Some examples of gren finance in France and abroad Hybrid buses: Dijon on the road to sustainable energy In 2012, Societe Generale was the leader of the financing of the project to renew and modernise the bus network fleet of the Dijon urban area community in France. The project involves 102 hybrid buses, representing EUR 53 million. This hybrid vehicle contract pertains to design, construction, and partial maintenance. This hybrid technology reduces fuel consumption and CO2 emissions and reduces noise, offering comfort to passengers. Facilities hydropower Societe Generale finances the “Cerro del Águila” project, a run-of-river hydroelectric plant located in the centre of Peru. The launch of commercial events around the project is expected for the second half of 2015, and the total cost is valued at around USD 900 million (EUR 698 million). Once completed, the system will have a facility capacity of around 500 MWh. Energy projects: Societe Generale’s subsidiaries in Serbia and Macedonia rewarded In connection with a ceremony awarding sustainable energy projects held at the end of 2012, the EBRD (European Bank for Reconstruction and Development) honoured Ohridska Banka in Macedonia (ARYM) and Societe Generale Srbija in Serbia, as local partners, for their major role in the support for these projects. In order to promote energy savings, the EBRD finances and rewards companies that put energy cost reduction projects in place. Russia: Rosbank finances 34 projects to reduce environmental risks A partner of the sustainable energy financing programme in Russia initiated by the EBRD, Rosbank funded 34 projects in 2012 for more than RUR 900 million (EUR 22.29 million). These actions saved 67,000 MWh in oil equivalent energy per year and reduced CO2 emissions by 18,500 tonnes per year, which is equivalent to reducing emissions by 45,000 cars and saving 22,000 trees. Oil refinery in Egypt In 2012, Societe Generale participated in the financing of a new oil refinery in Egypt for nearly EUR 2 billion (USD 2.6 billion). The purpose of this new operation is to transform oil residues from Egyptian refineries into cleaner products. The middle distillates and product compounds meet international standards of high quality, and production is intended for the Egyptian domestic market. 14 1 Around EURbillion This is the amount of “green finance” in 2012 at the Group level. They include: ■■mass transit; ■■alternative fuel production plants; ■■hydropower production facilities; ■■facilities producing power from solar panels; ■■production of energy from other renewable energies; ■■vehicles operating on Liquefied Natural Gas (LNG); ■■wind farms; ■■reduction of “polluting” emissions, etc.
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