Regenergy Frövi secures op to EUR 70 million in a fixed-rate corporate bond issue

Regenergy Frövi, the project owner of a large-scale development of an innovative greenhouse facility, has successfully closed a EUR 25 million secured fixed-rate corporate bond. The transaction is a partial closing of the issuer’s framework of up to EUR 70 million, and the capital raising will continue with several tap issues. The bonds will be registered through Euroclear Sweden.

Regenergy Frövi is owned and funded by WA3RM Regenergy Developer Fund where the Danish investment manager Selected Alternatives (part of Selected Group) represents the investors.

DLA Piper represented Regenergy Frövi and Selected Group in all legal aspects of the transaction.