← Marketplace
Illustrative Demonstration Data Only — Not Live Market Information.
The asset
Altona Waste-to-Energy Green Notes — the underlying real asset securing this offering.
1/3
Slide 1 of 3: The asset. Altona Waste-to-Energy Green Notes — the underlying real asset securing this offering.
Closing soonCircular economy · Altona, VIC
Altona Waste-to-Energy Green Notes
Altona Waste-to-Energy Green Notes provides illustrative exposure to circular economy through senior secured green notes originated by Circular Energy Australia in Altona, VIC. Demonstration data prepared to show how the Democratise marketplace presents waste & bioenergy offerings.
AWEN-31ERC-3643 (permissioned)Redbelly NetworkFIRB pre-screenedCircular economy exposureAustralian domiciledHigher risk profile
Key metrics
- Target raise
- A$109M
- Target yield
- 10.9% p.a.
- Term
- 36 months
- Risk band
- E
- Jurisdiction
- Australia — VIC
- Settlement
- Redbelly Network
Use of proceeds
- Fund waste & bioenergy acquisition and development costs
- Establish debt service and liquidity reserves
- Transaction, structuring and compliance costs
Structure
- Sponsor
- Circular Energy Australia
- Trustee
- Equity Trustees
- Custodian
- Zerocap (MPC, insured)
- Instrument
- Senior secured green notes
- Ranking
- Second ranking secured
- LTV
- 54%
- DSCR
- 2.10x
- Maturity
- 2031-06-30
Related