(ANSA) – ROME, JUN 09 – Enel yesterday launched a multi-tranche “Sustainability-Linked Bond” on the US and international markets for institutional investors for a total of $ 3.5 billion, equivalent to approximately $ 3 billion. 3 billion euros. This was announced by the energy group, stating that the issue has received redundant requests for more than 2.5 times.
“The bond is linked to the achievement of Enel’s sustainability objective relating to the reduction of direct greenhouse gas emissions (Scope 1)”, explains Enel. For the first time ever for a multinational energy group, a bond issue is tied to a trajectory of complete decarbonisation.
“With this new ‘Sustainability-Linked Bond’ we are further accelerating towards the achievement of our sustainable finance objectives and fully implementing the concept of Stakeholder Capitalism”, commented Francesco Starace, CEO of the Enel Group. “The creation of long-term value will only be possible if it is based on business models that are sustainable and take into account all the stakeholders. This operation, the first of its kind launched by a multinational energy group, also has a related tranche to the Enel Group’s goal of achieving zero direct greenhouse gas emissions by 2040. The transaction will contribute to the path of reducing the cost of debt planned for the period 2022-2024, to the implementation of our Strategy, which will benefit everyone our stakeholders, and the energy independence of the countries in which we operate. ” (HANDLE).
Source: Ansa
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