Date
11/01/2021
Bedford Row Capital PLC (“BRC”), a global non-bank structuring specialist, today announces that it has been mandated by Sustainable Capital PLC, for a listed ICMA-compliant green bond offering of USD14.8million and GBP28.1million.
Sustainable Capital (recognised on the NASDAQ Sustainable Bond Network) has issued USD and EUR ICMA-compliant green bonds to finance Energy Storage´s development and construction of thermal clean generation and green power plants for “on-site-of-need” commercial and industrial customers, on a “distributed energy” model in Australia. This power generation operation of Energy Storage offers immediate income potential. Energy Storage has been in R&D with leading Australian universities and government bodies for the last five years and is among the leading thermal long duration energy storage developers globally. Energy Storage considers that its patent library and technology offers the potential of transformational shifts in zero emission heat management and long duration energy storage for Industry and Variable Renewable Energy generators.