Enagás links the price of its €1.5 billion syndicated credit line to sustainability

14 January 2020

Enagás has linked the price of its €1.5 billion syndicated credit line to reducing its CO2 emissions by 15% in 2025 compared to 2018. This credit line, which the company has had since 2013, is now aligned with sustainability criteria.

This transaction fits with the company's sustainability strategy, its commitment to energy efficiency and to the transition towards carbon neutrality.

The cost of this credit line, granted by a syndicate of 11 national and international financial institutions and which matures in December 2024, is linked to compliance with the company's decarbonisation targets. The Vigeo Eiris rating agency has issued a positive assessment on this credit's alignment with the “Sustainability Linked Loan Principles” of the Loan Market Association.

Enagás is a leader in its sector in the Dow Jones Sustainability Index (DJSI), the benchmark sustainability index where it appeared once again in September 2019 for the twelfth successive year.

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