Air Liquide Issues €500m Green Bond for Energy Transition Projects
Key Ideas
  • Air Liquide issued a €500m green bond for energy transition projects, including low-carbon hydrogen and carbon capture, showing investor confidence.
  • The bond will fund flagship energy transition and sustainable projects, aligning with the company's focus on decarbonisation.
  • The company plans to use the proceeds to finance or refinance projects like retrofitting grey hydrogen plants with carbon capture units and expanding electrolyser capacity.
Air Liquide has issued a new €500m green bond to finance its energy transition projects, focusing on low-carbon hydrogen, carbon capture, and low-carbon air gases. The bond, with a 10-year maturity and a yield of 3.466%, was well received by investors, demonstrating confidence in the company's capabilities. This issuance marks the second green bond from Air Liquide, following a previous €500m bond in 2021. The company intends to use the raised funds to support flagship energy transition and sustainable projects, particularly in the areas of low-carbon hydrogen and carbon capture. The move aligns with Air Liquide's commitment to decarbonisation, as seen in their plans to retrofit a grey hydrogen plant with a carbon capture unit in the Port of Rotterdam. Additionally, the company recently inaugurated a multi-gigawatt electrolyser factory in partnership with Siemens Energy to expand hydrogen production capacity. This green bond issuance reflects a positive sentiment towards Air Liquide's focus on sustainable initiatives and technology-driven decarbonisation efforts.
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