Wallenstam has established a revised framework for green financing in collaboration with Handelsbanken. The framework has been reviewed by S&P Global Ratings and received a Medium Green rating.
The framework describes what types of projects and assets can be financed using green bonds and commercial paper, for example renewable energy such as wind turbines and solar cells as well as green properties.
"We currently have green bonds of SEK 2 billion linked to our wind turbines and some of our green properties. Wallenstam has historically had, and will continue to have, a low proportion of bond financing since the majority of our property operations are financed through banks. At the same time, we are very happy to finance through the capital market when the right opportunity and conditions arise," says Hans Wallenstam, CEO.
The framework has been reviewed by the independent research and analysis provider S&P Global Ratings, which in its second party opinion has given Wallenstam's framework a Medium Green rating.
More information about Wallenstam's green financing is available at www.wallenstam.se/greenbonds.