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Green bonds: Asja Ambiente collects new resources

The Anthilia Bit IV co-investment fund has subscribed 1 million. This is the second tranche of the 40 million green bond issued last December by the Turin energy company - The bond will expire on June 29, 2027, with a rate of 5,75% and is aimed at the production of biomethane and compost

Green bonds: Asja Ambiente collects new resources

Asja Environment Italy, a Piedmontese energy company engaged in half the world is satisfied. His green bonds for municipal solid waste treatment projects (Forsu) was subscribed for one million euro from the Anthilia BIT IV Co-Investment Fund. The bond will mature on June 29, 2027, with a rate of 5,75% and an amortizing repayment with amortization starting from July 2022.

Asja manages plants for the production of electricity and biomethane from renewable sources and in December it issued green bonds for a total nominal value of 40 million euro, which in the same month obtained subscriptions for 21,5 million (the one subscribed by Anthilia is the second tranche).

The Turin-based company has three operational plants and two under construction. In 2019 it recorded revenues of approximately 70,8 million euros. The fresh capital will all support the development plan for other plants for the production of biomethane and organic fraction compost.

“Today, more than ever, energy represents one of the sectors that can contribute most to economic recovery. I thank Anthilia for the new signing which, in addition to consolidating our collaboration, is also a good confirmation of confidence in what we are doing", commented the president of Asja, Agostino Re Rebaudengo.

"Environmental sustainability is a topic that is very close to our hearts: an essential parameter for guiding investment strategies and Asja Ambiente has been able to distinguish itself for its innovative spirit and cutting-edge technologies", said Giovanni Landi, CEO of Anthilia Capital Partners.

Mutual recognition for an industry that attracts fresh money. The post-Covid scenario is certainly worrying, but the most recent observations on energy bonds must be kept in mind. Green bonds are the real litmus test for anyone wishing to support green finance. A dynamic market, divided between Europe, the USA and China, influenced by the political choices of governments that guiltily believe little or nothing in non-polluting sources.

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