Green Bond 2021/2026

For the last 10 years, hep solar funded project development services mainly through specialized funds. Now, we’re taking early-stage and active development projects onto our own balance sheet. These phases stand out with a much larger number of projects in the pipeline, significantly higher margins compared to later stages, and relatively low capital needs per projected kWp. That’s why about 75% of the proceeds from the Green Bond 2021/2026 are earmarked to finance the acquisition of future photovoltaic projects in the early-stage and active development phases. The remaining ~25% goes toward working capital to fuel the group’s growth and expansion.

Million Euros

Maximum Issue Amount

Annual Coupon
Years Term

Mai 18, 2021 through Mai 18, 2026 (exclusive)

Key Facts

Issuerhep global GmbH
Financial InstrumentGreen Bond (classified according to imug/SPO)
Issuance VolumeUp to 25 Million Euros
Placed Volume25 Mio. Euro
ISIN/WKNDE000A3H3JV5 / A3H3JV
Coupon6.5 % p.a.
Issue Price100 %
Denomination1,000 Euros
Valuta DateMay 18, 2021
Tenor18 May 2021 to 18 November 2027 (exclusive)
Interest PaymentSemi-annually, in arrears on May 18 and November 18 of each year (first payment in 2021)
Redemption Date18 November 2027
Redemption Amount100 %
StatusSenior unsecured
Early redemption Rights of the IssuerFrom 19 May 2024 at 102% of the nominal amount, from 19 May 2025 at 101% of the nominal amount, from 18 May 2026 at 100% of the nominal amount, from 18 November 2026 at 100% of the nominal amount plus the additional redemption interest
Bondholder Put Rights & CovenantsChange of control, cross default, negative pledge, dividend restrictions up to €5.5M equity in 2021, €11M in 2022, and €15M from 2023 onward, dividend cap at 50% of amounts exceeding the applicable equity threshold, breach of encumbrance agreement for shareholder loans, transparency obligations, positive covenants
Governing LawGerman Law
ProspectusApproved securities prospectus by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, notified to the German Federal Financial Supervisory Authority (BaFin) and the Austrian Financial Market Authority (FMA).

Approval of the prospectus should not be understood as an endorsement of the securities offered.
Listing SegmentOpen Market (Regulated Unofficial Market) of Deutsche Börse AG (Frankfurt Stock Exchange)
Finan­cial AdvisorLewis­field Deutsch­land GmbH
BookrunnerQuirin Privat­bank AG

Documents

(available in German)

Financial Reports

(available in German)

Financial Calendar

May 5, 2026, 10:30 a.m.: Second meeting of bondholders regarding the 2021/2026 Green Bond in Heilbronn
May 18, 2026: Semi-annual interest payment of the Green Bond 2021/2026
June 2026: 2025 Financial Statements
October 2026: 2026 Half-Year Financial Results
November 18, 2026: Semi-annual interest payment of the Green Bond 2021/2026

hep global GmbH: Resolutions of the second Bondholders’ Meeting on the Green Bond 2021/2026 effectively implemented

hep global GmbH (“Company”) announces that the resolutions of the bondholders of the Green Bond 2021/2026 (ISIN: DE000A3H3JV5) (“Green Bond 2021/2026”) passed at the second Bondholders’ Meeting on May 5, 2026 have been validly implemented.

Evelyn Kilinc verschränkt die Hände vor dem Körper und blickt direkt in die Kamera. Sie trägt ein weißes Shirt mit V-Ausschnitt und einen schwarzen Blazer drüber. Ihr blondes Haar ist zu einem Zopf gebunden und sie lächelt wobei Ihre Zähne sichtbar sind.

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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Grafik aus Linien, im Hintergrund ein weißer Halbkreis der unten durch eine dicke grüne Linie gekürzt wird. Auf der Linie bauen sich von links nach rechts versetzt Büsche, Solaranlage, höheres Auto, Solaranlage und gestapelte Münzen. Oben hinter dem Hochhaus verläuft noch ein Liniendiagramm was zu einer Sonne wird. Links ist noch eine Sprechblase mit "Solar Invest"
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