Akuo raises further green Euro PPs

Green Digital
By Silas Brown
25 Nov 2019

Akuo Energy, a French renewable energy producer, has sold €45m of green Euro Private Placements (Euro PP), as the sustainable element in the market grows.

Octo arranged the six year deal for Akuo. Unlike the US PP market, which has shown little interest in sustainable financing, there have been marked moves towards it in the Euro PP market. The market has hosted green Euro PP issues already, notably from Compagnie de Phalsbourg, Foncière ...

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