MUFG tops 2016 Bloomberg New Energy Finance league table for lead arrangers

Written By: Stratton Report
January 26, 2017


On January 26, Mitsubishi UFJ Financial Group, Inc. announced that it topped the 2016 Bloomberg New Energy Finance league table for financing clean-energy and energy-smart technologies as a global Lead Arranger.

According to the bank, by claiming the top spot on the annual ranking, MUFG has now placed first among private sector banks for the fifth time in the past seven years.

In 2016, MUFG claimed 53 clean-energy and energy-smart technology financing projects, totaling $2.9 billion in credits. These figures per the bank represent a year-over-year increase from 2015, when MUFG led 40 deals for total credits of $2.6 billion.

Jonathan Lindenberg, MUFG’s deputy head of investment banking and head of structured finance for the Americas noted:

“These rankings acknowledge the solutions-based services and dedication that MUFG’s project finance professionals bring to clients in the Americas and all over the world. MUFG takes great pride in playing such a large role in this emerging area of financing. Through the great work of our clients, these projects promote responsible environmental practices while supporting the growing demand for powering economies around the world.”

MUFG stressed that while globally, approximately 41% of its total project finance lending in the power sector goes to renewable energy projects; in the Americas, the figure is 55%.

Among MUFG’s most notable 2016 renewable deals was the 253-MW Amazon Wind Farm Texas (U.S., $269 million) In the Americas, as of December 31, 2016, MUFG was financing renewable energy projects with a combined capacity of more than 30 gigawatts.