Societe Generale has been supporting the financing of renewable energies for more than ten years and today is counted among the global leaders in this sector.
Societe Generale’s leading position in the renewable market is confirmed by the recently issued Dealogic league tables for 2018, in which the Group was ranked N°2 for both Lending and Financial Advisory in the EMEA renewable market. In 2018, the Bank advised clients on transactions with a total value of USD 4.1bn and acted as Mandated Lead Arranger for 20 transactions with a total debt value of USD 2.1bn. These rankings were established through the analysis of 105 international banks.
As a pioneer in the financing of the energy transition, Societe Generale has put in place a proactive and responsible policy. The Group actively assists its clients in their energy transition by accelerating its support of renewable energies, all the while progressively reducing involvement in the most carbon-intensive energy activities.
Societe Generale has committed to raising EUR 100 billion to finance the energy transition between 2016 and 2020. By the end of 2018, the Bank has already achieved 69% of this goal, including EUR 21.4 billion allocated by means of advisory and financing for renewable projects.
We are proud that Societe Generale is recognised for its pioneer role and leading positions in renewable energies.
Jérôme Deflesselles,Co-Head of EMEA Power – Advisory and Project Finance
The Group has fully integrated the challenges of sustainable development into its activities and seeks to actively contribute to the success of the energy transition, particularly by supporting our clients with consulting and project financing.
Pierre Palmieri,Head of Global Finance
Press contacts :
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Note to editors:
Link to Press Release : Societe Generale’s commitments and achievements in the fight against global warming published on November 28th 2018.