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Company & Organisation News - 08/12/2020

V.E provides a Second Party Opinion on Albioma’s Sustainability-Linked Financing Framework

V.E provides a Second Party Opinion on Albioma’s Sustainability-Linked Financing Framework created to issue Sustainability-Linked Instruments and established in compliance with the LMA’s Sustainability-Linked Loan Principles (May 2020) and the ICMA’s Sustainability-Linked Bond Principles (June 2020)

Albioma’s Sustainability-Linked Financing Framework has been tied to one Key Performance Indicator (KPI) and its associated Sustainability Performance Targets (SPTs).

KPI : 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.

Sustainable Finance Team |


For more information on this mission and V.E’s SPO services for Bonds and Loans:

Amelie Nun
Head of Communications

Benjamin Cliquet
Head of Sustainable Finance Business Development


About V.E

V.E is a global leader in ESG assessments, data, research, benchmarks and analytics. Leveraging our extensive proprietary database, we equip market players with the ESG insight they need to manage risks and better understand and address their social and environmental impact. Since 2019, V.E has been an Affiliate of Moody’s Corporation. V.E has an industry unique ISO 9001: 2015 quality certification for its processes relating to methodology, assessments, sale and delivery of its data to all types of investors and issuers. V.E is a Climate Bonds Initiative Verified Provider of Second Party Opinions. With a team of nearly 300 experts of 30 different nationalities, V.E is present in Paris, London, Brussels, Casablanca, Hong Kong, Milan, New York, Rabat and Santiago.

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