Baseload Capital has issued a SEK denominated senior secured green bond under its green bond framework. The bond is the first one in Sweden focused on low temperature geothermal heat power.
The proceeds from the bond will be used to invest in and develop low temperature Heat Power plants in specific markets. Heat Power plants generate renewable electricity from heat 24/7.
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Baseload Capital is a project investment firm that provides capital to develop geothermal energy power plants using technology developed by its Swedish parent company, Climeon.
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From the Global Geothermal News archives:
- Monday, March 4, 2019 - Sweden: Billionaires Invest in Climeon Geothermal Heat Power Modules
- Friday, November 16, 2018 - Sweden: Geothermal Heat Power Investment Company to Announce Green Bond
- Wednesday, January 10, 2018 - Sweden: Geothermal Energy Firm Creates Project Financing Company