EDF : Successful launch of EDF's first Green Bond

EDF (A+ S&P / Aa3 Moody's / A+ Fitch) launched today the first Green Bond in euros by a large corporate. With a maturity of 7.5 years, denominated in euros, a total amount of 1.4 billion euros and an annual coupon of 2.25%, this issue was twice oversubscribed and was a great success among institutional investors. This strong demand specifically came from investors integrating environmental, social and governance ("ESG") criteria in their investment decisions and which accounted for 60% of the issuance allocation. Through this transaction, the Group has over achieved its objective to attract new investors.

The funds raised will be exclusively dedicated to financing future renewable energy projects led by EDF Energies Nouvelles, a wholly-owned subsidiary of EDF since 2011. For this inaugural issue, EDF made a dual innovative commitment, both in terms of project eligibility criteria and fund allocation. The selected projects will have to comply with the eligibility criteria drawn up by the Vigeo⁽¹⁾ rating agency, which cover five areas related to environmental and social impacts⁽²⁾. The funds allocated will be subject to a unique traceability process. The eligible projects and their use of funds will be annually disclosed by EDF and verified by Deloitte and Associates, which will publish an attestation report on the fulfilment by EDF of its commitments.

In 2012, EDF dedicated almost two billion euros in gross investment to renewable energies leading to 1,550 MW in new commissioned capacity. With gross installed capacity of 6.4 GW as of the end of September 2013, EDF Energies Nouvelles has become a global leader in renewable energies and the platform of excellence to roll out the Group's strategy in this area.

Through this issuance, EDF wanted to involve environmental and social conscious investors with renewable energies financing, enabling them to finance EDF Energies Nouvelles' projects, which meet best practices in corporate responsibility.

This initial transaction is a major commitment by the Group and paves the way for new channels of financing for other EDF businesses, such as hydropower, where the Group is already a leader in Europe, and energy services.

(1) Vigeo is a European leader in ESG rating (Environmental, Social and Governance)
(2) The 5 ESG criteria are as follows: Civil rights and Governance assessment of country location of the projects; Management of environmental impacts; Protection of workers' health and safety; Promotion of responsible supplier relationship; Dialogue with local players.

EDF group, one of the leaders in the European energy market, is an integrated energy company active in all areas of the business: generation, transmission, distribution, energy supply and trading. The Group is the leading electricity producer in Europe. In France, it has mainly nuclear and hydropower generation facilities where 95.9% of the electricity output is CO2-free
EDF's transmission and distribution subsidiaries in France operate 1,285,000 km of low and medium voltage overhead and underground electricity lines and around 100,000 km of high and very high voltage networks. The Group is involved in supplying energy and services to approximately 28.6 million customers in France. The Group generated consolidated sales of €72.7 billion in 2012, of which 46.2% outside of France. EDF is listed on the Paris Stock Exchange and is a member of the CAC 40 index.