Published by Jessica Weisman-Pitts
Posted on November 8, 2021
1 min readLast updated: January 28, 2026
Natixis CIB and Enel link forex derivatives to sustainability targets, supporting Enel's renewable capacity goals with innovative financial solutions.
Natixis Corporate & Investment Banking (Natixis CIB) and Enel have reached an agreement to link foreign exchange derivatives transactions between the parties to Enel’s medium-to-long term sustainability targets in accordance with Enel’s existing Sustainability-Linked Financing Framework.
Under the framework, FX options, forwards and swaps executed between Natixis CIB and Enel accumulate a sustainability incentive that Natixis CIB will transfer to Enel upon its achievement of its December 2022 renewable consolidated installed capacity objective, to be verified by an independent third party.
Julien Duquenne, Co-Head of Green & Sustainable Finance, Origination & Advisory, EMEA, Natixis Corporate & Investment Banking said: “We are proud to support Enel in reaffirming its core strategic principles and pursuing its ecological transition by providing an innovative financial solution to align its forex derivatives transactions with its sustainable principles.”
Cristiano Marinoni, Senior Solution Sales, Italy and Laurent Guillaume, Expert Leader FX Financial Engineering at Natixis Corporate & Investment Banking said: “Through this agreement with Enel, Natixis further cements its positioning as a go-to financial partner for its clients’ energy transition strategies, extending it for the first time to foreign exchange market activities.”
The main topic is the agreement between Natixis CIB and Enel to link foreign exchange derivatives to sustainability targets.
The agreement supports Enel by aligning forex transactions with its sustainability goals, enhancing its renewable capacity.
The framework involves FX options, forwards, and swaps, providing innovative financial solutions for ecological transition.
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