Air Liquide has successfully issued a €500 million ($546 million) green bond to finance sustainable energy transition projects, reinforcing its commitment to low-carbon hydrogen and air gases. The bond aligns with the company’s ADVANCE strategic plan, which integrates financial performance with environmental sustainability.
This marks Air Liquide’s third green bond issuance, following similar transactions in 2021 and 2024, both of which were fully allocated. The latest issuance was significantly oversubscribed, highlighting strong investor confidence in the company’s sustainable financing strategy.
Green bond key financial details:
- Bond size: €500 million
- Maturity period: 10 years
- Annual yield: 3.570%
The bond was issued under Air Liquide’s Euro Medium Term Note (EMTN) programme and will support decarbonisation projects, including investments in hydrogen infrastructure and carbon capture technologies.
Jérôme Pelletan, Group Chief Financial Officer commented, “This new green bond issuance, coming less than a year after our previous one, confirms the strength of our market signature in a period of economic uncertainty. It once again reflects investor confidence in our robust business model. The funds raised will support our record investment decisions in 2024, enabling us to implement transformative projects with and for our clients, particularly in the field of energy transition.”
How this green bond supports decarbonisation goals
With operations in 60 countries and a workforce of 66,500 employees, Air Liquide aims to achieve carbon neutrality by 2050. The green bond will finance projects that:
- Reduce industrial carbon emissions
- Develop low-carbon hydrogen production
- Enhance energy-efficient air gas solutions
- Accelerate renewable energy investments
This latest green bond strengthens Air Liquide’s sustainable investment strategy, supporting global decarbonisation efforts while maintaining strong financial performance.
