Colombo, 25 August 2026 – Resus Energy PLC (the “Company”), a prominent player in Sri Lanka’s renewable energy sector, has announced a marginal revision to the allocation of proceeds from its Green Bond Issue 2025. This update, formally communicated to the Colombo Stock Exchange (CSE) on 24th August 2026, ensures transparency and compliance with Section 8, Rule 34(b) of the CSE Listing Rules.
The Green Bond Issue 2025, which successfully raised LKR 1.00 billion, was originally structured with specific objectives outlined in its Prospectus dated 17th June 2025. These objectives aimed to bolster the company’s financial stability and advance its sustainable energy initiatives.
Original Allocation of Green Bond Proceeds
As per the initial Prospectus, the LKR 1.00 billion raised was allocated as follows:
- Objective 1 – Settlement of Term Loans: LKR 240.23 million (24.02% of total proceeds)
- Objective 2 – Settlement of Commercial Papers obtained for the redemption of debentures: LKR 208.06 million (20.81% of total proceeds)
- Objective 3 – Financing Solar Power Projects: LKR 551.71 million (55.17% of total proceeds)
Details of the Revision
The revision stems from a slight variance in the actual settlement amounts for Objective 2. The amount utilized for the settlement of Commercial Papers exceeded the original allocation by LKR 4.8 million. This marginal increase was primarily due to interest accrued on the commercial papers up to their respective dates of settlement in July 2025.
To accommodate this necessary adjustment, the allocation for Objective 1 (Settlement of Term Loans) has been correspondingly reduced by LKR 4.8 million. It is important to note that the total proceeds raised through the Green Bond Issue remain unchanged at LKR 1.00 billion.
Revised Allocation Overview
The table below illustrates the original and revised allocations of the Green Bond Issue 2025 proceeds:
| Objective | Original Allocation | Increase / (Decrease) | Revised Allocation | Revised Percentage |
|---|---|---|---|---|
| Objective 1 – Settlement of Term Loans | LKR 240.23 Mn | -LKR 4.80 Mn | LKR 235.43 Mn | 23.54% |
| Objective 2 – Settlement of Commercial Papers obtained for the redemption of debentures | LKR 208.06 Mn | LKR 4.80 Mn | LKR 212.86 Mn | 21.29% |
| Objective 3 – Financing Solar Power Projects | LKR 551.71 Mn | – | LKR 551.71 Mn | 55.17% |
| Total | LKR 1,000.00 Mn | – | LKR 1,000.00 Mn | 100% |
Commitment to Green Initiatives Remains Unchanged
Resus Energy PLC has reaffirmed that this revision pertains solely to the allocation values among the existing objectives. It does not introduce any changes to the fundamental underlying objectives or the eligible use of the Green Bond proceeds as originally specified in the Prospectus and the applicable Green Bond Framework.
The Company assures stakeholders that the remaining proceeds allocated to Objectives 1 and 3 will continue to be utilized for the settlement of term loans and to finance eligible solar power plants, respectively, in line with its commitment to sustainable development and renewable energy expansion in Sri Lanka. This adjustment has also been duly reflected in the Errata to the Financial Statements published on 20th August 2026.
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