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.
EDF is updating its Green Financing Framework in line with the best practice in the sustainable finance market, and with its updated corporate strategy.
Green bond documentation
Issue Date | Maturity date | Amount issued | Currency | Coupon | Code ISIN |
---|---|---|---|---|---|
21/01/2025 | 20/01/2030 | 500,000,000 | USD | SOFR + 115bps | FR001400WIO7 |
06/02/2025 | 06/02/2035 | 450,000,000 | CAD | 4.573% | CA268317BG87 |
06/02/2025 | 06/02/2055 | 300,000,000 | CAD | 5.231% | CA268317BH60 |
Green Financing Framework (April 2025)
Based upon best market practices, in line with the Green Bond Principles published by the ICMA (International Capital Markets Association) and the Green Loan Principles published by the LAM (Loan Markets Association). Unless otherwise stated, the Framework aligns to the EU Taxonomy for sustainable activities. This new Green Financing Framework, applicable to future issuances, aims to maintain and extend the existing scope of eligible investments to:
- renewable power projects;
- hydropower generation including biodiversity;
- energy efficiency projects;
- distribution of electricity;
- nuclear power generation within the European Union and within the United Kingdom.
You can find below detailed information on the new EDF Green Financing Framework.
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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EDF Green Financing Framework (July 2022) PDF - 1.14 MB
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.
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EDF Green Bond Framework (January 2020) PDF - 449.17 KB
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Vigeo Eiris Opinion on EDF Green Bond Framework (January 2020) PDF - 625.11 KB
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Presentation of the EDF Green Bond Framework (September 2016) PDF - 915.09 KB
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EDF Green Bond Framework (September 2016) PDF - 1018.31 KB
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Vigeo Eiris Opinion on EDF Green Bond Framework (September 2016) PDF - 387.33 KB
Green Financing at 31 December 2024
Issue date | Instrument | Maturity | Nominal amount | New renewable capacities | Investments in hydro facilities (+ Biodiversity projects) | Distribution of electricity projects(1) | Existing French nuclear reactors(2) |
---|---|---|---|---|---|---|---|
Nov. 2013 | Bond | 7.5Y | 1,400M€ | 1,400 | |||
Oct. 2015 | Bond | 10Y | 1,250M$ | 1,250 | |||
Oct. 2016 | Bond | 10Y | 1,750M€ | 1,248 | 502 | ||
Jan. 2017 | Bond | 12Y–15Y | 26,000M¥ | 14,021 | 11,979 | ||
Sept. 2020 | Bond | 4Y | 2,400M€ | 2,421 |
110 (+28) |
||
Nov. 2021 | Bond | 12Y | 1,850M€ | 1,594 |
189 (+23) |
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Oct. 2022 | Bond | 12Y | 1,250M€ | 1,250 | |||
Jul-2023 | REPO | Evergreen | 565M€ | 565 | |||
Aug-2023 | Bond | 4Y–8Y | 325MCHF | 325 | |||
Nov. 2023 | Bond | 3.5Y | 1,000M€ | 1,000 | |||
May-July 2024 | Bank loans | 3Y-5Y | 6,185M€ | 6,185 | |||
2024 | NeuCP(3) | 5,5M | 412M€ | 36 |
371 (+5) |
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Jun. 2024 | Bond | 7Y - 12Y - 20Y | 3,000M€ | 750 | 97(4) | 1,000 | |
Sept. 2024 | Bond | 5Y-8Y | 310MCHF | 310 | |||
Sept. 2024 | Hybrid bond | NC5-NC8 | 1,150M€ | 1,150 | |||
Sept. 2024 | Hybrid bond | NC11 | 500M£ | 500 | |||
(1) Connection of renewable capacity & of smart meters, new grid lines built.
(2) In relation to their lifetime extension.
(3) Allocation of the maximum amount issued during 2024.
(4) 97M€ have financed 2023 Enedis capex, the 1,153M€ remaining are invested in SRI funds at end-2024
Technology | Total amount (in MEUR eq.) | Total net(1) capacity of financed projects (in MW) | Expected net(1) avoided CO2 emissions (in Mt/year) |
---|---|---|---|
Onshore wind projects | 4,751 | 3,587 | 4.31 |
Offshore wind projects | 1,227 | 399 | 0.58 |
Solar projects | 2,953 | 2,602 | 1.75 |
Hydro facilities | 1,245 | 1,599 | 0.0 |
- Incl. biodiversity projects | 56 | N/A | |
Nuclear: Existing French nuclear reactors in relation to their lifetime extension | 9,927 | N/A | 6.05 |
Technology | Total amount (in MEUR) | Renewable capacity connected (in MW) | VE charging station connected | New grid lines built (in km) |
---|---|---|---|---|
Distribution of electricity projects(2) | 2,210 | 12,419 | 32,126 | 5,907 |
(1) Sum of the impacts of each project weighted by the share of total investment funded by the corresponding Green Bond.
(2) Impact reporting based on KPIs of Enedis on 2021 to 2023.
Find out more about EDF Green Bonds
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EDF Green Bonds - Investor presentation (June 2019) PDF - 1.56 MB
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EDF Green Bonds - Investor presentation (December 2018) PDF - 1.15 MB
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Green Bond site visit at Romanche Gavet - 22/06/2017 PDF - 803.51 KB
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EDF Green Bonds - Investor presentation - January 2017 - EN PDF - 784.41 KB
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Finance - Notice information Oceane 2022-03-18 PDF - 77.88 KB
Social Bonds
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Reporting Social Bond 2021 (page 251) PDF - 11.28 MB
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EDF Social Bond Framework May 19 2021 PDF - 672.82 KB
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EDF Social Bond Framework S&P SPO PDF - 181.36 KB
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EDF Social Bond Framework Presentation - May 19 2021 PDF - 677.08 KB