Listing of Green Bonds of Caspian Solar Ltd. on AIX

Astana International Exchange (“AIX” or “the Exchange”) announces the forthcoming listing and admission to trading of Green Unsecured Coupon Bonds of Caspian Solar Ltd. on AIX.The CNY 625,000,000 issuance carries a floating coupon and matures on May 08, 2031.

The proceeds from the issuance shall be used to finance a 115MW Postmasburg solar PV in South Africa. Caspian Solar Ltd. is an investment platform focused on developing green energy projects in emerging markets.

Assel Mukazhanova, CEO of AIX, noted:

“AIX remains committed to advancing green finance, including through fee reductions introduced in 2023 to support such issuances. The growing interest we are seeing in green instruments reflects the impact of these measures, while the Second Party Opinion provided by the AIFC Green Finance Centre underscores the strength of the AIFC’s end-to-end infrastructure for green issuers.”

Reference:

AIX was formed in 2017 within the Astana International Financial Centre development framework. AIX shareholders are AIFC, the Shanghai stock exchange, the Silk Road Fund, and NASDAQ, which also provides the AIX trading platform. The exchange operates within a regulatory environment based on the principles of English Law, thus providing a reliable investment environment. www.aix.kz

The Astana International Financial Centre (AIFC) is an independent jurisdiction where investors and business meet emerging opportunities of Kazakhstan and Central Asia in a transparent and sustainable environment backed by the principles of English Common Law. aifc.kz