Green Bond Fact Sheet

This fact sheet details a EUR 5.4 million project bond issued by Solis S.r.l. on June 13, 2018, to refinance a biomass combined heat and power (CHP) project in Italy.

• Solis S.r.l. issued a project bond on June 13, 2018, for EUR 5.4 million (USD 6.3 million) with a maturity date of June 30, 2036, and a tenor of 18 years. The bond was arranged and subscribed by Foresight Group LLP.
• The bond proceeds are used to refinance a biomass combined heat and power (CHP) project in the Municipality of Settimo Torinese, Piedmont, Italy, which utilizes virgin wood biomass to produce 22 MWh of electricity and 85 MWh of thermal power daily. Solis S.r.l. is the first Italian green bond issuer to dedicate proceeds solely to a biomass-related project.
• The Climate Bonds Initiative notes that while the bond was not labeled as green in its prospectus, the CEO of Elaris Holdings (the parent company of Solis S.r.l.'s manager, Riesco) identified it as a green bond in an official press release.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-06%20IT%20Solis%20.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-06%20IT%20Solis%20.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=19 November 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-06%20IT%20Solis%20.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = nov, url = {https://www.climatebonds.net/files/drupal-files/files/2018-06%20IT%20Solis%20.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }