MUFG today announces that it has earned the top spot for global Lead Arranger in financing clean-energy and energy-smart technologies. The ranking, released as part of Bloomberg's annual New Energy Finance league table, places MUFG as No. 1 among private sector banks for the third consecutive year.
One of the world's leading financial institutions, MUFG has a strong history as a Lead Arranger among private sector banks, claiming the top spot in the Bloomberg rankings for seven of the past nine years and leading all lenders (public and private) in 2013. In 2018, MUFG financed 59 projects for a total of $3.94 billion in credits and a market share of 5.78%, the Bloomberg results indicate.
Carol Gould, Head of Power and Renewables at MUFG in EMEA, said:
"MUFG has long been the global leader in project finance, involved in some of the largest and most notable deals of the past decade, and I am proud that our work in the clean energy space is continuing along a similar trajectory.
"In the EMEA region, we have worked on a number of notable projects in the last 12 months, including the acquisition of Hornsea One - the world's largest wind farm. In that same time period, we have invested almost £1 billion into the offshore wind farm sector – a clear statement of our commitment to financing green projects around the world."
According to Bloomberg, MUFG played a role in six of the 2018's top 10 global renewable deals, including:
- Galloper Offshore Wind Farm -
- Hornsea Project One Offshore Wind Farm Global Infrastructure Partners
- Dudgeon East Offshore Wind Farm
- Moray Firth Offshore Wind Farm
- Triton Knoll Offshore Wind Farm