News & In­sights

Mannheim, 17 September 2025 – PAUL Tech AG (the “Company”) intends to refinance its existing EUR 35 million 2020/2025 bond through the issuance of a new Senior Secured Green Bond 2025/2029.

The roll-out of PAUL Net Zero continues at full speed. On this page, we regularly share updates on current implementations and news regarding PAUL Net Zero. Our message is clear: the heat transition for existing buildings is not only possible — it’s already happening.

The heat transition—i.e., the switch to renewable energies and climate-neutral technologies for heat supply—is a key component of the global energy transition. It affects not only the building sector, but also industrial processes, district heating, and cooling requirements.

The energy transition in Germany will be decided largely in the building sector. This is clearly shown in the latest Market Report 2025 published by the Building Transition Alliance (BGW).

The scientific evidence is clear: heat pumps are superior to fossil fuel heating systems in almost all relevant environmental and climate categories—even under difficult operating conditions.

The transformation of the energy sector affects not only electricity and mobility, but also the heating of buildings. PAUL is promoting a new, innovative model for success in the real estate industry: Heat-as-a-Service. It combines sustainable heating with a predictable financing model.

The heating transition in Germany is facing a decisive phase. While the energy sector has made enormous progress in decarbonization in recent years, the building sector remains one of the largest CO₂ emitters.

Heating is one of the biggest expenses in private households - and the trend shows that things are not getting any better. Since 2020, the cost of almost all heating energy sources in Germany has risen massively.

Mannheim, July 21, 2025 – PAUL Tech AG today published its audited single-entity financial statements for the financial year 2024. Through targeted investments in the development of PAUL Net Zero, PAUL Tech has laid the foundation for its new, emission-free Heat-as-a-Service offering.