Green bond issued in January 2018

The main eligible projects, financed in 2019 by the proceeds of the green bond issue of January 2018, are presented in the following table:

Supplemented by a part allocated in 2018

The main new projects concern the development of solar and wind farms on all the continents where the Group is present. In addition to the countries where the Group has a platform for the development of renewables (France, Belgium, USA, Mexico), ENGIE inaugurated in 2019 the largest wind farm in Egypt, strengthened its presence in Spain and announced the commissioning of the Kathu thermodynamic solar power plant, one of the largest renewable energy projects in South Africa. Financing also contributed to the first floating wind farm in continental Europe and to the acquisition of Mobisol which enabled ENGIE to become the leader in the off-grid solar market.

Impact reporting

In the full operation phase, the projects are expected to contribute to avoid emissions of at least 3.39 million tons of CO₂eq. per year:

• for renewable projects, a minimum of 3.30 million tons of CO₂eq./year;
• for energy efficiency projects, a minimum of 0.09 million tons of CO₂eq./year.

Contributions to reduced or avoided emissions are presented in the following table, using different weighting methods:
a) at 100% regardless of the Group’s ownership rate and the nature of the capex
b) according to the Group’s ownership rate and regardless of the nature of the capex
c) at 100% considering only development capex
d) according to the Group’s ownership rate and taking only the development capex

ENGIE privilégie la première méthode du fait de son rôle industriel majeur qui le conduit à ne pas modifier son rapport d’impact en cas de cession. Ceci étant, la contribution selon les trois méthodes alternatives est présentée à la demande de certains investisseurs.

ENGIE favours the first method because of its major industrial role in the development of these projects, meaning it does not adjust its impact reporting in the event of a sale. However, the contributions according to the three alternative methods are presented at the request of some investors.