New Sources launches Green Finance Framework
Amsterdam, 1 July 2025 - New Sources Energy N.V. (New Sources or the Company) has established a Green Finance Framework (the Framework) to further integrate the Company's sustainability ambitions into its financing. The Framework supports the execution of the Company's strategy to develop renewable energy production and energy efficiency projects to accelerate the energy transition.
The Green Finance Framework allows New Sources to raise capital via green bonds and loans to finance renewable energy and energy efficiency projects. Projects financed by green debt may include fixed assets, capital expenditures and/or operational expenditures, including R&D expenditures. In addition, the Green Finance Framework is fully compliant with the EU Taxonomy criteria on sustainable economic activities. This regulation defines which economic activity can be classified as environmentally sustainable and therefore sets a Pan-European standard for sustainable investment.
"With our new Green Finance Framework, we are strengthening our position in the market for green financing instruments and thus the sustainable development of our Company's projects. At New Sources we want to accelerate the clean energy transition by developing and owning clean energy resources of the future. The Framework will enable us to allocate capital to projects that are needed to deliver renewable energy, as well as investments in energy efficiency that drive decarbonisation and reduce emissions", said Leonard Vereecken, CEO of New Sources.
New Sources' Green Finance Framework has been reviewed by leading provider of sustainable investment research, ratings and data, Morningstar Sustainalytics in their Second Party Opinion (SPO). Morningstar has confirmed the Framework's alignment with the International Capital Market Association's (ICMA) Green Bond Principles 2021, and the Green Loan Principles 2023 administered by the Loan Market Association (LMA), the Asia Pacific Loan Market Association (APLMA) and the Loan Syndications and Trading Association (LSTA). Furthermore, the Framework follows the recommendations of the latest proposed EU Green Bond Standard, on a best effort basis.
Detailed information on the New Sources Green Finance Framework and Morningstar Sustainalytics' Second Party Opinion can be found at: www.newsources.energy/legal/
About New Sources
New Sources is a publicly listed impact company, with a mission to accelerate the energy transition towards net-zero through investing in key energy transition companies. In the shift to a world with net-zero CO2 emissions, New Sources focuses on developing, operating and growing renewable energy production and technology companies that generate competitive financial returns.
For more information, on New Sources visit website: www.newsources.energy
About Morningstar Sustainalytics
Morningstar Sustainalytics is a leading global provider of research, ratings, and data for sustainable investing and delivers credible second-party opinions (SPOs) to advance the green, social, and sustainability capital debt market. Sustainalytics' SPOs provide investors with information on whether bond proceeds are being allocated, managed, and reported on in a transparent manner. An SPO from Sustainalytics provides investors with assurance that a bond framework is aligned to accepted market principles, including the Green Bond Principles or the Green Loan Principles, and that the proceeds of the bond or loan, as set out in a project framework, are aligned to market practices and expectations from the investment community.
Morningstar Sustainalytics' SPOs, whether in whole or in part shall not be construed as part of any offering, and shall not be considered as an offer or advertisement to buy a security, solicitation of votes or proxies, investment advice, expert opinion or negative assurance letter as defined by the applicable legislation.
For more information on Morningstar Sustainalytics visit website: www.sustainalytics.com
For further information:
New Sources Energy N.V.
Apollolaan 151
1077AR Amsterdam
the Netherlands
T: +31 (0)20 239 0299
E: info@newsources.energy
W: www.newsources.energy
Amsterdam Euronext ticker: NSE.AMS
Media contact:
Mrs. Marie-Claire van Hessen
T: +31 (0)6 4121 3908
E: marie-claire@mcpr.nl
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