Green City AG: Extract from the performance report 2020
Green City AG regularly informs about the performance of the investments it initiates. To this end, the company publishes a current account for, among other things, the issued shares, bonds and profit-sharing rights. As of December 31, 2020, Green City made distributions and interest payments (cumulative) totaling EUR 33.6 million to investors.
In 2015, Green City issued the anniversary bond for its 10th anniversary. The ecological investment with an issue volume of EUR 10 million is designed as a bearer bond.
Investors were forecast to receive their interest payments of 4% (tranche of A) or 5 (tranche B), a total of EUR 2.1 million. Tranche A is due for repayment in June 2021. A successor product, which is to be placed later this year, is currently in the works.
I-III Power Plant Park
In 2011, Green City started with the concept of power plant parks and the construction of a regenerative power plant pool in several energy types and European countries.
Kraftwerksparks II and III paid interest of more than EUR 23 million to their investors by the end of 2020. The project portfolio of Kraftwerkspark I is currently being sold in order to repay the profit-sharing rights of THE KWP I to investors in advance.
Solar pulse I
The Solar Impulse I Bond, launched at the end of 2017, invests in various solar projects in selected European markets. Interest will be paid on September 30. of each year. For the year 2020, interest of almost EUR 1.2 million has been paid out on the bond. The interest rate, as provided for by the bond conditions, was adjusted for the first time last year to the development of the consumer price index (inflation). The interest rate on bond capital rose by 1.4% from 3.25% to 3.2955%.
Solar park 2020
Green City’s 20th solar capital product has made history. In less than 12 hours, the Green City Solar Park 2020 was fully placed. The issue volume amounts to EUR 2.2 million, with the term of the bearer bond ending in 2030. The bond invests in two solar projects in Saxony, the first interest payment will be made on 01.10.2022.
Another concern of the company is the financing of the transport turnaround.
In August 2017, Electric Mobility Concepts GmbH, or emmy for short, and Green City AG launched the first 50 electric scooters on the road in Munich as part of a joint venture. With the help of crowdfunding, Green City has been able to raise more than 1 million euros, increasing its fleet to 400 electric scooters. The range of electric scooter sharing not only provides better air, but also a better quality of life in Munich. An investment that pays off in several ways: Investors have so far received around 94,000 euros in interest.
With the “SMART MOBILITY” series of securities, Green City wants to continue the success story of emmy and help clean mobility solutions to break through. The “Green City Smart Mobility I” voucher, which was open for subscription until spring 2020, allows you to invest in the growth market of scooter sharing. The invested capital amounts to around 1.5 million euros.
More information about the current account stocks, bonds, profit rights can be found here in German.