Faro Energy plots second sustainable bond sale

Faro Energy plots second sustainable bond sale

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Project & Infrastructure Finance Energy Renewable Solar Brazil

UK-based solar developer Faro Energy plans to issue a second sustainable bond for up to BRL150 million ($34.4 million), two weeks after it sold the first ever notes of its kind in Brazil, sources told LatinFinance.Faro is in the early stages of structuring its next sustainable bond sale, looking to raise between BRL120 million and BRL150 million to finance investments in 25 distributed generation projects in Brazil, one source said. Sustainable bonds are similar to green bonds, but allocate part

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