Corporate Social Responsibility societe generale group 2013 Responsible finance Rail transport: financing of the Nîmes – Montpellier line The Nîmes-Montpellier rail bypass is a 25-year Public-Private Partnership developed by Réseau Ferré de France (RFF) and OC’VIA, a consortium of industrial (Bouygues, Colas, Alstom, SPIE Batignolles) and financial investors (Meridiam Infrastructure and FIDEPPP). Leading bank in PPP private financing and the high-speed rail network, Societe Generale participated in this project’s first financing plan, particularly as financial advisor, structuring bank, etc. This high-speed line is the third rail project financed by the investment bank after the Tours – Bordeaux and Le Mans – Rennes projects. The project will shorten the travel time between Paris and Montpellier by 20 minutes and reduce road transport by 3,000 heavy trucks per day on the highways. During the construction period, the project will generate around 6,000 jobs per year until 2017, the year in which the line is scheduled to be put into service. Societe Generale Expressbank (SGEB) contributes to the revitalisation of six large Bulgarian cities In 2012, Societe Generale Expressbank (SGEB), the Bulgarian subsidiary of the Societe Generale group, along with the European Investment Bank (EBI), manager of the JESSICA investment fund for Bulgaria and the European Regional Development Fund (ERDF), signed an agreement creating an Urban Development Fund (UDF) that will invest in urban projects carried out in six major Bulgarian cities. In the next four years, this UDF will invest around EUR 18.8 million allocated by the JESSICA investment fund and around EUR 37.6 million additional in equity in urban projects carried out (EUR 56.4 million in total). The UDF will be invested in any project having the potential to improve and modernise the urban environment, such as viable urban redevelopment operations intended to strengthen competitiveness, the capacity for social integration, and the viability of urban areas. Societe Generale supports the supply of refined energy products in Mauritania In December 2012, SG Corporate and Investment Banking and the International Finance Corporation (IFC) participated in the financing of 400 million USD (EUR 304.564 million) for an energy supply project in Mauritania for a period of two years. The project will expand the share of the population with access to energy and avoid soaring prices, which is essential for a country that depends heavily on oil product imports and where 46% of the population lives below the poverty line. This financing will also ensure the continued involvement of private sector operators (mainly SMEs) in Mauritania in the transport, distribution, and marketing of energy products. This financing was awarded Deal of the Year by Trade Finance Magazine and Trade and Forfaiting Review. 13 www.csr.societegenerale.com Nîmes Montpellier Perpignan Avignon Béziers Narbonne Sète Existing rail network Future high-speed line Existing high-speed line Lattes Manduel Deal of the year award
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