the size of the bond by CHF 5.31 million.

Alongside the financial support, the company has detected a strong desire among investors for a rapid expansion of solar power production and a climate-neutral energy supply. This serves as encouragement for Edisun Power to advance even faster along the course embarked upon. The company was now able to start building three large solar systems in Portugal (186MWp).

 

For more information

Dr. René Cotting, CFO (mandated), [phone], [e-mail]

 

Edisun Power Group

A listed European solar energy producer, the Edisun Power Group finances and operates solar power installations in a number of European countries. Edisun Power began its involvement in this sector as far back as 1997. The company has been listed on the Swiss Stock Exchange since September 2008. Edisun Power has amassed extensive experience in the realization and acquisition of both national and international projects. Currently, the company owns a total of 36 solar energy installations in Switzerland, Germany, Spain, France, Italy and Portugal. The company is geared for significant growth with a secured portfolio of projects under development of more than 900 MW.

Edisun Power Europe Ltd., Universitätstrasse 51, 8006 Zurich

[phone], www.edisunpower.com

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End of Inside Information

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Language:	English
Company:	Edisun Power Europe AG
	Universitätstrasse 51
	8006 Zürich
	Switzerland
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.edisunpower.com
ISIN:	CH0024736404
Valor:	2473640
Listed:	SIX Swiss Exchange
EQS News ID:	1776655

End of Announcement	EQS News Service

1776655  20-Nov-2023 CET/CEST