Winner of the “Infrastructure and Project Finance” award at The Banker’s Investment Banking Awards 2021
The Banker’s Investment Banking Awards recognise top-ranking institutions setting new benchmarks for performance and pushing the boundaries within the financial industry.
The 2021 edition rewarded Crédit Agricole CIB with the “Investment Bank of the Year for Infrastructure and Project Finance” award. Read the below to find out why.
An expert Infrastructure and Project Finance team working towards a more sustainable world…
Our Bank’s Infrastructure and Project Finance franchise is a truly comprehensive platform encompassing Financing, Debt and Equity Advisory, Underwriting and Distribution, Capital Markets, Ratings Advisory and Dedicated Sector Coverage of both corporate and financial clients.
Our Infrastructure and Project Finance team has deep sector knowledge of the industrial sponsor and equity investor base and strong relationships with both commercial banks and institutional investors, abreast of the times identifying new entrants, especially new energy transition, green, impact funds and asset managers searching for investment opportunities. The team’s technical skillset results in advisory mandates on ‘first-of-a-kind’ projects including waste-to-biofuels, green hydrogen, floating LNG, floating offshore wind, floating wind, and floating solar.
Among the team, there are Sustainability Banking Coordinators who liaise with our central Sustainable Banking team and its 100+ network of coordinators around the world to make sure the projects we work on are coherent with our values.
… and achieving landmark transactions despite the Covid-19 crisis
In spite of very volatile market conditions, our Infrastructure and Project Finance team namely managed to contribute to:
- the first major underwritten renewables transaction during lockdown in the form of the €2.4 billion financing for Fécamp offshore wind farm in France;
- the largest offshore wind farm project to date globally with the financing of the £5.5 billion Dogger Bank A and B projects in the UK, contributing to the country’s net zero target;
- the €2.9 billion refinancing of VTG’s existing debt, in compliance with the Green Bond Principles and the Climate Bond Initiative standards for low carbon transportation;
- the acquisition of Wheelabrator UK’s waste-to-energy portfolio for £1.6 billion. The portfolio processes around 2.3m tonnes of waste per year which would otherwise have gone to landfill and potentially generates gross power of 247 MW;
- the largest solely underwritten European project finance transaction in 2020 and the largest fibre-optic/digital infrastructure deal closed during Covid-19 lockdowns with the €1.1 billion fiber to the home (FTTH) financing for SDAIF.