A geothermal energy technology company has issued its first green bond worth SEK500 million (£40m).
The proceeds from the bond will be used to invest in and develop geothermal projects in specific markets globally.
Alexander Helling, CEO of Baseload Capital said: “The response, interest in and support from investors for what we are doing has been extremely positive. It is clear that the investors who have chosen to participate in our bond want to play an active role in changing the energy landscape from brown to green.”
Other stakeholders in Baseload Capital include Blue, Gullspång Invest and LMK.