Tehran Securities Exchange (TSE) officially announced the successful completion of the underwriting process for "Rahbord Energy Farda Project Investment Fund”, traded under the ticker "Solar" on Saturday, 20 June 2026.
The fund successfully raised approximately IRR 998 billion to bolster renewable energy infrastructure. The underwriting phase saw robust participation from the retail market, with over 5,000 individual investors contributing to the fund.
By facilitating this specialized financing, the fund aims to bridge the infrastructure gap in the local clean energy sector. Expected outcomes include increased clean power generation and job creation throughout the renewable energy supply chain.
This milestone aligns with TSE’s broader strategic focus on sustainability over the last two years. TSE has taken a proactive role in promoting corporate sustainability reporting, encouraging listed companies to integrate Environmental, Social, and Governance (ESG) standards into their business models.
Leveraging increased transparency and accountability, the Exchange seeks to further institutionalize sustainable practices and attract more capital toward environmentally responsible ventures, positioning the market as a key driver of Iran’s green economic transition.
Specifically, the fund’s proceeds will be utilized to construct two solar power plants in South Eastern Sistan & Baluchestan province, with a total capacity of 40 MW. Each plant will have an approximate capacity of 20 MW and is slated for construction in the cities of Mirjaveh and Khash.
