Natixis' figure of day: 1st


"green bond" issue launched by Groupe BPCE


BPCE launched yesterday its first "green bond" issue.

The issue was completed successfully with more than 100 investors subscribing for a total of 1.2 billion euros. This "green bond" represents a "first" for Groupe BPCE and called on the expertise of BPCE, Natixis and Natixis Energéco.

The funds raised will be used to finance ecofriendly projects elected by Natixis Energéco, a Natixis subsidiary specializing in the funding of renewable energy initiatives.

The projects selected by Natixis Energéco will focus on the design, construction and/or maintenance of renewable energy production units (wind, solar and biomass) located in France. The project-selection process meets a strict set of criteria, using a methodology developed by Natixis and independently appraised by Vigéo.

Every year, Groupe BPCE will publish on its website the list of project selection criteria, the size of the available funding envelope, the eligible projects as well as a series of environmental, social and governance indicators (ESG) presenting, in particular, their impact on the climate. This reporting system will be audited by an independent expert.