| Current report 18/2022 – ESPI – Execution of a Framework Agreement with the European Bank for Reconstruction and Development The Management Board of R.Power S.A. with its registered office in Warsaw (the “Issuer”) announces that on 25 July 2022 the Issuer entered into a Framework Agreement (the “Framework Agreement”) with the European Bank for Reconstruction and Development (the “EBRD”) in connection with the EBRD's intention to purchase bonds issued by the Issuer under the bond issuance program up to the aggregate nominal value of PLN 1,000,000,000 (the “Program”). The Framework Agreement is governed by English law. Pursuant to the Framework Agreement, the EBRD is considering the purchase of bonds issued by the Issuer under the Program with an aggregate nominal value of up to PLN 80,000,000 (the “Bonds”); however, the conclusion of the Framework Agreement does not in itself create a contractual obligation on the part of the EBRD to purchase the Bonds. The proceeds from the Bonds will be used, inter alia, to finance, develop, construct or operate certain green projects in accordance with the current Green Bond Framework available on the Company's website. In the Framework Agreement, the Issuer has committed, inter alia, to operating in accordance with the EBRD Designated Performance Requirements and other EBRD guidelines, including anti-corruption guidelines and guidelines to combat the use of forced labor. Legal basis: Art. 17.1 MAR. | |
