Stephen Jennings, Head of Energy and Natural Resources EMEA, has been ranked 33rd in A Word About Wind's European Power List 2021, which showcases European wind's 100 most influential people.
A Word About Wind provides intelligence, insight and connections to senior decision makers working on the financial side of the wind industry and worked with independent judges to form the top 100 list.
MUFG are one of the leading providers of finance to renewable energy projects across EMEA, and Stephen and his team have played crucial part in navigating complex transactions across a range of regulatory environments. MUFG are committed to delivering sustainable solutions to help contribute to the supply of clean energy while ensuring innovative financing to meet the needs of our clients, as evidenced by leading roles on landmark transactions including:
- Hornsea 1, which will power more than 1,000,000 UK homes.
- Neart na Gaoithe (NnG) offshore wind farm in Scotland, the power of which will be enough to supply around 375,000 Scottish homes, offsetting over 400,000 tonnes of CO2 emissions each year.
- Saint-Nazaire Offshore Wind Farm, the first offshore wind project to reach financial close in France.
- Seagreen 1 offshore wind farm located off the Angus Coast in Scotland, a £3.0 billion project which will be amongst the first offshore wind projects to be equipped with 10MW turbines whilst raising limited-recourse financing.
Stephen Jennings commented:
"It is fantastic for the achievements of the team to be recognised in this way and great to see MUFG acknowledged as being so influential in this market.
"To feature alongside so many of our top clients who we support on such a diverse range of projects is a great honour and testament to the dedication, professionalism and expertise of our team."
Richard Heap, Editor-In-Chief, A Word About Wind, said:
"Europe's leading wind companies have handled the unprecedented upheaval caused by Covid-19 superbly, especially as the pandemic has immediately followed slowdowns in key markets and a global profitability squeeze.
"The resilience of wind in 2020 and 2021 has happened in no small part due to the leadership of the individuals that we are celebrating in this European Power List, and their leadership will remain crucial to the continued growth and evolution of wind in Europe in the years ahead."