Crédit Agricole CIB wins 12 Project Finance International Awards!

Crédit Agricole CIB won 12 prizes at the Project Finance International (PFI) 2020 Awards, including 'European Bank of the Year' and 'Green Deal of the Year 2020'.

European Bank of the Year

At the 2020 edition of its annual awards, Project Finance International (PFI), the world's leading magazine in the industry, named Crédit Agricole CIB 'European Bank of the Year'. Jean-François Grandchamp des Raux, Global Head of Energy and Infrastructure, and Jamie Mabilat, Global Head – Syndicated Loans, comment on this prestigious award:
 

Jean-François Grandchamp des Raux

“We are delighted to receive this prestigious award, which attests to the strength of Crédit Agricole CIB's structured financing solutions in current market conditions. It is particularly rewarding for our teams who have worked harder than ever to serve our clients in these difficult times.”

Jean-François Grandchamp des Raux, Global Head of Energy And Infrastructure

 

 

Jaime Mabilat

“By combining the expertise of our structured financing teams and our solid distribution capacity, we stood out with leading roles on these major deals this year. Winning the European Bank of the Year award reflects the efforts of all our financing and syndication teams and we are delighted to have been able to continue serving our clients without interruption despite the health crisis.”

Jamie Mabilat, Global Head of Syndicated Loans

 

 

Green Deal of the Year 2020

Crédit Agricole CIB also won the Green Deal of the Year 2020 award for the Dogger Bank transaction providing financing for a 2.4 GW offshore wind project sponsored by Equinor, SSE and ENI in the United Kingdom. This is the world’s largest offshore wind project.

Deals of the Year by region

Photo of an offshore wind farm, a brige and boats

PFI also announced Deals of the Year by region, confirming our expertise in project financing:

In the Americas:
 

  • North American Deal of the Year for Highlander Solar, a greenfield solar project in Virginia, sponsored by sPower, an AES company, and entirely contracted with a group of highly rated corporate off-takers anchored by Microsoft and Apple. With a nameplate capacity of 485MWac, the project will be the largest solar project east of the Mississippi and 5th largest in the US.
  • Power Deal of the Year for the CPV Competitive Power Ventures financing totalling USD 875 million for CPV 3 Rivers, a 1,258 MW greenfield combined cycle gas power plant located in Illinois.

 

In Asia-Pacific:
 

  • Renewables Deal of the Year for Changfang and Xidao (“CFXD”), the 589 MW offshore wind farm in Taiwan sponsored by Copenhaguen Infrastructure Partner.
  • Oz Transport Deal of the Year for the WestConnex Refinancing of the WestConnex M4 motorway by the Sydney Transport Partners consortium.
     

In Europe:
 

  • PPP Deal of the Year for the A465 A 35-year PPP awarded by the Welsh government to a consortium comprising Meridiam and FCC for the upgrading and operation of 17 km of the A465 road.
  • Green Deal of the Year for the financing for the 497 MW Fécamp offshore wind farm developed by a consortium comprising EDF Renouvelables, Enbridge CPPIB and WPD.
  • Fibre Deal of the Year for project Astérix. Vauban Infrastructure Partners and Bouygues Telecom have joined forces to roll out fibre optic technology in medium population density areas of France (project Astérix).
  • Petchem Deal of the Year for the EUR 11.4 billion project financing for the Amur Gas Processing Plant located in Far-Eastern Russia and 100% sponsored by Gazprom.
     

In the Middle-East and Africa:
 

  • Solar Deal of the Year for the Al Dhafra project, the financing for a 2 GW independent solar plant in Abu Dhabi sponsors are EDF Renouvelables and Jinko Power. This is the world’s largest Solar PV project.
  • Infrastructure Deal of the Year for Project Galaxy, the US$ 8.0 bn bridge-to-bond financing for the acquisition by a consortium of six investors of a 49% interest in the long term lease of natural gas assets in Abu Dhabi owned and operated by ADNOC.
     

 

Find out more on the PFI Awards website.