{
"id": 7541,
"title": "Grupo T-Solar: Best Green Energy Bond Issuer Europe 2020",
"slug": "grupo-t-solar-best-green-energy-bond-issuer-europe-2020",
"url": "https://cfi.co/awards/europe/2020/grupo-t-solar-best-green-energy-bond-issuer-europe-2020/",
"author": "CFI.co Editorial",
"published": "2020-10-05 07:30:39",
"published_gmt": "2020-10-05 06:30:39",
"modified_gmt": "2021-04-14 16:47:51",
"categories": [
"Europe",
"Industries"
],
"classification": {
"content_class": "award_rationale",
"editorial_lens": "constructive_positive_lens",
"independence_status": "independent_editorial",
"sponsor_disclosure": "none",
"sponsor_name": "",
"article_status": "published",
"historical_status": "current_at_publication",
"correction_status": "none",
"archive_policy": "no_delete",
"provenance_layer": "github_versioned",
"wayback_status": "archived",
"wayback_first_snapshot": "20201025000142",
"wayback_snapshot_url": "http://web.archive.org/web/20201025000142/https://cfi.co/awards/europe/2020/grupo-t-solar-best-green-energy-bond-issuer-europe-2020/",
"license": "CFI-OAAL-1.0"
},
"excerpt": "",
"content_html": "[caption id=\"attachment_8237\" align=\"aligncenter\" width=\"900\"]
Grupo T-Solar[/caption]\r\n
The sun bathes the planet with an abundance of affordable energy — and Grupo T-Solar harnesses that power at every step of the renewable energy value chain. The group was established in Spain over a decade ago and has developed a repertoire of skills that spans the spectrum of renewables expertise. Grupo T-Solar influences the renewables market as a power producer, and as an asset manager. In addition to the development, management and operation of energy projects, Grupo T-Solar is leading the charge for green financing. The group started 2020 by announcing the completion of one of the market’s larger financings: €34m and €234.1m in senior secured class A1 and A2 bonds, respectively, plus a 10-year loan of €299.7m. The transaction refinances 23 solar projects across Spain, totalling 127 megawatts (MW) of power potential. It also earned top marks — a resounding E1/80 — in Standard and Poor’s Green Evaluation, which analyses transparency, governance and mitigation of environmental impacts. Grupo T-Solar issued its first bond in 2017, totalling €118.3m, and refinancing 11 solar powerplants with a combined capacity of 34.2MW. The group operates more than 50 plants in Spain, Italy, Peru and India — and those operations stopped the emission of 216,000 tons of CO2 last year. The CFI.co judging panel notes that Grupo T-Solar has set its sights on the long term to create a sustainable business plan that enables investors to cut their carbon footprint — and reap healthy returns. The judges declare Grupo T-Solar as the winner of the 2020 award for Best Green Energy Bond Issuer (Europe).
", "content_text": "[caption id=\"attachment_8237\" align=\"aligncenter\" width=\"900\"] Grupo T-Solar[/caption]\nThe sun bathes the planet with an abundance of affordable energy — and Grupo T-Solar harnesses that power at every step of the renewable energy value chain. The group was established in Spain over a decade ago and has developed a repertoire of skills that spans the spectrum of renewables expertise. Grupo T-Solar influences the renewables market as a power producer, and as an asset manager. In addition to the development, management and operation of energy projects, Grupo T-Solar is leading the charge for green financing. The group started 2020 by announcing the completion of one of the market’s larger financings: €34m and €234.1m in senior secured class A1 and A2 bonds, respectively, plus a 10-year loan of €299.7m. The transaction refinances 23 solar projects across Spain, totalling 127 megawatts (MW) of power potential. It also earned top marks — a resounding E1/80 — in Standard and Poor’s Green Evaluation, which analyses transparency, governance and mitigation of environmental impacts. Grupo T-Solar issued its first bond in 2017, totalling €118.3m, and refinancing 11 solar powerplants with a combined capacity of 34.2MW. The group operates more than 50 plants in Spain, Italy, Peru and India — and those operations stopped the emission of 216,000 tons of CO2 last year. The CFI.co judging panel notes that Grupo T-Solar has set its sights on the long term to create a sustainable business plan that enables investors to cut their carbon footprint — and reap healthy returns. The judges declare Grupo T-Solar as the winner of the 2020 award for Best Green Energy Bond Issuer (Europe).", "content_sha256": "de1cec4c2a2295c0afa87adb3ff32f61315677a2899afb7ea2e6314c759a9f53", "record_sha256": "29cd94b2cba65fee7d1bd66f46be2173fdb4d9274ec678aaa20e6aca0d5f40b2" }