BPCE issues its first green bond

BPCE completed its maiden issue of green bonds for a total amount of €300m and with a seven-year maturity.

In accordance with Green Bond Principles, the issue will be used to finance renewable-energy production projects (wind, solar and biomass) selected by Natixis’ specialist renewable-energy financing subsidiary, Natixis Energeco. The issue proved a big success and finally attracted €1.2bn of demand from over 100 investors.

Abstract from Target 2016, Natixis corporate document