Air Liquide Raises €500 Million for Sustainable Growth and Energy Transition Projects
Key Ideas
- Air Liquide's €500 million green bond issuance was significantly oversubscribed, showcasing strong investor confidence in the company's sustainable growth plans.
- Funds will support flagship projects in energy transition, particularly focusing on low-carbon hydrogen and air gases.
- The issuance reiterates Air Liquide's commitment to balancing financial growth with sustainability, aligning with its strategic ADVANCE plan.
- The bond, maturing in March 2035, carries a fixed annual coupon of 3.500%, reflecting Air Liquide's strong market standing and investor trust.
Air Liquide has successfully raised €500 million through a green bond issuance to fund projects in energy transition, specifically targeting low-carbon hydrogen and air gases. The bond, maturing in 2035 with a fixed annual coupon of 3.500%, marks the company's third green bond issuance, following previous successful rounds. Jérôme Pelletan, the Group Chief Financial Officer, highlighted the investor confidence in Air Liquide's business model, especially in the face of market uncertainties. The funds raised will support the company's investment decisions, which have been at record levels in 2024, enabling transformative projects for clients in the energy transition sector. Air Liquide's consistent appeal to top-tier investors is underlined by the bond's ratings by Standard & Poor's, Scope Ratings, and Moody's. The successful issuance emphasizes the company's commitment to financial and environmental sustainability, in line with its strategic objectives.