The Rock: secures €80m Green Bond Issue

Summary by AI ^BETAClose X

Aquila European Renewables plc announced a successful placement of EUR 80 million in senior secured green bonds by Øyfjellet Wind Investment AS, a Norwegian wind farm in which the company holds a 13.7% stake. These new bonds, maturing in five years with a floating interest rate of 3-month EURIBOR plus 4.25%, will be used to refinance existing EUR 80 million bonds due in September 2026 and cover transaction costs.

Disclaimer*

Aquila European Renewables PLC

29 May 2026

Aquila European Renewables plc

The Rock: Successful Placement of EUR 80 million Senior Secured Green Bond Issue

Aquila European Renewables plc ("AER" or "the Company"), the London-listed investment company advised by Aquila Capital Investmentgesellschaft mbH ("Investment Adviser"), is pleased to report on a successful placing of a new EUR 80,000,000 senior secured green bond issue (the "New Bonds") by Øyfjellet Wind Investment AS ("The Rock"), a 400 MW wind farm located in northern Norway, in which the Company has a 13.7% shareholding. The New Bonds carry a floating interest rate of 3-month EURIBOR plus 4.25 per cent. per annum and have a maturity of 5 years from the Issue Date of 22 May 2026. The net proceeds from the New Bonds will be used to refinance the Rock's existing EUR 80,000,000 senior secured green bonds, which were due to be redeemed in September 2026, and to cover transaction-related expenses.

LEI: 213800UKH1TZIC9ZRP41

Enquiries:

Apex Listed Companies Services (UK) Limited (Company Secretary)

+44 (0) 20 3327 9720

Deutsche Numis (Corporate Broker)

Hugh Jonathan

George Shiel

+44 (0) 20 7260 1000

www.aquila-european-renewables.com

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