Key Impact Points:

• €500 Million Blue Bonds: Saur Group launches the first Blue Bonds in the water sector to fund sustainable water management projects.
• Strategic Water Management: The funds will support initiatives like water production, wastewater treatment, and desalination with minimal environmental impact.
• Investor Confidence: This issuance reinforces Saur’s leadership in the water transition, backed by strong investor confidence in its sustainability vision.

The Saur Group, a global leader in the water sector, has announced the successful issuance of €500 million in Blue Bonds, becoming the first water player to enter the sustainable finance market with this innovative instrument. These Blue Bonds are designed to finance projects aimed at protecting and restoring water resources, further demonstrating Saur’s commitment to sustainable water management.

A Blueprint for Water Sustainability

Inspired by the model of Green Bonds, Saur’s Blue Bonds will fund critical water initiatives such as:

• Production and distribution of water,
• Wastewater collection and treatment, and
• Desalination technologies that minimize environmental impact.

Patrick Blethon, Executive Chairman of the Saur Group, stated:

“By becoming the first issuer of Blue Bonds in the water sector, Saur affirms its leadership and visionary commitment to more sustainable water resource management. This operation sends a clear message to our partners and investors: at Saur, innovation and environmental responsibility are the drivers of our growth.“

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Funding Sustainable Growth

The funds raised will be used to:

• Refinance €450 million in Sustainability-Linked Senior Notes due in 2025, and
• Finance new and existing water projects under Saur’s green and blue financing framework.

This Blue Bond issuance aligns with Saur’s comprehensive sustainable development strategy, which aims to expand its €2.1 billion in 2023 revenue to €4 billion by 2030 by focusing on innovation and sustainable solutions.

Strengthening Investor Confidence

Saur has demonstrated its ability to attract substantial investment for sustainability. In 2021, it became the first French water company to refinance nearly €1 billion in debt via sustainable bonds. This latest Blue Bond issuance further solidifies investor confidence in the company’s long-term vision for water and environmental transition.

With this innovative financial move, Saur continues to lead the global water sector toward sustainable and responsible growth, ensuring the preservation of critical water resources for future generations.