The Photon Energy Group is a provider of solar energy and clean water services. With the issuance of green bonds, the Amsterdam-based group aims to (re-)finance solar power projects for clean energy.
In our Second Party Opinion we confirm that the Green Financing Framework is in line with the Green Bond Principles and that the financed projects from the renewable energy category make a positive contribution to one UN Sustainable Development Goal (SDG).
With the issuance of the green bonds, the Photon Energy Group commits to use the funds exclusively for the (re-)financing of projects in the field of solar energy.
In our Second Party Opinion we confirm that the Green Financing Framework for Photon Energy’s green bonds is in line with the Green Bond Principles (June 2021) of the International Capital Market Association (ICMA) and that the financed projects make a positive contribution to SDG 7 “Affordable and Clean Energy”. In addition, we conducted the ESG risk management performance of the issuer, its sustainability strategy and a review of controversial business areas and controversies.
The Photon Energy Group, headquartered in Amsterdam with offices in Australia and Europe, provides solar energy and clean water services. Since its foundation in 2008, the group has built and commissioned solar power plants with a total capacity of more than 110 MWp. The company develops projects with a capacity of approximately 600 MWp in Australia, Hungary, Poland and Romania and provides operation and maintenance services for more than 300 MWp worldwide.
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!