Air Liquide Issues 500 Million Euros Green Bond for Energy Transition with Focus on Low-Carbon Hydrogen
Key Ideas
  • Air Liquide's successful issuance of a 500 million euros green bond reaffirms its commitment to combining financial and environmental goals.
  • The proceeds will be used to finance energy transition projects, particularly in the low-carbon hydrogen and air gases sector.
  • The green bond issuance, oversubscribed by investors, demonstrates investor confidence in Air Liquide's business model and market strength.
  • This marks the third green bond issuance by Air Liquide, aligning with the company's strategic plan ADVANCE and focus on sustainability.
Air Liquide has recently completed a successful issuance of a 500 million euros green bond as part of its commitment to advancing the energy transition. The company's strategic plan, ADVANCE, emphasizes the importance of combining financial performance with sustainability efforts. The funds raised from this green bond will be directed towards financing or refinancing key energy transition projects, particularly in the area of low-carbon hydrogen and air gases. This transaction, which marks Air Liquide's third green bond issuance, was met with significant interest from investors, exceeding the initial expectations. The bond was issued under the Euro Medium Term Note programme and raised 500 million euros with a 10-year maturity. Jérôme Pelletan, the Group Chief Financial Officer, highlighted the importance of this green bond issuance in supporting the company's investment decisions, especially in the realm of energy transition. The funds will enable Air Liquide to implement transformative projects that cater to both the company's objectives and those of its clients. The rating agencies Standard & Poor's, Scope Ratings, and Moody's have assigned favorable ratings to this green bond issuance. The positive reception from investors and the high demand for the bond underscore the market's confidence in Air Liquide's business model and commitment to sustainability.
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