Green bond issued in January 2019

The main eligible projects that were financed in 2019 with the proceeds of the January 2019 green bond issue are presented in the following table.

The main new projects concern the development of solar and wind farms in France and North America. The Group has also acquired Vol-V Biomasse thus becoming the leading biomethane producer in France, with the aim of accelerating the development of this sector in France. The main project allocated in terms of energy efficiency is the acquisition of CertiNergy, which reinforces the Group’s position on energy saving certificates to accelerate the energy transition of companies and communities. In terms of mobility, the green bond of January 2019 has enabled ENGIE to finance various projects presented in the following link (Clean Mobility) and in particular the acquisition of Powerlines, which enables the Group to become a major player in the electrification of rail networks in Europe.

Impact reporting

In the full operation phase, the projects are expected to contribute to avoid emissions of at least 3.43 million tons of CO₂ eq. per year:

• for renewable projects, a minimum of 3.02 million tons of CO₂ eq./year;
• for mobility projects, 0.04 million tons of CO₂ eq./year;
• for energy efficiency projects, a minimum of 0.37 million tons of CO₂ q./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 favours the first method because of its major industrial role in the development of these projects, which leads it not to modify its impact reporting in the event of a sale. However, the contribution according to the three alternative methods is presented at the request of some investors.