Air Liquide issues a 500 million euros green bond

Air Liquide announces a new €500 million green bond to finance energy transition projects, reinforcing its commitment to sustainable development.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Air Liquide announces the successful issue of a €500 million green bond. The funds raised will be used to finance or refinance energy transition projects, particularly in the fields of low-carbon hydrogen, carbon capture and low-carbon gases. The bond, which matures in ten years, offers a yield of 3.466%. This transaction, largely oversubscribed by investors, was carried out under the Group’s Euro Medium Term Note (EMTN) program.

Air Liquide’s commitment to Sustainable Development

This issue confirms Air Liquide ‘s position as a regular issuer of ESG (environmental, social and governance) securities. By 2021, the Group had already launched its first green bond, marking its entry into the field of sustainable financing. The funds from this new issue will support Air Liquide’s long-term growth under very competitive financial conditions. Jérôme Pelletan, Group Chief Financial Officer, commented: “The success of this second green bond issue illustrates investors’ confidence in Air Liquide’s ability to implement pioneering technologies and projects that contribute to the decarbonization of our activities and the reduction of our customers’ carbon footprint.”

Innovative Technologies for a Low Carbon Society

Air Liquide has mastered various technologies that are essential to the transition to a low-carbon society. Among these, low-carbon hydrogen plays a crucial role, offering a clean alternative to traditional fossil fuels. Carbon capture and low-carbon gases are also key areas in which the Group is investing to reduce CO2 emissions. Air Liquide’s ADVANCE strategic plan inextricably links financial and extra-financial performance and illustrates the Group’s commitment to sustainable development. The projects financed by this green bond will not only support Air Liquide’s economic growth, but also make a significant contribution to the fight against climate change.

Long-term objectives and outlook

Standard & Poor’s and Scope Rating assigned an “A” rating to the issue, while Moody’s gave it an “A2” rating. These positive assessments reflect Air Liquide’s financial strength and the relevance of its investments in sustainable projects. The funds generated by this green bond will be allocated to projects that support the Group’s sustainable development objectives, in line with its commitments to carbon reduction and energy transition. Air Liquide plans to continue playing a leading role in the industry, focusing on innovative and environmentally-friendly solutions.

ABB recorded double-digit growth in sales of equipment for data centres, contributing to a 28% increase in net profit in the third quarter, surpassing market expectations.
UK power producer Infinis has secured a £391mn ($476mn) banking agreement to support the next phase of its solar and energy storage development projects.
The Nexans Board of Directors has officially appointed Julien Hueber as Chief Executive Officer, ending Christopher Guérin’s seven-year tenure at the helm of the industrial group.
JP Morgan Chase has launched a $1.5 trillion, ten-year investment initiative targeting critical minerals, defence technologies and strategic supply chains across the United States.
Amid rising global demand for low-carbon technologies, several African countries are launching a regional industrial strategy centred on domestic processing of critical minerals.
Maersk and CATL have signed a strategic memorandum of understanding to strengthen global logistics cooperation and develop large-scale electrification solutions across the supply chain.
ABB made several attempts to acquire Legrand, but the French government opposed the deal, citing strategic concerns linked to data centres.
Aramco becomes Petro Rabigh's majority shareholder after purchasing a 22.5% stake from Sumitomo, consolidating its downstream strategy and supporting the industrial transformation of the Saudi petrochemical complex.
Chevron India expands its capabilities with a 312,000 sq. ft. engineering centre in Bengaluru, designed to support its global operations through artificial intelligence and local technical expertise.
Amid rising energy costs and a surge in cheap imports, Ineos announces a 20% workforce reduction at its Hull acetyls site and urges urgent action against foreign competition.
Driven by growing demand for strategic metals, mining mergers and acquisitions in Africa are accelerating, consolidating local players while exposing them to a more complex legal and regulatory environment.
Ares Management has acquired a 49% stake in ten energy assets held by EDP Renováveis in the United States, with an enterprise value estimated at $2.9bn.
Ameresco secured a $197mn contract with the U.S. Naval Research Laboratory to upgrade its energy systems across two strategic sites, with projected savings of $362mn over 21 years.
Enerflex Ltd. announced it will release its financial results for Q3 2025 before markets open on November 6, alongside a conference call for investors and analysts.
Veolia and TotalEnergies formalise a strategic partnership focused on water management, methane emission reduction and industrial waste recovery, without direct financial transaction.
North Atlantic and ExxonMobil have signed an agreement for the sale of ExxonMobil’s stake in Esso S.A.F., a transaction subject to regulatory approvals and financing agreements to be finalised by the end of 2025.
The Canadian pension fund takes a strategic minority stake in AlphaGen, a 11 GW U.S. power portfolio, to address rising electricity demand from data centres and artificial intelligence.
Minnesota’s public regulator has approved the $6.2bn acquisition of energy group Allete by BlackRock and the Canada Pension Plan, following adjustments aimed at addressing rate concerns.
The Swiss chemical group faces two new lawsuits filed in Germany, bringing the total compensation claims from oil and chemical companies to over €3.5bn ($3.7bn) in the ethylene collusion case.
Statkraft continues its strategic shift by selling its district heating unit to Patrizia SE and Nordic Infrastructure AG for NOK3.6bn ($331mn). The deal will free up capital for hydropower, wind, solar and battery investments.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.