OPEN is a global visionary finance company that offers a new way to invest in cleantech projects and business. Their holistic approach to business actively builds networks to connect a global community of environmental entrepreneurs and investors through strategic partnerships.
OPEN Cleantech Equity Fund
- Share Classes: EUR, GBP and USD
- Liquidity: Freely Transferable (Redemption terms and fees apply. Please see Listing Particulars)
- Trading on the Euro MTF Market of the Luxembourg Stock Exchange
- Targeted returns of 13-17% P.A
OPEN Cleantech Bond Programme
First tranche of the OPEN Cleantech €500 million Multi-Currency Secured Medium Term program.
OPEN Cleantech Bonds Series 1
The terms of the first tranche will be as follows:
- Issue Size: EUR 50m
- Currencies available: EUR, GBP and USD
- Coupon: 7% fixed interest p.a. plus a variable interest depending on the net profit of the Issuer (split 70/30 in favour of the investor)
- Term: 10 Years
- Listing: Irish Stock Exchange
OPEN Cleantech Equity Fund
OPEN Cleantech is launching an equity fund offering the opportunity for medium to long term capital growth through investment in companies actively involved in renewable energy and cleantech industry.
OPEN Cleantech Equity Fund, which Share Class A (EUR) has been admitted to the official list and trading on the EURO MTF of the Luxembourg Stock Exchange, aims to achieve capital growth and maximise the total return in the medium to long term through equity investment in cleantech and renewable energy companies. The Fund targets a return of 13-17% p.a.
Cleantech companies include those involved in recycling, renewable energy (wind power, solar power, biomass, hydropower, biofuels, etc.), information technology, green transportation, electric motors, green chemistry, lighting, greywater, and those with an overall commitment to energy efficiency, improved pollution control and a reduced environmental footprint.
The Fund invests in renewable energy projects, early stage cleantech companies that require funding for business development and established cleantech companies that want to expand their existing businesses. OPEN Cleantech Equity Fund will only seek out companies that demonstrate strong underlying value and growth prospects with experienced leadership teams.
OPEN Cleantech Bonds
OPEN Cleantech Income Securities DAC is launching a series of multi-currency Medium Term Notes (OPEN Cleantech Bonds) offering the opportunity for long-term capital growth and income generation through investment in companies actively involved in renewable and clean technology energy production.
The €500 million OPEN Cleantech Bond Programme will consist of a series of bonds, each with their own terms and conditions, and will be issued in separate tranches. These bonds will be listed on the Irish Stock Exchange (ISE).
The objective of the OPEN Cleantech Bonds is to provide investors with an investment opportunity available in EUR (€), GBP (£) and USD ($) that is intended to generate a predicted half-yearly income together with capital growth.
The investment comprises an income-based strategy, in both mature and emerging markets with proven and innovative technologies and tangible assets (such as onshore wind and solar photovoltaic plants), backed by legal Power Purchase Agreements or government incentive schemes where available. In addition, they look for innovative and breakthrough clean technologies (for example biofuels or energy storage).
The global appetite for Green Bonds has increased from US$3.1 billion in 2012 to over US$96.4 billion by the end of 2016 (source: Clean Energy Pipeline)