Connection

popular articles

European Natural Gas in 2026: Summer Tensions Despite Growing Global Supply
Nigerian oil giant NNPC prepares imminent stock market debut
South Africa: Complex Energy Transition after Komati’s Closure
NRG-Pallas Selected to Test Fuel for Kairos Power’s Modular Reactor
Japan Restarts Nuclear Reactor Near Fukushima Amid Safety Concerns

Eolus raises SEK550mn in green bonds to refinance its debt

Swedish wind developer Eolus has issued senior secured green bonds worth SEK550mn ($51.5mn), enabling the full refinancing of its existing debt.
  • [favorite_button]

Please share:

Eolus Vind Aktiebolag (publ) has completed the issuance of senior secured green bonds in the amount of SEK550mn ($51.5mn), with a four-year maturity and a floating interest rate of three-month STIBOR (Stockholm Interbank Offered Rate) plus 750 basis points. This transaction, structured under Eolus’ green framework established in March 2025, represents a significant step in the company’s financing strategy.

Listing planned on Nasdaq Stockholm

Eolus intends to apply for listing of the bonds on Nasdaq Stockholm’s sustainable bond list. Proceeds from the issue will be exclusively allocated to projects that comply with the criteria of its green framework, though no specific financial details related to the projects have been disclosed at this stage.

The company stated that the transaction completes the full refinancing of its existing debt. The refinancing strategy includes the bond issuance as well as several additional debt instruments.

Combination of instruments to secure refinancing

In addition to the green bonds, Eolus has secured a bridge facility, a super senior revolving credit facility, and a binding commitment for construction financing. No further details have been provided regarding the amounts or terms of these facilities.

The transaction was coordinated by DNB Carnegie, acting as sole bookrunner and green structuring adviser. Legal counsel to Eolus was provided by Mannheimer Swartling Advokatbyrå AB, while DNB Carnegie was advised by law firm Cederquist KB.

This transaction reflects a broader trend among renewable energy developers in Northern Europe to diversify financing sources, within a bond market that remains active despite short-term interest rate pressures.

Register free of charge for uninterrupted access.

Publicite

Latest news

NexGen Announces Record Uranium Discovery at Patterson Corridor East
OCI Energy, CPS Energy and LG Vertech unite for 120 MW storage project in Texas
Nano Nuclear raises $105mn in private placement to strengthen cash position
The European Union seals strategic energy agreement with OLADE
Chevron receives narrow U.S. authorization to retain its Venezuelan assets

Recently published in

ENERTRAG commissions six ENERCON E138 turbines in northern Germany

The Mattheshöhe wind farm, composed of six turbines with a unit capacity of 4.26 MW, has entered operation under ENERTRAG’s management in the Uckermark region.
VALOREM deploys 27 MW wind farm in Greece and plans 515 MW of new projects
French group VALOREM has inaugurated a 27 MW wind farm in Kozani and plans 515 MW of additional projects in Greece, reinforcing its investment strategy in the local market.
en_1140290960540-13
VALOREM deploys 27 MW wind farm in Greece and plans 515 MW of new projects
French group VALOREM has inaugurated a 27 MW wind farm in Kozani and plans 515 MW of additional projects in Greece, reinforcing its investment strategy in the local market.
en_1140290960540-13
Enel acquires 285 MW of wind capacity in the US through asset swap
Enel Green Power North America will increase its consolidated renewable capacity in the US through a wind asset swap agreement with Gulf Pacific Power, for a net consideration of $50mn.
en_1140290946540-13
Enel acquires 285 MW of wind capacity in the US through asset swap
Enel Green Power North America will increase its consolidated renewable capacity in the US through a wind asset swap agreement with Gulf Pacific Power, for a net consideration of $50mn.
en_1140290946540-13
CETY signs $85mn acquisition offer in wind and solar sectors in Europe
Clean Energy Technologies announces a non-binding agreement with a European renewable energy developer, supported by a $4.4mn capital raise for a transaction estimated at $85mn.
en_1140290944540-13
CETY signs $85mn acquisition offer in wind and solar sectors in Europe
Clean Energy Technologies announces a non-binding agreement with a European renewable energy developer, supported by a $4.4mn capital raise for a transaction estimated at $85mn.
en_1140290944540-13

Dogger Bank C HVDC offshore platform installed, completing all three substations

Dogger Bank Wind Farm has completed the installation of its third offshore HVDC converter platform, marking a major step in the development of the world’s largest offshore wind farm under construction.
Ørsted completes installation of 24 foundations at Greater Changhua 2b wind farm
Danish company Ørsted completed ahead of schedule the installation of 24 subsea foundations off Taiwan’s coast for its offshore wind farm Greater Changhua 2b, using a non-piling technology.
en_1140290957540-13
Ørsted completes installation of 24 foundations at Greater Changhua 2b wind farm
Danish company Ørsted completed ahead of schedule the installation of 24 subsea foundations off Taiwan’s coast for its offshore wind farm Greater Changhua 2b, using a non-piling technology.
en_1140290957540-13
Japan: New Measures to Revive Offshore Wind Following Costly Delays
Facing rising costs and industry hesitation, Tokyo is considering major regulatory adjustments to boost its ambitious offshore wind program, crucial for the country’s energy diversification.
en_1140290958540-13
Japan: New Measures to Revive Offshore Wind Following Costly Delays
Facing rising costs and industry hesitation, Tokyo is considering major regulatory adjustments to boost its ambitious offshore wind program, crucial for the country’s energy diversification.
en_1140290958540-13
Galileo and Hope secure environmental approval for 1.1-GW floating wind project in the Adriatic Sea
Italy's Ministry of the Environment has approved the environmental impact assessment for the Barium Bay project, clearing the way for its participation in a 3.8-GW offshore tender.
en_1140290977540-4
Galileo and Hope secure environmental approval for 1.1-GW floating wind project in the Adriatic Sea
Italy's Ministry of the Environment has approved the environmental impact assessment for the Barium Bay project, clearing the way for its participation in a 3.8-GW offshore tender.
en_1140290977540-4

VALOREM launches citizen fundraising for €300mn wind farm in Finland

French group VALOREM is launching a crowdlending campaign in Finland to finance early-stage development of a large-scale wind project in the municipality of Kiuruvesi.
Trump authorises resumption of Empire Wind offshore project near New York
After being suspended in April, the Trump administration lifted the freeze on Equinor’s offshore Empire Wind project, reviving a $2.5bn construction site expected to power 500,000 homes.
en_1140290956540-10
Trump authorises resumption of Empire Wind offshore project near New York
After being suspended in April, the Trump administration lifted the freeze on Equinor’s offshore Empire Wind project, reviving a $2.5bn construction site expected to power 500,000 homes.
en_1140290956540-10
First test of ENERCON’s E-175 EP5 E2 turbine in Germany
ENERCON’s E-175 EP5 E2 prototype fed electricity into the grid for the first time this week. The model is positioned as the new flagship in the German manufacturer’s onshore turbine range.
en_1140290966540-2
First test of ENERCON’s E-175 EP5 E2 turbine in Germany
ENERCON’s E-175 EP5 E2 prototype fed electricity into the grid for the first time this week. The model is positioned as the new flagship in the German manufacturer’s onshore turbine range.
en_1140290966540-2
Norway to award up to 500 MW of floating wind with direct subsidies
Norway has launched a floating wind tender at Utsira Nord, including a subsidy cap of NOK35bn ($3.37bn) despite economic pressures hampering the sector.
en_1140290980540-3
Norway to award up to 500 MW of floating wind with direct subsidies
Norway has launched a floating wind tender at Utsira Nord, including a subsidy cap of NOK35bn ($3.37bn) despite economic pressures hampering the sector.
en_1140290980540-3

$960mn in funding secured for Des Neiges wind project in Québec

BVH1 s.e.n.c., a partnership between Boralex, Énergir and Hydro-Québec, has secured funding for a 400 MW wind project under construction on private land in the Seigneurie de Beaupré.
ENGIE signs preliminary deal to power data centre in Texas
ENGIE North America plans to supply up to 300 MW of electricity to Cipher Mining for a Texas-based data centre through a local wind facility.
en_1140290943540-8
ENGIE signs preliminary deal to power data centre in Texas
ENGIE North America plans to supply up to 300 MW of electricity to Cipher Mining for a Texas-based data centre through a local wind facility.
en_1140290943540-8
Boralex Reports $41 Million Profit Despite Lower Energy Production
Boralex announces quarterly net earnings of CAD 41 million, marked by a 4% decrease in energy production, despite successfully commissioning its first wind farm in the United Kingdom.
en_1140290952540-8
Boralex Reports $41 Million Profit Despite Lower Energy Production
Boralex announces quarterly net earnings of CAD 41 million, marked by a 4% decrease in energy production, despite successfully commissioning its first wind farm in the United Kingdom.
en_1140290952540-8
Greencoat Renewables sells 116 MW Irish wind portfolio for €156mn
Greencoat Renewables sold five onshore wind farms in Ireland to HitecVision for €156mn, enabling the creation of a new joint energy platform focused on the growth of mid-life renewable assets.
en_1140290946540-7
Greencoat Renewables sells 116 MW Irish wind portfolio for €156mn
Greencoat Renewables sold five onshore wind farms in Ireland to HitecVision for €156mn, enabling the creation of a new joint energy platform focused on the growth of mid-life renewable assets.
en_1140290946540-7

Masdar signs agreement with Samruk-Kazyna for renewable energy projects in Kazakhstan

Masdar and Samruk-Kazyna are collaborating to develop renewable energy and storage projects in Kazakhstan, targeting 500 MW of baseload energy and up to 2 GW of storage capacity.
South Africa’s Ishwati Emoyeni wind project reaches financial close for 140MW
The Ishwati Emoyeni project, valued at ZAR4.9bn ($263mn), marks a first in South Africa with a power purchase agreement signed by licensed trader NOA Group and has now entered its construction phase.
en_1140290961540-4
South Africa’s Ishwati Emoyeni wind project reaches financial close for 140MW
The Ishwati Emoyeni project, valued at ZAR4.9bn ($263mn), marks a first in South Africa with a power purchase agreement signed by licensed trader NOA Group and has now entered its construction phase.
en_1140290961540-4
Eurus Energy begins construction of Hajang 5 wind farm at 1,080 metres altitude
Japanese group Eurus Energy has launched the construction of a 13.5 MW onshore wind farm in the Gangwon mountains, with commercial operations scheduled to start in November 2026.
en_1140290962540-3
Eurus Energy begins construction of Hajang 5 wind farm at 1,080 metres altitude
Japanese group Eurus Energy has launched the construction of a 13.5 MW onshore wind farm in the Gangwon mountains, with commercial operations scheduled to start in November 2026.
en_1140290962540-3
Ocean Winds launches final phase with first turbine installed at EMYN
Ocean Winds has installed the first turbine of the EMYN offshore wind farm, triggering the final phase of the project ahead of its commissioning at the end of 2025 and the creation of 85 permanent maintenance positions.
en_1140290958540-6
Ocean Winds launches final phase with first turbine installed at EMYN
Ocean Winds has installed the first turbine of the EMYN offshore wind farm, triggering the final phase of the project ahead of its commissioning at the end of 2025 and the creation of 85 permanent maintenance positions.
en_1140290958540-6

The United Kingdom approves regulatory extension of seven offshore wind farms

The Crown Estate receives ministerial approval to amend seabed rights for seven offshore wind farms, paving the way for an additional 4.7GW of offshore wind capacity.
ERG commissions 18 MW wind farm in northern France
Italian group ERG has completed an 18 MW wind farm in Pas-de-Calais, backed by a 20-year contract for difference and developed without external partners.
en_1140290948540-4
ERG commissions 18 MW wind farm in northern France
Italian group ERG has completed an 18 MW wind farm in Pas-de-Calais, backed by a 20-year contract for difference and developed without external partners.
en_1140290948540-4
The global wind turbine maintenance market to reach $59.67bn by 2030
Rising installations and the integration of predictive technologies are driving the wind turbine operations and maintenance market, projected to hit $59.67bn by 2030, according to MarketsandMarkets.
en_1140290949540-4
The global wind turbine maintenance market to reach $59.67bn by 2030
Rising installations and the integration of predictive technologies are driving the wind turbine operations and maintenance market, projected to hit $59.67bn by 2030, according to MarketsandMarkets.
en_1140290949540-4
Ørsted abandons Hornsea 4 in the United Kingdom due to excessive perceived risks
Danish group Ørsted halts development of its Hornsea 4 offshore wind project in the UK, citing financial and operational risks that no longer guarantee returns for shareholders.
en_1140290958540-3
Ørsted abandons Hornsea 4 in the United Kingdom due to excessive perceived risks
Danish group Ørsted halts development of its Hornsea 4 offshore wind project in the UK, citing financial and operational risks that no longer guarantee returns for shareholders.
en_1140290958540-3

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS