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Enterprise News - 26/09/2017

Vigeo Eiris’ second party opinion of the 3rd Green Bond issued by ENGIE.

The issuance, worth 2 billion euros, joins two previously issued Green Bonds - totalling 5.25 billion Euros of green bonds issued by the French company since 2014.

This new sustainable issuance confirms the Group’s commitment to play an active role in supporting energy transition and the development of green finance. The Green Bonds’ global framework is unchanged since the previous issue in March 2017.

Thus, this sustainable bond will contribute to the financing of the Group’s development ‘in renewable energy or energy efficiency projects, and in natural resource preservation projects, as well as R&D investments in such areas and equity participations in projects of the social impact ENGIE fund “Rassembleurs d’Energies”.’

With an average maturity of 13.1 years and an average coupon of 1.36% for the 3 tranches issued on September 19 2017, the Group ‘takes advantage of the current favorable-rate environment to lengthen the duration of its debt at very attractive conditions’.

As with the previous issuance, this bond has been subject to Vigeo Eiris’ second party opinion. Vigeo Eiris has evaluated this Green Bond and provides its conclusions, in particular on the environmental purposes, its contribution to sustainable development and the responsible management of the issuance, aligned with Green Bond Principles.

Keywords : Green bonds