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
07/05/2025 07/05/2032 750,000,000 EUR 3,250% FR001400ZGF2
07/05/2025 07/05/2037 1,000,000,000 EUR 4,000% FR001400ZGE5
07/05/2025 07/05/2045 500,000,000 EUR 4,625% FR001400ZGD7

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.

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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 2024

Allocation and impact reporting
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)
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)
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

Social Bonds

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