360Energy issues Negotiable Obligations to finance renewable energy projects in Argentina.

Classified as a Green Bond, 360Energy completes the issuance of Negotiable Obligations 5 for US$15 million

360Energy, a leading company in innovative solar energy development, announced the launch of a new issuance of Negotiable Obligations, classified as a Green Bond, for an amount of up to US$10 million, expandable to US$15 million, to finance renewable energy projects in Argentina.

The proceeds from this issuance of Negotiable Obligations (ON), which was publicly auctioned on Thursday, February 27, will be used by 360Energy to finance projects in its portfolio—specifically, new photovoltaic solar parks in the towns of Colón, Arrecifes, Realicó, Palomar, and Córdoba.

The auctioned instruments, Green Bond Class 5 ONs, received the highest environmental rating in Argentina, with a BV1 (arg) certification granted by the agency Fix. This rating reflects the strong alignment of 360 Energy Solar S.A.'s projects with international green bond standards, ensuring that the funds are exclusively allocated to initiatives that contribute to combating climate change.

In addition, the credit rating of A (arg), also awarded by Fix, highlights the company’s financial strength and offers reassurance to investors seeking stability and returns in a sustainable business.

• The bonds are subscribed, settled, and payable in U.S. dollars.

• They carry a fixed interest rate and mature 30 months from the issuance and settlement date (March 5, 2025).

• Amortization: 100% of the principal of the Negotiable Obligations will be repaid in a single payment on the Maturity Date.

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  Terms & Conditions NO Class 5 360 Energy Solar S.A.

360Energy’s Negotiable Obligations are supported by its solid competitive position. The company is a key player in the renewable energy sector, with a strategic focus on solar energy, and benefits from stable operational cash flows based on long-term, dollar-denominated contracts with top-tier credit-rated clients, ensuring consistent fund generation.

From a financial standpoint, 360Energy has successfully issued over US$120 million in green bonds during 2022, 2023, and 2024, reaffirming its commitment to sustainable financing—a commitment further reinforced by this latest issuance.

"Our company is a pioneer in the photovoltaic solar energy sector in Argentina, and we are committed to leading the region’s energy transition," said Federico Sbarbi Osuna, CEO of 360Energy. "With this new issuance of Green Bonds, we will move forward with the development and construction of new solar parks across Argentina, further consolidating the leadership and innovation that define our position in the market."

This new issuance was coordinated by Banco de Valores S.A., Banco de Servicios y Transacciones S.A., Banco de Galicia y Buenos Aires S.A., and Banco BBVA Argentina S.A.

The placement syndicate included: Banco Comafi S.A., BACS Banco de Crédito y Securitización S.A., Balanz Capital Valores S.A.U., PP Inversiones S.A., Industrial Valores S.A., Allaria S.A., Banco Patagonia S.A., Banco de la Provincia de Buenos Aires, Adcap Securities Argentina S.A., Deal S.A., Banco CMF S.A., and Invertir en Bolsa S.A.

Leadership and Innovation in Solar Energy

360Energy is a family-owned solar energy company led by a management team with over 30 years of experience. It maintains a strong presence in Argentina and is expanding internationally through strategic partnerships in key solar energy projects that contribute to the global energy transition.

The company currently operates 12 photovoltaic solar parks in the provinces of San Juan, La Rioja, and Catamarca, with a total installed capacity of 250 MW.

In addition to supplying renewable energy to the Wholesale Electricity Market (MEM) via contracts with CAMMESA, 360Energy also provides clean energy to leading companies through Power Purchase Agreements (PPAs) under the Renewable Energy Term Market (MATER). Notable clients include Danone, Coto, John Deere, Bridgestone, Dow, Acerbrag, Smurfit Westrock, Holcim Argentina, and Stellantis.

Technological Milestones

360Energy was a pioneer in installing a battery energy storage system (BESS) connected to a utility-scale solar park in Cañada Honda, San Juan, and was the first company in Argentina to deploy bifacial solar panels.

International Strategic Alliances

In 2023, the Stellantis Group acquired a 49.5% equity stake in 360Energy, a strategic move that enhances the company’s expansion into new international markets. This partnership supports Stellantis’ global decarbonization and energy autonomy plan under its "Dare Forward" strategy, aiming for net-zero carbon emissions by 2038.

Currently, 360Energy is actively developing over 15 solar and energy storage (BESS) projects across South America, North America, and Europe.

Thanks to this growth trajectory, the company aims to quadruple its installed capacity over the next five years.