Deutsche Bank has been named "Best Renewable Energy Finance
House ? Europe" by Environmental Finance and Carbon Finance
magazines for the second consecutive year.
The award, which is based on a market survey among the
readers, is an acknowledgment of the strong performance of
the Bank's Asset Finance and Leasing division (AFL). AFL is
part of the Corporate & Investment Bank.
Despite the increasingly challenging market environment and
changing regulatory situation, AFL assisted clients
throughout the year on the development and financing of
renewable energy projects, with a focus on Germany, France,
Italy, Spain, Canada and the US, as well as in some of the
smaller markets in EMEA.
The team worked on onshore and offshore wind, solar
photovoltaic and solar thermal and biomass transactions. In
addition to a successful year in Europe, the AFL team
managed groundbreaking transactions in North America. These
included acting as sole bookrunner on a limited recourse
construction revolver for a major US solar engineering
development firm, and as structuring bank for the first
series of major windfarm deals in Quebec, Canada with
approximately USD 1bn of funding.
Earlier this month, Deutsche Bank was also recognised in
Energy Risk magazine's Environmental Rankings 2011, and
in June 2011 was named "European Emissions House of the
Year" by Energy Risk, demonstrating both Deutsche's strong
position in the emissions markets and the continued
confidence in the Bank both in the market and among