Its role Investor / Financier
Société Générale SA (SocGen, SG) is a French multinational banking group headquartered in Paris. Founded in 1864 and listed on Euronext Paris, the group operates worldwide across retail banking, corporate and investment banking, and financial services, serving corporates, financial institutions, and public-sector clients.
For the chemical and related process industries, Société Générale provides corporate lending; project and export finance for petrochemical, fertilizer, and industrial gas assets; trade and commodity finance; structured and receivables finance; and capital markets and M&A advisory. Its global markets teams offer derivatives and risk management for feedstocks, energy, power and emissions, as well as FX and interest-rate hedging. The bank also delivers cash management, payments, and supply-chain solutions, including sustainability-linked and green financing to support clients’ decarbonization objectives.
Also known as SocGen, Societe Generale Group, and SG.
chemXplore tracks 2 projects involving Société Générale, of which 2 are active.
Closest to start-up first.
London tribunal upholds suspension due to sanctions, orders ~€260m to Tecnimont, rejects €1.6bn counterclaims; Phase 2 will consider injunctions and extra damages.
Facility backs Liverpool Bay CCS (operational 2028; 4.5 Mt/yr rising to 10 Mt by 2030s), funds other projects (L10, Bacton, Ravenna option); 13-bank syndicate; 30% built
Construction complete; commercial operation started. 12 km offshore; ~25‑yr life. Annual output ≈ supply for 800k users. Power sold under long‑term fixed‑price PPA; financed via syndicated loan.
FID taken and financing secured for Kazakhstan wind+BESS project; $1.2B investment (75% external). 25‑yr PPA; ~100 TWh over 25 yrs to power ~1M people. Partners: 60/20/20; Saft supplies BESS.
Board convenes May 29 meeting; renews three directors for 3 years; appoints Slawomir Krupa to replace Mark Cutifani; seeks to raise chair/CEO age limits; submits pay, finance and sustainability items.
€9bn 5‑year revolver with 2‑year extension option refinancing prior €6bn and €3bn lines; provided by 28 banks, ~40% oversubscription, maintains financial flexibility and extends maturity
20MW plant at Milford Haven to produce ~2,000 tpa low‑carbon hydrogen; construction 2026, commissioning early 2028; 15 years of revenue support and HAR1 grant funding.
A new European facility will produce 70,000 tpa of virgin-quality recycled PET for food-grade uses; operation targeted by 2030; licensing and engineering revenues to start in 2026.
active all projects
What each is building and closing, and the pipelines and grids between them, on one map.
