hep global GmbH decides to issue a 6.5% Green Bond 2021/2026 with a volume of up to EUR 25 million

hep global GmbH decides to issue a 6.5% Green Bond 2021/2026 with a volume of up to EUR 25 million

Güglingen, 20 April 2021 - hep global GmbH, an international specialist for the development, realization and operational management of photovoltaic projects as well as investment manager for solar funds via subsidiaries, has decided to issue a corporate bond (ISIN: DE000A3H3JV5) with a total volume of up to EUR 25 million, offering a coupon of 6.5% p.a. over the term of five years. The security qualifies as a Green Bond, as the sustainability rating agency imug has confirmed in a Second Party Opinion (SPO) that the Green Bond of hep global GmbH is in line with the Green Bond Principles (GBP) issued by the International Capital Market Association (ICMA).

As part of the public offering in Germany, Austria and Luxembourg, interested investors can subscribe to the Green Bond from 29 April 2021 until 12 May 2021, 12 noon (subject to early closing) via the subscription functionality "DirectPlace" of Deutsche Börse AG in the trading system XETRA. At the same time, Quirin Privatbank AG as bookrunner conducts a private placement to qualified investors in Germany and selected other European countries. Lewisfield Deutschland GmbH acts as financial advisor.

The owner-managed hep global Group has a strong combination of many years of photovoltaic and investment expertise. In the "Services" segment, the company acts as an international specialist for the development, construction and operation of solar parks from a single source with a focus on Germany, the USA, Japan and Canada. In the "Investments" segment, hep covers the conception, management and sales of alternative investment funds through its own capital management company. Standardized processes between the "Services" and "Investments" segments enable fast transactions with low costs.

The successful track record is composed of 800 MWp of developed capacity and a fund volume of around EUR 268 million (as of 31/03/2021) under management. With a pipeline of 5.3 GWp, hep has a strong basis for further dynamic growth. The expectable total revenue from so-called late-stage/notice-to-proceed projects based on market values alone amounts to more than EUR 500 million by 2025.

After hep has financed project development services primarily through its own project development funds over the past 10 years, so-called early-stage and active-development project development is now carried out on its own account. These development phases are characterized by a clearly larger number of projects on the market and significantly higher margins compared to the subsequent phases, while at the same time requiring less capital per projected KWp. Against this background, around 75% of the proceeds from the issue of the Green Bond 2021/2026 are intended to be used to finance the acquisition of future photovoltaic projects in the early-stage and active-development phases. Around 25% of the inflowing funds are planned for working capital for the establishment and expansion of the hep global Group.

Christian Hamann, founder and CEO of hep global GmbH: "We have a huge project pipeline with 5.3 GWp, which we now want to develop and further expand on our own account with the expertise we have built up over many years."

The securities prospectus approved by the Commission de Surveillance du Secteur Financier ("CSSF") in Luxembourg and notified to the Federal Financial Supervisory Authority ("BaFin") in Germany and the Austrian Financial Market Authority ("FMA") is available on the website of hep global GmbH (www.hep.global/green-bond).

The Green Bond is expected to be included in trading on the Open Market of Deutsche Börse AG ("Freiverkehr" of the Frankfurt Stock Exchange) on 18 May 2021.

Key data of the Green Bond 2021/2026

Important note:
This publication is neither an offer to sell nor a solicitation of an offer to buy securities. The securities which are the subject of this publication are offered by the issuer exclusively in the Federal Republic of Germany, the Grand Duchy of Luxembourg and the Republic of Austria by way of a public offer. Outside the Federal Republic of Germany, the Grand Duchy of Luxembourg and the Republic of Austria, no public offer is being made.

The securities will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act.

This publication does not constitute a prospectus. The investment decision of interested investors with respect to the securities referred to in this publication should be made solely on the basis of the securities prospectus and the terms and conditions of the bonds prepared by the Issuer in connection with the public offering of these securities, which are each available for inspection free of charge on the Issuer's website at www.hep.global/green-bond.

This release contains forward-looking statements. These statements are based on the current views, expectations, assumptions and information of the management of hep global GmbH. Forward-looking statements should not be construed as a promise of future results and developments and involve known and unknown risks and uncertainties. Various factors could cause actual future performance or events to differ materially from those described in these statements, and neither the Company nor any other person accepts any responsibility for the accuracy of the opinions expressed in this release or the underlying assumptions. The Company does not assume any obligations to update any forward-looking statements. Moreover, it should be noted that all forward looking statements only speak as of the date of this release and that the Company does not assume any obligation, except as required by law, to update any forward-looking statement or to conform any such statement to actual events or developments. The Company and its affiliates expressly disclaim any obligation or undertaking to update, review or revise any forward-looking statement contained in this release, whether as a result of new information, future developments or otherwise.

Press contact:
Laura Müller
Römerstraße 3
D-74363 Güglingen
Phone: +49 7135 93446-613
E-mail: presse@hep.global
www.hep.global

Investor contact:
Thomas Tschirf
Römerstraße 3
D-74363 Güglingen
Phone: +49 7135 93446-0
E-mail: greenbond@hep.global
www.hep.global

Financial press contact:
Frank Ostermair, Linh Chung
Better Orange IR & HV AG
Haidelweg 48
D-81241 Munich
Phone: +49 89 8896906-25
E-mail: linh.chung@better-orange.de
www.better-orange.de