Enagás S A : Enagás extends its 1.55 billion sustainable syndicated credit line until 2028

Press release

Enagás extends its 1.55 billion sustainable syndicated credit line until 2028

Madrid, 26 January 2023. Enagás has signed an extension of the maturity of its 1.55 billion euro syndicated credit facility (RCF) until 2028 with 12 financial institutions and has maintained its commitment to link the economic conditions to compliance with environmental indicators. With this operation, the company reinforces its commitment to achieve carbon neutrality by 2040.

The key indicators are in line with Enagás' carbon emissions targets for 2030: the progressive reduction of Scope 1 and 2 emissions to achieve a 74% reduction in 2030 compared to 2014 and a 25% reduction in Scope 3 emissions in 2030 compared to 2021.

This transaction is in line with the company's sustainability strategy, its commitment to energy efficiency and its commitment to the transition towards carbon neutrality, reinforcing the compliance with the strategic plan presented by the company in July 2022.

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