Air Liquide, a frontrunner in industrial gasses, took a big leap towards a cleaner future with their recent €500 million green bond offering. This innovative financing tool highlights the growing power of sustainable investing to change the game in the energy sector. Let's explore how this exciting move will fuel Air Liquide's projects that are pushing the boundaries for a more sustainable world.
RELATED: Air Liquide Has Successfully Issued a 500 Million Euros Green Bond to Finance the Energy Transition
The green bond boasts a hefty €500 million and a 10-year lifespan, kicking off on May 29, 2024, and reaching maturity in 2034. It offers a competitive interest rate of 3.375% each year. This issuance leverages Air Liquide's established Euro Medium Term Note (EMTN) program, a trusted framework that gives investors peace of mind. This winning combination – a substantial amount, long-term stability, and a promising return – proved irresistible to investors, who snapped up the bonds faster than you can say "green energy!"
The money raised from this green bond will be strategically directed towards financing or refinancing projects that are critical for the energy transition. Air Liquide has set its sights on low-carbon hydrogen initiatives, carbon capture and storage projects, and the development of low-carbon air gasses. These projects directly contribute to shrinking the company's environmental footprint and tackling climate change head-on.
Think about a future powered by clean-burning hydrogen fuel cells. Air Liquide's investment in low-carbon hydrogen initiatives could make this a reality! Similarly, advancements in carbon capture and storage technology have the potential to significantly reduce greenhouse gas emissions. By prioritizing these areas, Air Liquide isn't just securing its own sustainable future, they're paving the way for a cleaner planet for all.
>> In Other News: CHAR Tech Announces Production Run of 500 Tonnes of Pelletized Biocarbon at Thorold Facility
This green bond issuance perfectly aligns with Air Liquide's ambitious ADVANCE plan. This initiative emphasizes the idea that financial success and environmental responsibility go hand-in-hand. Jérôme Pelletan, Air Liquide's Group Chief Financial Officer, puts it this way: "The success of this second green bond issuance shows that investors trust Air Liquide's ability to develop technologies and lead the way in projects that reduce our emissions..." Air Liquide's dedication to driving innovation in sustainable technologies positions them as a leader in the energy transition.
Air Liquide recognizes the importance of looking at the big picture, considering both financial and non-financial factors. While keeping an eye on the cost of capital and expected returns is crucial, the company also places a high value on environmental impact and social responsibility. This integrated approach ensures that Air Liquide's growth is sustainable in the long run, a factor that resonates deeply with stakeholders and investors alike.
The overwhelming response from investors to the green bond issuance underscores the market's confidence in Air Liquide's sustainability efforts. The high credit ratings awarded by S&P, Scope Rating, and Moody's further solidify this trust. This successful offering positions Air Liquide as a frontrunner in the green finance market, paving the way for future sustainable financing initiatives.
Air Liquide's €500 million green bond issuance is a giant leap on the path towards a more sustainable future. The capital raised will fuel groundbreaking projects that have the potential to revolutionize the energy sector. This strategic move not only reflects Air Liquide's commitment to environmental responsibility but also positions the company as a leader in the green finance revolution. As Air Liquide continues to explore and develop sustainable solutions, we can expect even more groundbreaking initiatives in the years to come.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue 💡 Bill Gates-backed Startup Says a Global Gold Rush for Buried Hydrogen is Picking Up Momentum 🌍 Largest Hydrogen Highway to Link America and Europe: 10 Million Metric Tons and a...
Inside this Issue 🌿 Gevo to Acquire Red Trail Energy Assets in North Dakota, Including Operating Low-carbon Ethanol Production and Carbon Sequestration Facilities, Expanding Platform for Sustainab...
Inside this Issue 💡 1PointFive's South Texas Direct Air Capture Hub Awarded U.S. Department of Energy Funding 🔗 H2 Clipper's Patented 'Hydrogen Ledger' Uses Blockchain Technology to Track Purity a...
LATHAM, N.Y., Sept. 18, 2024 (GLOBE NEWSWIRE) – Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has secured an order for 25 megaw...
With funding from ARPA-E, the U.S.-manufactured OSAs will make combined carbon removal and clean hydrogen production more scalable, sustainable, and economical than ever before LOS ANGELES, Sept. ...
Funding Will Accelerate the Production of AIRMADE® SAF, the Company’s CO₂-derived Sustainable Aviation Fuel and other Synthetic Fuels September 18, 2024 07:29 PM Eastern Daylight Time NEW YORK--(...
_1PointFive worked with Carbon Direct to deliver science-based community benefits planning and life cycle assessments for the South Texas DAC Hub._NEW YORK--(BUSINESS WIRE)--Carbon Direct today ann...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.