GreenYellow raises $39M in first Colombian green bond
What's the deal? GreenYellowDealroom has a profile for this one. Try Dealroom →, an international decarbonisation and flexible electrification company, has issued its first green bond in Colombia, raising COP 144 billion (about €39 million). The debt was placed on the Colombian Second Market and listed on the Bolsa de Valores de ColombiaDealroom has a profile for this one. Try Dealroom →.
What's the money for? The bond refinances a portfolio of 58 operational energy-efficiency projects. All involve refrigeration systems that GreenYellow upgrades and runs to cut energy use and greenhouse gas emissions.
How it's structured: The transaction ran through Patrimonio Autónomo Eficiencia Frigorífica Uno, an issuing vehicle administered by Fiduciaria DaviviendaDealroom has a profile for this one. Try Dealroom →, with GreenYellow as sole settlor. S&P Global — National RatingsDealroom has a profile for this one. Try Dealroom → rated the bond coAA- on the Colombian national scale, with a stable outlook.
What's the endgame? GreenYellow runs an Energy-as-a-Service model: it invests in and operates energy infrastructure, then charges clients for measurable efficiency gains. The bond turns those projects into cash-generating assets that can be refinanced on capital markets.
Why it matters: "Accessing the capital markets through a COP 144 billion transaction demonstrates the strength of our assets and our ability to structure energy-efficiency projects with a long-term perspective," said Diana Durán, chief financial officer of GreenYellow ColombiaDealroom has a profile for this one. Try Dealroom →.
The signal: The deal shows how energy-efficiency projects can be packaged and sold as green investment assets. For commercial and industrial clients weighing decarbonisation against cost, GreenYellow is betting that measurable savings make the model bankable — and repeatable in new markets.
Read more: mediaconnect.com
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