en.Wedoany.com Reported - Engie Chile has once again issued green bonds in the local market, totaling approximately $136 million, with the proceeds to be used for refinancing and financing renewable energy projects and energy storage systems.

The company disclosed through a material event filing with the Financial Market Commission (CMF) that the Series D bonds issued are sourced from a bond line already registered with the Securities Registry. The bonds have a seven-year term with a single principal repayment at maturity, due on May 15, 2033, and carry an annual coupon rate of 2.95%. The issuance was advised by Scotiabank and Banco Santander.

Market demand was strong, with total subscriptions reaching approximately $380 million, representing an oversubscription ratio of 2.8 times. The issuance spread was 77 basis points, reflecting a low risk perception. Following the recent credit rating upgrade to AA, this issuance did not include a new issue premium.

Vincent Sorel, Chief Financial Officer of Engie Chile, stated that this is the company's second issuance in the local market, again in the form of green bonds, demonstrating investor confidence in the company's strategy and financial stability. Achieving this result under favorable conditions, coinciding with the credit rating upgrade, reflects consistent market recognition of the company's credit profile and development trajectory.

This issuance follows the company's first local green bond issuance in September 2025. That initial issuance was also for approximately $136 million, with a 20-year term, an annual coupon rate of 3.60%, and an issuance rate of 3.57% per annum. This issuance also supplements other green financing previously completed by the company, including a $400 million green sustainability loan from the International Finance Corporation (IFC) in June 2023, and two international issuances in 2024: one for $500 million in the U.S. market and another for approximately $225 million in the Swiss market.

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