28. April 2022

Green bond for energy-efficient buildings

CLIENT

ACTAQUA

SERVICES

Assessment of the Green Bond Framework in accordance with the Green Bond Principles

PROJECT COMPLETION

April 2022

Challenge

ACTAQUA is a specialist for smart buildings. With the issuance of its green bond, the Mannheim-based company aims to finance the assurance of drinking water hygiene and the expansion of digital building technology, which reduces energy consumption and CO2 emissions.

Solution

In our Second Party Opinion, we confirm that the Green Bond Framework is in line with the Green Bond Principles and that the financed projects from the energy efficiency category make a positive contribution to two UN Sustainable Development Goals (SDGs).

About the project

ACTAQUA’s privately placed, five-year green bond finances the environmentally efficient maintenance of drinking water systems through the installation of PAUL digital building technology with up to 20 million EUR.

In our Second Party Opinion we confirm that the Green Bond Framework is in line with the International Capital Market Association (ICMA) Green Bond Principles (June 2021). The financed projects from the category energy efficiency contribute positively to SDG 7 “Affordable and Clean Energy” and SDG 9 “Industry, Innovation and Infrastructure”. In addition, we conducted the ESG risk management performance of the issuer, its sustainability strategy and a review of controversial business areas and controversies.

With its PAUL system, ACTAQUA, based in Mannheim, focuses on innovative processes, digitalisation and networking in building technology. The start-up has specialised in water-carrying systems in buildings in particular.

The intelligent control system PAUL (Permanent Analytic Use Log) is a platform developed by Actaqua that digitalises heating and drinking water systems with the help of big data and artificial intelligence, saving costs and creating transparency about consumption.

Are you a pure player and would like to issue a green bond? Pure players are characterised by their sustainable business model and can therefore let their green or social projects be financed credibly. We are looking forward to supporting you!

Your personal contact

Daria Ezhkova and her team

Further information