Etrion issues a green project bond for approximately JPY 16 billion (US$146 million) and commences construction of its 45 MW Niigata Solar Project in Japan
July 2, 2019, Geneva, Switzerland – Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, announces the signing, execution and drawdown with respect to a finance agreement for the construction of the 45 megawatts (“MW”) Niigata solar project located in the in the Niigata prefecture in northern Japan. The arranger of the Etrion Green Project Bond, rated BBB, was Goldman Sachs Japan Co., LTD (“Goldman Sachs”). Management Comments Marco A. Northland, Etrion’s Chief Executive Officer, commented: “I am very pleased to announce the