RegEnergy

October 6th 2023

Our investment in the green infrastructure fund WA3rm Regenergy Developer Fund 1 continues the positive development both in terms of the construction of the underlying project in Frövi, Sweden, as well as securing the project's interim financing.

To this end, development and construction financing has now been finally secured for the project company RegEnerg Frövi AB through the issuance of fixed-rate corporate bonds to professional investors. The financing is the first round of the project's construction financing, with the first EUR 25 million in bonds now issued, out of the total framework of up to EUR 70 million.

The bonds have been well received by the professional investor market, demonstrating, among other things, the project's strong credentials as a financially attractive and sustainable investment case.

The bonds are registered through the Swedish central securities depository Euroclear Sweden.

Selected Group has been advised financially by Vinga Group in Sweden and legally by DLA Piper in Denmark in connection with this bond issue for the construction financing of the construction in Frövi.