And three. The giant energy Engie, a pioneer of “green bonds” in France, has issued on Tuesday its third bond loan “green”, for an amount of 1.25 billion euros. Since 2014, the ex-GDF Suez issued a total of 5.25 billion euros in green bonds.
“This loan will contribute to financing the Group’s development in renewable energy projects, energy efficiency and preservation of natural resources, but also R&D investments in these domaineset taken participationsdans desprojets of the fund of the social impact of ENGIE “Allowed Energies” a “, indicates the group in a press release.
Iberdrola well placed
This issue has been the subject of an “unqualified opinion”, the firm Vigeo, Eiris on its compliance with the Green Bond Principles. Engie was also announced on Wednesday a partnership with the investment fund of Dubai’s Abraaj to develop wind power projects in India.
The obligation green has a slice of € 500 million with a term of 5 years and 5 months and a second of $ 750 million with a maturity of 11 years and 5 months. The power group has also issues another tranche bond “non-green” for 750 million euros with a maturity of 20 years. In a context of very low interest rates, Engie did not conceal that he ” took advantage of market conditions to extend the average duration of its debt at favourable conditions. “
The biggest issuer of corporate bonds green last year, the power group Spanish Iberdrola has issued its sixth green bond in early September, for 750 million euro, bringing to 3,950 billion euros of the total loan green issued since 2014.