Baseload hereby announces that Bondholders representing more than 66 2/3 per cent. (in respect of request 1 in the written procedure) and 50 per cent. (in respect of request 2 in the written procedure) of the outstanding nominal amount of the Bonds have voted yes to the requests to amend the terms and conditions of the Bonds (each request as described in the written of notice procedure). The requisite quorum and majority requirements have therefore been obtained and the amendments proposed in the notice of written procedure shall be deemed to be approved as of 12 March 2020. 

The results of the written procedure will also be sent by regular mail to the Bondholders and be published on the websites of Baseload (www.baseloadcap.se) and Nordic Trustee & Agency AB (www.nordictrustee.com and www.stamdata.com). 

Each Bondholder is eligible to receive a consent fee in an amount equal to 0.50 per cent. of the nominal amount of each Bond held by the relevant Bondholder on the date falling three (3) Business Days from the date hereof. The settlement of the consent fee is expected to occur on 24 March 2020.

For further information, please contact:
Alexander Helling, CEO, +46 73 772 4020, alexander.helling@baseloadcap.com
Johan Edin, CFO, +46 76 466 6921, johan.edin@baseloadcap.com

About Baseload Capital:
Baseload Capital is a specialized investment entity investing in geothermal geothermal power. Baseload works globally with the aim to give Heat Power Operators the financial tools to build and operate renewable geothermal power plants.