GREENYELLOW ISSUES A BOND FINANCING OF MORE THAN 14 MILLION EUROS TO SUPPORT DECENTRALIZED ENERGY PRODUCTION IN BRAZIL
GreenYellow, international leader in decentralized energy transition, has issued a new bond financing of 85 million BRL (over €14 million) in Brazil. This issuance aims to finance solar energy production projects and aligns with the recent evolution of Brazilian regulations.
GreenYellow is among the first players to take advantage of Law 14801, adopted in March 2024, which opens new financing opportunities for decentralized renewable energy production companies. This initiative highlights GreenYellow's ability to anticipate and quickly adapt to legislative changes, reinforcing its commitment to a sustainable energy transition.
A long-term vision for the development of renewable energy in Brazil
The financing process, initiated in June 2024, was coordinated by the investment bank Itaú BBI. The fund disbursement took place in December 2024.
The issuance was carried out through a holding company that houses five plants located in the cities of Milagres (BA), Birigui (SP), Bilac (SP), Novo Ubiratã (MT), and Cajuru (SP). The funds will be used to refinance part of the investments already made in these assets. This operation benefits from a public AA- credit rating issued by Fitch Ratings, demonstrating the financial strength of the project.
With a 16-year tenor, these issued bonds ensure a long-term vision, supporting the development of decentralized energy production in Brazil.
A strategic project for GreenYellow in Brazil
Marcelo Xavier, General Manager of GreenYellow do Brasil, states: "With this bond issuance, GreenYellow do Brasil strengthens its position as an infrastructure asset operator, in line with the Group's positioning, and continues its commitment to accelerating the country's energy transition. This BRL 85 million financing allows us not only to support decentralized energy production but also to demonstrate our ability to anticipate and adapt to regulatory changes, such as those introduced by Law 14801."
ABOUT GREENYELLOW
GreenYellow, a French company founded in 2007, has become in 18 years a major player in the energy transition in France and abroad and a true partner of companies and communities.
As an expert in decentralized solar photovoltaic production, energy efficiency programs, energy storage, and electric mobility, GreenYellow supports its clients throughout the value chain. The company is responsible for the development, funding, and operation of infrastructure projects, enabling them to produce local and competitive green power, reduce their energy consumption and fast-track their decarbonization.
The set of projects carried out within GreenYellow in 2023 have enabled our clients to avoid the emission of 427,000 tonnes of CO2 equivalent. The group also aims to achieve the "Net Zero" carbon neutrality goal for scopes 1 and 2 by 2040.
Operating in 15 countries on 4 continents, GreenYellow is constantly innovating to meet today’s climate challenges and expand its platform with unique and global offers. www.greenyellow.com
Contact
PRESS CONTACT for GreenYellow
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