Ellevio AB (publ) publishes investor report for its green bond
Ellevio AB (publ) has today published its annual investor report regarding the company's green bonds.
In June 2020, Ellevio issued its first green bond totaling SEK 1,650 million. The large interest led to that Ellevio increased the bond by SEK 350 million in August of the same year. The projects financed by the green bonds are the roll-out of the next generation of smart electricity meters and connections of more renewable electricity to the electricity grid.
- The electricity networks play a crucial role for society to meet the energy transition and climate goals, and there is great interest among investors to be part of the journey forward, says Jan Seveborg, Head of Treasury at Ellevio.
Ellevio's green bond framework was launched in 2019. The purpose is to offer the capital market opportunities to invest in projects that support the transition to an emission-neutral and climate-smart energy system. Projects that may be eligible for funding are those that contribute to the UN's goals for sustainable development. The framework has been reviewed by the independent climate and environmental research institute CICERO and has received the highest rating, "Dark Green".
Sarah Östberg, Head of Financial and Sustainability Communication
+46 709 71 12 40, email@example.com
With close to one million customers, Ellevio is one of Sweden's largest electricity network companies. We take an active role in the journey towards a fossil-free society. Our electricity networks are the backbone that connects producers and consumers of electricity, which enables more renewable electricity production, electrification of transport and industry and which creates conditions for new climate-smart services for our customers.
We have almost 600 employees and employ a total of 3,000 people around the country. We are owned by the pension managers Folksam, Första AP-fonden, Tredje AP-fonden and OMERS Infrastructure.