Green Finance Framework

The allocation table at year-end 2021 is included. This is the updated version of the table as included in the 2020 Green Finance Report
dated 15 September 2020. Download the Green Finance Framework (GFF).

Allocation table: use of funds available from green financing facilities
€ million
Net carrying amount Weighting factor Weighted sum
Electricity network (distribution network and connections) 3,537 33% 1.181
Total renewable energ 3,537 33% 1.181
Smart meters 530 100.0% 530
Fibre optic network 67 100.0% 67
Total energy efficiency 580 100.0% 580
Duiven office building 67 100.0% 67
Total green buildings 67 100.0% 67
Total green asset portfolio 1,828

 

€ million Instrument (ISIN) Date of issue Maturity date Principal sum
Green bond loan XS1400167133 22/04/2016 22/04/2026 300
Green bond loan XS2014382845 24/06/2019 24/06/2032 300
Green private loan XS2152901315 08/04/2020 08/04/2035 100
Green bond loan XS2187525949 10/06/2020 10/06/2030 500
Total green financing 1,200

The table indicates that the net carrying amount of green assets at 31 December 2021 is €1,828 million. This represents an increase of €356 million since 31 December 2020. As a result, €628 million in green financing capacity was available as at year-end 2021. No new long-term green financing was arranged in 2021.

The weighting factor for the renewable energy asset category as at year-end 2021 has been determined as 33,4% (source: energieopwek.nl). This relates to the share of renewable energy generation in the total production capacity for electricity in the Netherlands. Rather than using green financing for our entire electricity grid, we have decided to invest these funds solely in the part used to transmit green electricity.