Green Bond Fact Sheet
Summary
This fact sheet details a BRL40m (USD11m) green bond issued by Athon Energia S.A. on July 19, 2019, to finance six solar PV distributed generation projects in Brazil.
Key insights
- Athon Energia S.A. issued a private placement green bond on July 19, 2019, with a total amount of BRL40m (approximately USD11m) and a maturity date of July 19, 2029.
- The bond proceeds are designated for six solar PV projects within the distributed energy generation category (between 75kW and 5MW) across five Brazilian states. As of the report date, one project was operational and five were expected to be finished by April 2020.
- Athon Energia is a solar energy firm specializing in the planning, construction, and operation of small-scale distributed solar PV plants, targeting clients with monthly energy consumption of at least 150MWh or expenditures over BRL120k (USD29k). The company aims to reach a portfolio of at least 100MW within three years.
- The issuer committed to providing regular reports on its website regarding the allocation of proceeds and environmental impacts, specifically GHG emissions avoided in tCO2e and renewable energy generation in GWh. Monthly updates including financial ratios and utilisation rates will also be provided to bondholders.
- This transaction represents the first private placement deal from Brazil since September 2017.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-07%20BR%20Athon%20Energia.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-07%20BR%20Athon%20Energia.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=29 August 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-07%20BR%20Athon%20Energia.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = aug, url = {https://www.climatebonds.net/files/drupal-files/files/2019-07%20BR%20Athon%20Energia.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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