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Second Party Opinion: Korkia (Methodology of Shades of Green, formerly part of CICERO)

This report was produced by Shades of Green. On December 1, 2022, S&P Global acquired Shades of Green from CICERO.

Korkia Group (“Korkia”) is a privately-owned Finnish investment and advisory company. Under the framework, Korkia will finance or refinance its involvement - which, for now, is limited to the development phase - in projects relating to the generation and storage of electricity from solar photovoltaic and wind, and the manufacture and storage of hydrogen.