Investment Company Overview - The Company successfully issued EUR 14.346 million bonds under its 2025/2026 retail bond programme and EUR 0.416 million bonds under its 2025/2027 green bond wholesale programme in October [2] - An additional issuance of EUR 8.329 million bonds under the 2025/2026 retail bond programme was completed in December [2] Bond Redemption and Maturity Extension - Proceeds from the bond issuances were used to redeem outstanding green bonds from the 2021/2025 green bond programme, with 50% of the nominal value, amounting to EUR 20.747 million, redeemed on 15 December [3] - The maturity of the remaining bonds under the 2021/2025 programme was extended to 15 June 2026, with an increased coupon rate of 8.5% [3] Solar Projects - PV Energy Projects sp. z o.o has 49.8 MW of operational projects, with the remaining portfolio expected to be energized by December 2026 [4] - PL SUN sp. z o.o has 66.6 MW of operational projects, with remaining projects planned for energization in Q1–Q2 2026; a EUR 53.5 million refinancing facility was secured from mBank and BOŚ banks in December [4] Wind Projects - A 132 MW wind farm developed under Zaļais Spēks SIA was successfully divested in December [5] - Construction of a 112 MW wind farm under Zala Elektrība SIA is on schedule, with foundation works and turbine delivery planned for Q2 2026; a EUR 92 million project financing facility was secured from multiple banks in October [5] Hybrid Projects - A 45 MW wind and 9 MW BESS hybrid project developed under UAB "PV Holding" was successfully divested in December [6] - The portfolios of UAB "Ekoelektra" and UAB "JTPG" are nearing completion, with final building permits expected in early 2026 [6]

Orsted A/S agreed to sell a majority stake in a Taiwanese wind farm to local firm Cathay as it presses ahead with plans to repair its balance sheet https://t.co/EB6nxS9GFV ...

Core Viewpoint - TotalEnergies has secured a significant contract worth 4.5 billion euros ($5.30 billion) from the French government for the development and construction of a 1.5 gigawatts wind farm off the coast of Normandy in collaboration with RWE [1] Company Summary - TotalEnergies is partnering with RWE in a consortium to execute the wind farm project [1] - The project represents a substantial investment in renewable energy infrastructure by TotalEnergies [1] Industry Summary - The contract highlights the growing trend and commitment towards renewable energy projects in France, particularly in offshore wind energy [1] - The development of the 1.5 gigawatts wind farm aligns with global efforts to transition to sustainable energy sources [1]

Project Status - A 5 billion USD wind farm project off the New England coast was 80% complete [1] - The project received a stop-work order from the Trump administration [1] Industry Impact - Workers and suppliers involved in the wind farm project are in limbo [1]

Group 1 - Orsted shares fell over 25% after announcing a 60 billion Danish kroner ($9.4 billion) rights issue due to a "material adverse development" in the U.S. market [1][2] - The adverse development has hindered the company's ability to raise funds from a planned partial divestment of its Sunrise Wind project off the coast of New York [1] - Existing shareholders will have the first refusal on the new shares being offered in the rights issue [2]