"ENGIE successfully issues its second Green Bond of €1,5 billion", 16 Mar 2017

To support its ambitious development strategy in renewable energies and energy efficiency, ENGIE issued its second Green Bond of €1,5 billion. The Group reaffirms its commitment and determination to play a leading role in the development of green finance...The bond has two tranches: a 7-year tranche of €700 million with a 0.875% annual coupon, and a 11-year tranche of €800 million with a 1,5 % annual coupon...The proceeds of the bond will be used to finance renewable energy projects such as wind and solar farms, hydroelectric plants, energy efficiency projects and natural resources preservation projects...To be eligible, projects financed must meet a number of environmental and social criteria in eight areas...These criteria were developed by ENGIE, reviewed by Vigeo Eiris and are published on ENGIE website...Bond issue proceeds will be allocated according to a specific traceability procedure that will be verified by an external audit firm...