XTCC was awarded the Investor of the Year award in Europe as judges were impressed by the investor’s ability to create financial instruments that support critical environmental projects and contribute to climate resilience.  

Judges felt the Estonia-based investor warranted the award as it stood out for its innovative investments compared with other submissions.   

One judge said: “A blue bond for mangrove restoration is novel. Lots of green financing for renewable energy at the moment but far less supporting restoration / protection of vital ecosystems. There is also a clear commitment to linking performance incentives to environmental impact. Often talked about but not always seen due to difficulties in measuring.” 

Another member of the judging panel said XTCC was “impressive” and “offering innovative solutions to the market”. 

Another judge added that the investor is making biodiversity and carbon investable at scale.  

XTCC issued a $100 million blue bond to fund the restoration of mangrove ecosystems along coastlines. The submission said: “The project aimed to enhance carbon sequestration, protect biodiversity, and support local communities. The bond included innovative performance-based incentives, rewarding investors as environmental milestones were reached. This transaction highlighted XTCC’s expertise in creating financial instruments that support critical environmental projects and contribute to climate resilience.” 

XTCC structured a $100 million green bond to finance various renewable energy projects, focusing on expanding solar and wind capacities. “The green bond attracted investors by offering transparent reporting on the environmental and financial performance of the projects. This initiative demonstrated XTCC’s leadership in leveraging capital markets to accelerate the transition to renewable energy, showcasing the firm’s commitment to fostering a sustainable future,” the submission said.  

Lastly, XTCC issued a $100 million bond to support the development and expansion of wind energy projects. The submission said: “The initiative focused on increasing wind power capacity, enhancing carbon reduction efforts, and promoting sustainable energy infrastructure. The bond was structured with performance-based incentives, offering returns linked to achieving specific environmental and operational milestones. This transaction showcased XTCC’s expertise in crafting financial instruments that drive investment in renewable energy, reinforcing the firm’s leadership in the clean energy sector.”