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Investor Relations

Greencells GmbH is part of the Greencells Group, one of the major European providers of utility-scale solar power plants. With a proven track record of more than 2.2 GWp deployed in over 25 countries, Greencells Group is one of the most experienced players in the industry and a trusted partner both in Project Development (Greencells Group Holdings) and for EPC services (Greencells GmbH).

Key data of the Green Bond 2020/2025

 

Issuer Greencells GmbH
Financial Instrument Green Bond (classified by imug/SPO)
Volume Up to EUR 25 million
Placed volume EUR 25 million
ISIN/WKN DE000A289YQ5/A289YQ
Coupon 6.5% p.a.
Issue price 100%
Denomination EUR 1,000
Value date 9 December 2020
Term 5 years: 9 December 2020 to 9 December 2025 (inclusive)
Interest payment Semi-annually in arrears on 9 June and 9 December of each year (first time in 2021)
Redemption date 9 December 2025
Redemption price 100%
Status Unsubordinated, secured
Security
  • Pledge of shares in solar project companies with a net security value of EUR 34.5 million confirmed by an expert
  • Assignment of EPC proceeds with a contract value of at least EUR 10 millon

Besides, credit line of the sister company in favor of the issuer for up to EUR 33.125 million until 31 December 2025

Special termination rights of the Issuer
  • From 9 December 2023 at 102% of the nominal amount
  • From 9 December 2024 at 101% of the nominal amount
Termination rights of bondholders and covenants
  • Change of control
  • Cross default
  • Distribution limitation
  • Transparency obligation
  • Security-related covenants
Trustee Schultze & Braun Vermögensverwaltungs- und Treuhandgesellschaft mbH
Applicable law German law
Prospectus
  • Securities prospectus approved by the Commission de Surveillance du Secteur (“CSSF”) in Luxembourg with notification to the Federal Financial Supervisory Authority (“BaFin”) in Germany and the Austrian Financial Market Authority (“FMA”)
  • The approval of the prospectus shall not be construed as an endorsement of the securities offered.
Stock exchange segment Quotation Board, Open Market Segment of the Frankfurt Stock Exchange
Financial advisor DICAMA AG
Bookrunner ICF BANK AG
9  June 2021: Interest payment for the Green Bond 2020/2025
29 June 2021: Consolidated financial statements 2020
October 2021: Interim consolidated financial statements 2021
9 December 2021: Interest payment for the Green Bond 2020/2025

 

Greencells GmbH
Alexandra Roger-Machart
0681/992669-0

[email protected]

 

Better Orange IR & HV AG
Frank Ostermair, Linh Chung
089/8896906-25
[email protected]