OPTIMUM SOLAR ZRT. CONTINUES WITH STRONG FOUNDATIONS AFTER THE BONDHOLDERS' MEETING
The bondholder meeting of Optimum Solar Zrt. held on August 15, 2023 went according to plan: the Standstill Agreement and all of its amendments have been removed.
Mr. Roland Lugos, a member of the company's board of directors, said that "The termination of Standstill marks a significant step forward for us and our partners, as it means not only the consolidation of financing conditions, but also the validation and acceptance of our newly introduced green financing framework by the market."
The decision on the restructuring of the bonds has been also made on this meeting, which is primarily based on the green financing framework introduced in March 2023. Optimum Solar Zrt.'s green financing goals become completely transparent through the financing framework aimed at sustainability - the introduced concept was also certified by the international organization ISS Corporate Solutions Inc. (ISS ESG), according to which threshold values exceeding current market expectations were established.
Details of independent SPO verification are available below: View PDF
Optimum Solar goes green not only through its renewable energy solutions, products and services, but also through its entire operation. The achievement of this future strategic goal is also based on the outstanding trust that our domestic and international partners and customers have shown in us so far. Among the completed projects, the MVM Group's project in Szeged also stands out, for which we are also grateful that they trusted us and provided the opportunity to develop and implement a solar power park that represents a significant volume in the MVM Group's green portfolio,"
– added Mr. Roland Lugos.