CEZ Loan Linked to ESG Rating

At the end of 2023, CEZ obtained another loan, its second in a row, tied to an ESG rating with the General Credit Bank. The credit line is worth CZK 3 billion.

The first credit line tied to ESG indicators was established by CEZ Group last summer with UniCredit Bank in the amount of CZK 7.5 billion. In April 2022, CEZ issued sustainability-linked bonds as the first listed energy utility in Central and Eastern Europe. The bonds, with a volume of EUR 600 million, i.e. about CZK 14.5 billion, and a coupon of 2.375 percent, are linked to a commitment to reduce emission intensity. The bonds mature in 2027, with the key indicator being the value of the emission intensity of power generation in 2025.