United Solar Group is forging a strategic partnership with Green Bond Corporation (GBC SARL) to fund its renewable energy projects. This alliance encompasses key agreements such as the Structured Finance & Facilitation Agreement (SFAFA) and the Environmental Credit Sales Agreement (ECSA), facilitating capital for projects like Poonakary and Garden City in Sri Lanka. United Solar Group’s Green Bond Fund initiative, powered by this collaboration, positions us to issue Green Bonds into a global market worth over USD $130 trillion. This innovative approach includes generating capital through carbon credit registries, significantly contributing to non-dilutive project funding and enhancing project returns.
