E.ON successfully issued in the first days of 2024 two tranches of bonds with a combined volume of 1.5 billion euro: 750 million euro bonds maturing in January 2031 and 3.375% coupon and 750 million euro green bonds due January 2036 and a coupon of 3.750%.

“With today’s bond issue, we have set another cornerstone to cover our financing needs for 2024. Investor demand reflects continued confidence in E.ON as a stable, growth- and investment-oriented company. Green bonds allow us to finance sustainable projects that drive further decarbonisation of energy systems. This underlines our position as a key player in the energy transition in Europe,” said E.ON’s CFO Marc Spieker.

The transaction attracted strong investor demand, with a combined order book of more than 4.6 billion euro. Together with the 1.5 billion euro pre-financing from August 2023, E.ON managed, since the beginning of this year, to secure significant parts of the financing requirement for 2024. The income obtained from the green bonds will finance and/or refinance projects eligible greens as defined in the E.ON Green Bond Framework.

Barclays, ING, SMBC and Société Générale acted as active agents in the transaction.