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Second Party Opinion: N.V. Nederlandse Gasunie Sustainability-Linked Bond Framework

In our view, Gasunie’s sustainability-linked bond framework, published on Jan. 28, 2025, is aligned with ICMA's Sustainability-Linked Bond Principles. Gasunie operates and maintains infrastructure for the transmission, storage, and conversion of energy in Europe. It currently transports natural gas in the Netherlands and northern Germany. It facilitates the development of technology such as carbon capture, hydrogen infrastructure, the feed-in of green gas, and the construction and management of heat grids. Gasunie is 100% owned by the Dutch state and is headquartered in Groningen, the Netherlands.

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