The information contained on the following website is intended exclusively for persons who are domiciled and habitually resident in Germany, Austria, or Luxembourg. The information does not constitute, in any other country, a solicitation, an offer, an invitation to make an offer, or a recommendation to subscribe for, purchase, or sell securities or to enter into comparable legal transactions or legal acts. hep solar projects GmbH makes no warranty that the bonds of hep solar projects GmbH described on the following website are suitable as an investment for all investors. No public offering of securities outside Germany, Austria, and Luxembourg is taking place or is intended. The public offering in Germany, Austria, and Luxembourg is made exclusively on the basis of a securities prospectus that has been approved by the Luxembourg securities supervisory authority, the Commission de Surveillance du Secteur Financier ("CSSF"), and has been notified to the German Federal Financial Supervisory Authority ("BaFin") and the Austrian Financial Market Authority ("FMA") pursuant to Articles 24 and 25 of Regulation (EU) 2017/1129 (the Prospectus Regulation).
The approval of the prospectus should not be understood as an endorsement of the offered securities. It is recommended that potential investors read the prospectus before making an investment decision in order to fully understand the potential risks and opportunities of the decision to invest in the securities.
Securities of hep solar projects GmbH may only be sold or offered for purchase in the United States of America ("USA") or to, or for the account or benefit of, US persons (as defined in Regulation S of the U.S. Securities Act of 1933, as currently in effect (the "Securities Act")) following prior registration under the provisions of the Securities Act, or without registration only pursuant to an exemption from the registration requirement. hep solar projects GmbH does not intend to register the offering or any part thereof in the USA or to conduct a public offering of securities in the USA.
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I hereby confirm that I have read this notice regarding the information on the website in full, that my domicile and habitual residence is in Germany, Austria, or Luxembourg, and that I will not transmit or forward the information contained on the following website to persons whose domicile and habitual residence is not in those countries.

Green Bond 2023/2028
Million Euros
Maximum Issue Amount
Annual Coupon
Years Term
November 22, 2023, through November 22, 2028 (exclusive)
Key Figures
| Issuer | hep solar projects GmbH |
|---|---|
| Financial Instrument | Green Bond (classified according to imug/SPO) |
| Issuance Volume | Up to 30 Million Euros |
| Placed Volume | 22.7 Million Euros |
| ISIN/WKN | DE000A351488/A35148 |
| Coupon | 8 % p.a. |
| Issue Price | 100 % |
| Denomination | 1,000 Euros |
| Valuta Date | November 22, 2023 |
| Tenor | November 22, 2023 - November 22, 2028 (exclusive) |
| Interest Payment | Semi-annually, in arrears on May 22 and November 22 of each year (first payment in 2024) |
| Redemption Date | November 22, 2028 |
| Redemption Amount | 100 % |
| Status | Senior unsecured |
| Early redemption Rights of the Issuer | Special redemption right for tax reasons; from November 23, 2026 at 102% of par value; from November 23, 2027 at 101% of par value; special redemption right if 80% of the total principal amount of the bonds has been repurchased, redeemed, or cancelled |
| Bondholder Put Rights & Covenants | Change of control, negative pledge, cross-default, reporting obligation |
| Governing Law | German Law |
| Prospectus | Securities prospectus approved by the Commission de Surveillance du Secteur Financier ("CSSF") in Luxembourg, with notification to the German Federal Financial Supervisory Authority ("BaFin") and the Austrian Financial Market Authority ("FMA"). The approval of the prospectus should not be understood as an endorsement of the offered securities. |
| Listing Segment | Open Market of Deutsche Börse AG (Freiverkehr of the Frankfurt Stock Exchange) |
| Financial Advisor | Lewisfield Deutschland GmbH |
Documents
(Available in German)
Financial Reports
(Available in German)
Financial Calendar
| May 22, 2026: Semi-annual interest payment for the 2023/2028 Green Bond |
| June 2026: Annual financial statements 2025 |
| October 2026: Half-year financial statements 2026 |
| November 22, 2026: Semi-annual interest payment for the 2023/2028 Green Bond |

Want to Learn More About Our Green Bond?
Sustainability isn’t just something we strive for — it’s built into our financial strategy. Evelyn Kilinc is your direct contact for questions about our Green Bond and for conversations around green finance more broadly. She brings deep insight into current market trends and is happy to help with any questions you may have.

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