The net proceeds of the Axpo Green Bond in the amount of CHF 133 million will be used to finance projects in the photovoltaic and wind energy sectors. Axpo is thus strengthening its position as the largest Swiss producer of renewable energies and expanding its circle of investors.
The structure of the Axpo Green Bond is set out in the Axpo Green Bond Framework, which is based on the Green Bond Principles of the International Capital Market Association (ICMA).
The quality of Axpo's Green Bond issue in terms of its ecologically sustainable contribution and compliance with the ICMA Green Bond Principles within the Axpo Green Bond Framework were assessed by ISS ESG in a Second Party Opinion.
Axpo has received an ESG rating of "C+" from ISS Oekom. This means that Axpo is among the top 20 percent of the companies investigated in the relevant sector.