Strong investor interest as Ellevio issued new green bond
Press releases
Ellevio AB (publ) has issued another green bond under its EMTN programme. This time, EUR 500 million (approximately SEK 5.5 billion) was offered to investors. Interest was strong, with participation from many of Europe’s leading institutional bond investors.
Proceeds from the bond will be used to finance or refinance projects that contribute to the EU’s climate goals, in line with Ellevio’s Green Financing Framework from May 2023. The framework is aligned with the EU Taxonomy and has been reviewed by the research institute ISS ESG.
Ellevio’s electricity distribution operations are a key enabler of the transition to electrification. The company has a clear sustainability profile, a stable business model, and a solid financial position.
– We are pleased with the strong interest from many of Europe’s leading bond investors. This provides a solid foundation going forward. Ellevio plans to return to the market at regular intervals in the coming years to secure financing for the necessary expansion and modernisation of Sweden’s energy system, says Jan Seveborg, Head of Treasury at Ellevio.
The bond carries a fixed annual coupon of 3.75 percent and matures on 14 May 2035. It is listed on the Irish Stock Exchange, Euronext Dublin.
Joint bookrunners on the bond issue were BNP Paribas, Danske Bank, Crédit Agricole CIB and Nordea.
A complete list of Ellevio’s public bonds is available on the company’s website.
Financial calendar
- Green Bond Investor Report: 20 May 2025
- Half-Year Report 2025: 27 August 2025
- Year-End Report 2025: 19 February 2026
For more information, please contact:
Jan Seveborg, Head of Treasury
Firstname.lastname@ellevio.se
+46 70 344 51 63
Sarah Östberg, Head of Financial and Sustainability Communications
Firstname.lastname@ellevio.se
+46 70 971 12 40
About Ellevio
As one of Sweden’s leading electricity network 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).
Updated: 12 May 2025