Sustainable finance

EDF is a reference issuer in the sustainable finance market: since November 2013, it has issued the equivalent of around €16bn in Green Bonds to support its strategic development. Green Bonds are fully integrated to the Group’s financing policy.

The EDF Group has updated his Green Financing Framework in July 2022 in order to contribute to best market practices, cover a broader range of its activities and comply with European taxonomy alignment.

Green bond documentation

Issue Date Maturity date Amount issued Currency Coupon Code ISIN
17/06/2024 17/06/2031 1,000,000,000 EUR 4.125% FR001400QR62
17/06/2024 17/06/2036 750,000,000 EUR 4.375% FR001400QR70
17/06/2024 17/06/2044 1,250,000,000 EUR 4.75% FR001400QR88
06/09/2024 06/09/2029 155,000,000 CHF 1.56% CH1321508363
06/09/2024 06/09/2032 155,000,000 CHF 1.74% CH1356570312
17/09/2024 Hybrid bond 500,000,000 EUR 5.125% FR001400SMS8
17/09/2024 Hybrid bond 650,000,000 EUR 5.625% FR001400SMT6
17/09/2024 Hybrid bond 500,000,000 GBP 7.375% FR001400SMR0

Green Financing Framework (July 2022)

Based upon best market practices, in line with the Green Bond Principles published by the ICMA (International Capital Markets Association), the Green Bond Standards of the European Union proposed by the Technical Expert Group on sustainable finance and aligned with the European Taxonomy, this new Green Financing Framework, applicable to future issuances, aims to maintain and extend the existing scope of green-bond eligible investments to:

  • renewable power projects;
  • hydropower generation including biodiversity;
  • energy efficiency projects;
  • distribution of electricity;
  • nuclear power generation.

A three-year look-back period has been maintained to include, as a one-off, recent investments now eligible under the new Green Financing Framework.

You can find below detailed information on the new EDF Green Financing Framework.

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Based upon best market practices, in line with the Green Bond Principles (“GBPs”) published by the ICMA (International Capital Markets Association) and the Green Bond Standards of the European Union proposed by the Technical Expert Group (TEG) on sustainable finance, this new Green Bond Framework, applicable to potential future issuances, aims to extend the existing scope of green-bond eligible investments to:

  • renewable energy generation projects such as biomass and geothermal;
  • international hydropower;
  • energy efficiency;
  • biodiversity.

A three-year look-back period has been added to include, as a one-off, recent investments now eligible under the new Green Bond Framework.

You can find below detailed information on the new EDF Green Bond Framework.

Green Financing at 31 December 2023

Allocation and impact reporting
Issue date Tenor Nominal amount incl New renewable capacities Investments in hydro facilities Biodiversity projects Total net capacity of financed projects Expected net avoided CO2 emissions
Nov. 2013 7.5Y 1,400M€ 1,400M€ 976MW 1.55Mt/yr
Oct. 2015 10Y 1,250M$ 1,250M$ 815MW 1.83Mt/yr
Oct. 2016 10Y 1,750M€ 1,248M€ 502M€ 1,865MW 1.62Mt/yr
Jan. 2017 12Y-15Y 26,000M¥ 14,021M€ 11,979M€ 1,219MW 0.13Mt/yr
Sept. 2020 4Y 2,400M€ 2,246M€ 110M€ 28M€ 1,535MW 1.35Mt/yr
Nov. 2021 12Y 1,850M€ 1,594M€ 189M€ 23M€ 1,487MW 1.11Mt/yr
Total 7,897MW 7,59Mt/yr
Issue date Tenor Nominal amount Distribution of electricity projects Renewable capacity connected Number of smart meters New grid lines built
Oct. 2022 12Y 1,250M€ 1,250 5,181MW 5,488,000 2,950km
Jul. 2023 Evergreen REPO 565M€ 565 2,061MW 614,000 1,015km
Aug. 2023 4Y-8Y 325MCHF 325 1,976MW 592,000 1,976km
Issue date Tenor Nominal amount Existing French nuclear reactors (in relation to their lifetime extension) Expected net avoided CO2 emissions
Nov. 2023 3.5Y 1,000M€ 1,000M€ 1.82Mt/yr

Find out more about EDF Green Bonds

Social Bonds

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