Albioma’s Sustainability-Linked Financing Framework has been tied to one Key Performance Indicator (KPI) and its associated Sustainability Performance Targets (SPTs).
Percentage of Renewable Energies (RE) in Albioma’s Energy Mix, with the following targets and trigger events:
- SPT 1: RE in Albioma’s Energy Mix > 80% in 2023,
- SPT 2: RE in Albioma’s Energy Mix > 90% in 2025,
- SPT 3: RE in Albioma’s Energy Mix between 95% and 100% by 2030.
V.E is of the opinion that Albioma’s Sustainability-Linked Financing Framework is aligned with the core components of the Sustainability-Linked Loan Principles (SLLP) and Sustainability-Linked Bond Principles (SLBP) 2020.
V.E has produced more than 260 second-party opinions on sustainable financing operations in Europe, Africa, Americas and Asia. We are a Climate Bonds Standard Approved Verifier.
Albioma is a France-headquartered electricity generation company. The Issuer’s power generation is based on renewable sources (biomass, photovoltaics) and fossil fuels (coal, oil). As of 2019, the Group operated 13 thermal plants and more than 400 photovoltaic plants with a total installed capacity of 941 MW. The Issuer owns power plants in the French overseas departments and Brazil, with a total of around 1 GW of installed capacity at end 2019. Albioma has a minority participation in several power plants located in Mauritius.
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Sustainable Finance Team
Head of Communications
Head of Sustainable Finance Business Development