📈 WindForce PLC Proposes Rs. 4 Bn Green Bond Issue

Renewable energy leader WindForce PLC has announced plans to raise Rs. 4 billion through a strategic Green Bond issuance to strengthen its financial position and support sustainable growth. • Issue Details: The Board proposes issuing 40 million listed, rated, senior, unsecured, redeemable Green Bonds at a par value of Rs. 100 each. • Regulatory Status: The issuance is subject to necessary regulatory approvals; specific details regarding tenure and interest rates are to be disclosed at a later date. • Financial Position: As of December 2025, the company’s balance sheet stood at Rs. 43.3 billion, featuring retained earnings of Rs. 6.1 billion. • Debt Profile: The move follows a reported debt structure of Rs. 8.5 billion in long-term borrowings and Rs. 2.52 billion in short-term obligations. • Market Reaction: Shares of WindForce closed at Rs. 44.80 (down Rs. 0.20) following the announcement. This initiative highlights the increasing use of green financing instruments in Sri Lanka’s renewable energy sector to manage capital structures and support long-term decarbonization goals.