Wednesday
March 20
2024

Prime Energy to Issue $7.3 Million Green Bond in Rwanda

By James Anyanzwa

Prime Energy Plc, a renewable energy independent power producer in Rwanda, has received approval from the Capital Markets Authority to issue the first-ever green bond in the country.

In a statement on Wednesday, the utility said the approval allows it to take steps toward offering the green bond to the public and listing on the Rwanda Stock Exchange (RSE).

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Source: The East African (link opens in a new window)

Categories
Energy
Tags
development finance, impact bonds, renewable energy