Facts and Figures

Sustainable Banking

Corporate Banking & Securities: Renewable energies and CleanTech

The volume of renewable energy and cleantech deals reported is affected by the number of confidential deals (which are excluded from the reported numbers) and sector activity.

Volume of transactions in € m.

2013 2012 2011
Public merger and acquisition*  - 2,200 5,435
Equity and debt 5,512 231 2,290
Project finance* 2,595 1,916 2,117

Examples

Advisory The sale of the smart meter company Elster to engineering specialist Melrose PLC – $ 2.3 billion

The TenreT sale of a 49% equity stake in HVDC offshore wind transmission lines to Mitsubishi Corporation – $ 317 million

The acquisition by California-based SunPower of the European solar energy operator Tenesol – $ 165 million
Equity issues Leading the IPO of Enphase Enegry, the first solar IPO since 2012, raising $ 51 million
Debt issues Lead bookrunner on $ 645 million of euro- and US-dollar-secured notes for the Irish energy company Viridian to refinance debt and enable expanded renewable production

Private placement of $ 200 million to assist the solar technology company MEMC

Private placement of $ 25 million to assist AMSC, which provides control systems, design, and engineering services to reduce the costs of wind turbines
Project finance Co-structuring bank, joint bookrunter, contributing finance and other support for Ocotillo, one of the largest wind farms in southern California, to raise a toal of $ 719 million

Financial advisor, sole structuring bank and other services for Ombrage, raising $ 180 million for five Renault car plants in France, the largest solar photovoltaic project in the automotive industry

Download from CR Report 2013

Further information