Ellevio publishes its annual investor report on green financing

The Report confirms that all proceeds from Ellevio’s green bonds issued up to and including April 2025 have been fully allocated to investments that support the transition to a fossil-free energy system. The company has issued green bonds totaling SEK 17.6 billion since the first Green Financing Framework was introduced in 2020.

Electricity networks are fundamental infrastructure in all modern societies and play a crucial role in the transition to a fossil-free future. As a result, 100 percent of Ellevio AB’s revenue in 2024 is aligned with the EU Taxonomy.

– Over the past year, we have, among other things, strengthened electricity network capacity in Stockholm, connected 347 MW of new wind power, and completed our largest fully electrified construction project to date. We have also seen continued strong interest in our green bonds, which shows there is a good understanding of that we, as a Swedish electricity network company, contribute to the climate transition, says Jan Seveborg, Head of Treasury at Ellevio.

The report has been reviewed by an independent auditor.

About Ellevio’s Green Finance Framework

The Ellevio Green Finance Framework was published in May 2023. The framework aims to promote the financing of investments that contribute to achieving the Paris Agreement and the UN Sustainable Development Goals. It is adapted to the EU taxonomy and has been reviewed by the analysis institute ISS ESG.

Related links

List of the company’s outstanding public bonds can be found on this web page

Ellevio’s archive for financial Reports and Documents.

Press release 12 May 2025: Ellevio issues an additional green bond

For more information, please contact:

Sarah Östberg, Head of Financial and Sustainability Communication
+46 709 71 12 40, firstname.surname@ellevio.se

About Ellevio

As one of Sweden’s leading energy companies, Ellevio plays a central role in the journey toward an electrified, fossil-free society. We offer electricity distribution and energy solutions to private and business customers. Our electricity networks span from coast to coast across central Sweden, ensuring reliable and stable electricity supply. Through extensive investments in the energy system, we support the industry and transport sectors in their transition and contribute to the development of a sustainable future. Ellevio serves almost one million customers, employs over 800 people and provides work for more than 4,000 in total. The company is owned by pension fund managers AMF, Folksam, OMERS Infrastructure, and the Third Swedish National Pension Fund (AP3). Visit our website: ellevio.se/en