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MEP Werke GmbH Mies-van-der-Rohe-Str. 6 80807 München, Germany http://www.mep-werke.de
Contact Ms Julienne Rupp-Heiss +49 89 44232870
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MEP Werke GmbH

oekom research confirms Climate Bond certification capability of MEP Werke

(PresseBox) (München, )
oekom research AG, one of the world´s leading rating agencies in the field of sustainable investment, verified the first green bond emission of Munich based MEP Werke GmbH against the Climate Bond Standards v2.0. The verification of the first 25 million Euro tranche of MEP´s issuance program with a total volume of 100 million Euro proves its sustainability and ecological benefit which is a clear quality statement for investors. The Climate Bonds Initiative (CBI) is now likely to certify the green bond as “Labelled Green Bond”.

The positive assessment of the renowned and independent rating agency oekom research shows that MEP’s Solar Lease issuance meets the Climate Bond Standards and CBI´s criteria for the solar sector with their very first green bond. This paves the way for its certification as “Labelled Green Bond”. The purpose of the issuance program with four tranches is the refinancing of the initial financing sources which are used to build up the portfolio of MEP PV-lease systems. Based on this innovative financing structure the full service photovoltaic provider MEP Werke was able to quickly become one of the leading decentral solar energy providers in Germany. By issuing CBI-certified green bonds, institutional investors will be offered a green investment opportunity in this forward-looking business model.

“MEP green bonds are a totally new and a Europe-wide unique green investment product. As pioneers in the renewable energy sector we aim to offer an attractive and transparent investment opportunity in a sustainable future. Secured term notes with a highly granular, geographically diversified portfolio of PV-lease receivables are perfect investment premises for long term investors such as pension funds and insurance companies”, explains Konstantin Strasser, CEO of MEP Werke.

The careful examination and positive assessment of the MEP green bond by oekom research as an independent and internationally renowned rating agency proves credibility and guarantees to investors that the funds are used for their intended purpose. This considerably facilitates the due diligence process of interested investors. The soon to be expected CBI certification will further reinforce the exclusively green and sustainable purpose of MEP’s issuance program.

For more Information please visit http://www.mep-werke.de

About oekom research AG:
oekom research AG is one of the world’s leading rating agencies in the field of sustainable investment. The agency analyses companies and countries with regard to their environmental and social performance. oekom research has extensive experience as a partner to institutional investors and financial service providers, identifying issuers of securities and bonds which are distinguished by their responsible management of social and environmental issues. More than 140 asset managers and asset owners routinely draw on the rating agency’s research in their investment decision-making. oekom research’s analyses therefore currently influence the management of assets valued at over 600 billion euros.
For more information please see www.oekom-research.com.

About the Climate Bonds Initiative:
The Climate Bonds Initiative is an investor-focused not-for-profit, promoting large-scale investment in the low-carbon economy. Climate Bond Partners assist in developing initiatives to grow investment in climate solutions, participate in different market development committees and help define policy agendas for sector, country and sub-national programs. NGOs, banks, institutional investors, governments and other stakeholders are eligible to join as Climate Bond Partners to help rapidly grow a global market of green and climate bonds.
For more information please see www.climatebonds.net.

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MEP Werke GmbH

MEP Werke GmbH is headquartered in Munich, Germany. It is one of Germany’s leading decentralized energy providers as well as market leader in end-to-end service for photovoltaics and specializes in renting solar power systems to German residential homeowners at a fixed monthly rate. The parent company and private equity investor Strasser Capital specializes in clean energy investments, financing and operations throughout the EU, with a focus on solar energy.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.