Home / Daily Briefs / 2023 / 7 / Genneia lines up new green bond

Genneia lines up new green bond

Genneia lines up new green bond

February 7, 2023 | Charles Newbery
Argentine power company seeks to raise up to $80 mln in the sale of four-year notes

Bonds Debt Fixed Income Capital Markets Green Bonds Solar Wind Electricity Wind Solar Argentina ESG Renewable Green Finance

Argentine power generation company Genneia said Monday that it will seek to raise up to $80 million in the sale of four-year green bonds in the local market on Wednesday to help finance the construction of two renewable energy power plants. The company will offer a minimum of $60 million of the US dollar-linked notes, which are bought and paid back in Argentine pesos at the official wholesale exchange rate, according to a securities filing. It will increase the amount of the sale based on demand

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