FOR IMMEDIATE RELEASE
Date: 14 August 2025
Moody’s Assigns Army of the Tread SQS2 Sustainability Quality Score for Green Bond Framework
Las Vegas, Nevada — Army of the Tread today announced that Moody’s Ratings has assigned its Green Bond Framework a SQS2 Sustainability Quality Score, reflecting “very good” alignment with the principles and objectives of sustainable finance. This independent Second Party Opinion (SPO) affirms the company’s commitment to transparency, environmental stewardship, and credible green investment practices.
The SQS2 designation is among the highest Sustainability Quality Scores issued by Moody’s, indicating that Army of the Tread’s proposed use of proceeds, project selection, and management of funds align strongly with recognized international standards, including the International Capital Market Association (ICMA) Green Bond Principles.
A Strategic Milestone for Green Bond Investors
The SQS2 rating arrives at a pivotal moment in Army of the Tread’s capital markets strategy. The company is currently undertaking a minimum $25 million Green Bond Raise, secured by physical EV charging infrastructure assets, to accelerate deployment of its high-speed charging hubs.
The SPO from Moody’s provides institutional and private investors with an independent, globally recognized assessment of the environmental integrity of Army of the Tread’s bond framework. This third-party verification is increasingly seen as an essential benchmark in sustainable finance, providing confidence that green bond proceeds will fund projects with measurable environmental impact.
Ron Jones, Founder & CEO of Army of the Tread, stated:
“The SQS2 rating from Moody’s underscores our serious commitment to building a charging infrastructure network that meets both the highest technical standards and the highest sustainability benchmarks. Investors can be confident that the projects financed under our framework will deliver tangible, measurable benefits for both the environment and the communities we serve.”
View Moody’s Summary and Request the Full Report
Moody’s has published a public abstract of the SPO, available here: Moody’s Ratings – Army of the Tread Green Bond Framework (https://www.moodys.com/research/Army-of-the-Tread-Second-Party-Opinion-Green-Bond-Framework-Second-Party-Opinion–PBC_1448965#290612199861c31d1036b185b4e69b75).
To review the complete Second Party Opinion, including detailed scoring methodology, evaluation criteria, and project assessment, please click here (https://armyofthetread.nl/moodys-credit-assessment-sqs2/).
About Army of the Tread
Army of the Tread is a clean transportation infrastructure company focused on accelerating electric vehicle adoption through the development of high-speed charging hubs. With a scalable, capital-efficient deployment model, Army of the Tread is committed to delivering sustainable, profitable solutions for the mobility transition while aligning with rigorous ESG standards.
About Moody’s Ratings
Moody’s Ratings is a leading provider of credit ratings, research, and risk analysis, offering objective, independent assessments of debt instruments and sustainability frameworks. Assignment of an SQS2 Sustainability Quality Score does not constitute an endorsement or investment recommendation.
Media Contact:
Investor Relations
Army of the Tread
Email: investors@armyofthetread.nl
Website: www.armyofthetread.nl
