![16-02-23-canal-solar-GreenYellow issues R$ 66 million in debentures aimed at energy efficiency]](https://canalsolar.com.br/wp-content/uploads/2023/02/16-02-23-canal-solar-GreenYellow-emite-R-66-mi-em-debentures-visando-eficiencia-energetica-1024x682.jpg)
A GreenYellow announced that issued R$66 million in debentures to be injected into energy efficiency projects. According to the company, the Santander acted as lead coordinating bank for the offering.
Three months ago, the company also announced an agreement to Project Finance of R$ 63 million, established with BNDES (National Bank for Economic and Social Development), focusing on construction of 11 solar plants.
This wave of financial movements is in line with company's global strategy, to raise capital via Project Finance, in order to leverage new projects and thus reinforce its positioning as a major infrastructure player. A year ago, for example, they issued R$160 million in debentures.
“Attracting investments allows us to increasingly enhance our operations within the strategy of investing, building and operating our assets in the long term”, stated Marcelo Xavier, CEO of GreenYellow in Brazil.
About GreenYellow
GreenYellow specializes in energy efficiency, solar energy, energy trading and management. Of French origin, the company has operations in sixteen countries and has a portfolio of more than 2.650 projects implemented around the world, with more than 1 of them in Brazil, where it has been operating since 2013.
Annual energy savings from GreenYellow's energy efficiency projects total 230 GWh, enough to power more than 118 homes in one year. In photovoltaic energy, it has more than 60 plants under construction or operation, totaling 150 MWp.
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