The bond of the Austrian alternative energy specialist contains a total volume of 30 million euros. The major part of the bond has already been signed by institutional and private investors during the subscription period. The remaining amount can currently still be bought at the Munich Stock Exchange.
The proceeds of the bond can be distributed to new projects at short notice, as well as developing the existing pipeline. A part of the bond will be used for the start of construction of CCE projects. For the bond with a duration of 1,5 years, investors receive an interest rate of 10% p.a. The respective period end date is on June 20th 2022, at this time the bond will be redeemed at par. The minimum investment value for the CCE Group bond is set at 100.000 euros for investors.
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At this moment the alternative energy specialist owns a considerable pipeline of more than 1,5 gigawatts in solar project rights in several countries. A vast majority of these projects is in their final development phase or is currently ready for construction. Within the next year CCE intends to construct part of the projects within the company in cooperation with institutional investors. Therefore, a new structure is implemented. Hence, the expansion of the company will be secured benefitting from its profound knowledge and many years of experience. Shareholders have already announced their personal commitments for future developments. An investment in the upper three-digit million euro range is scheduled in the next two to three years. (mfo)
