BNP Paribas (2025)

Signing Date 24 Oct 2008
Region of Headquarters: Europe
Current EPFI Reporting Year/Period: 2025
Institutional Reporting: Link to Report

 

Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the EP website.

Further information on this EPFI may be obtained through the Institutional Reporting hyperlink.

Project Finance Advisory Services

Total number mandated in the reporting period: 0

Project Finance Transactions

Total number that reached Financial Close in the reporting period: 53

Equator Principles Category A1 B2 C3
Sector
Mining 2
Infrastructure 1
Oil & Gas
Power 35 7
Others 6 2
Region
Americas 19 4
Europe, Middle East & Africa 16 6
Asia Pacific 8
Country Designation
Designated Country 4 36 10
Non Designated Country 7
Both
Independent Review
Yes 37 5
No 6 5
Totals 43 10
1

Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.

2

Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.

3

Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.

4

Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.

Project-related Refinance & Project-related Acquisition For Project Finance

Total number that reached Financial Close in the reporting period: 4

Sector
Mining
Infrastructure
Oil & Gas
Power 3
Others 1
Sub-Total 4
Region
Americas 1
Europe, Middle East & Africa 3
Asia Pacific
Sub-Total 4
Country Designation
Designated Country 4
Non Designated Country
Both
Sub-Total 4

Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)

No. Project Name Sector Project Location(s) Year of Financial Close
1 Project Titan Power Spain 2025
2 Project Titan Power Italy 2025
3 Inch Cape Power United Kingdom 2025
4 Project Lightning Others Belgium 2025
5 East Anglia 3 Power United Kingdom 2025
6 Project Taurus Power Spain 2025
7 1,000 MWac Al Masa'a Solar PV Independent Power Plant Power Saudi Arabia 2025
8 Project ACC Others France 2025
9 Lionheart Mining Germany 2025
10 Project Lightning Power United States 2025
11 Project Adonis Construction 1 Power United States 2025
12 Project Adonis Construction 2 Power United States 2025
13 Beehive Power United States 2025
14 Project Miner Others United States 2025
15 Project Snowflake Power United States 2025
16 Project Wolf Power United States 2025
17 Project Maricopa Power United States 2025
18 QUAIL RANCH SOLAR LLC Power United States 2025
19 Project Rodeo Others United States 2025
20 Project Patagonia III Power Chile 2025
21 Project Estepa Power Chile 2025
22 Alcones Project Power Chile 2025
23 Project Scala Others Chile 2025
24 Project Elena Power Chile 2025
25 Project Garcia 4 Power Philippines 2025
26 Project Bobby Power Korea, Rep. 2025
27 Clean Max Tasman Private Limited Power India 2025
28 Project Elaine Power Australia 2025
29 Project Helius Power Australia 2025
30 Eastern Steel III Mining Malaysia 2025
31 Octopus Juniewicze Power Poland 2025
32 Project Bejsce Power Poland 2025

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 25

Under EP4, project name reporting is required for Project Finance transactions that have reached Financial Close and encouraged for Project-Related Corporate Loans that have reached Financial Close.

Project-Related Corporate Loans

Total number that reached Financial Close in the reporting period: 12

Equator Principles Category A1 B2 C3
Sector
Mining 4
Infrastructure
Oil & Gas
Power 1 3
Others 4
Region
Americas 4
Europe, Middle East & Africa 1 5
Asia Pacific 2
Country Designation
Designated Country 4 1 7
Non Designated Country 4
Both
Independent Review
Yes 1 8
No 3
Totals 1 11
1

Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.

2

Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.

3

Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.

4

Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.

Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans

Total number that reached Financial Close in the reporting period: 0

Project Name Reporting For Project-related Corporate Loans (And Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans)

No. Project Name Sector Project Location(s) Year of Financial Close
1 Project PECASA Power Argentina 2025
2 Project Crystal Others Belgium 2025
3 COBCO Others Morocco 2025
4 Project Hyundai / SK On Others United States 2025
5 Power4Steel / Project Barracuda Mining Germany 2025
6 Boesemani Mining Sweden 2025
7 LG CHEM PROJECT COLUMBUS Mining United States 2025
8 Aldoga Solar Farm Power Australia 2025
9 Nprthern Lights 2 Others Norway 2025

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 3

Under EP4, project name reporting is encouraged for Project-Related Corporate Loans that have reached Financial Close and required for Project Finance transactions that have reached Financial Close.

EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.

Implementation of the Equator Principles

BNP Paribas´Ep implementation reporting is provided at: bnpparibas_2025_reporting_equator_principles.pdf

Independent Review of Implementation of the Equator Principles

In line with the Equator Principles (EP) Governance Rules, which require Equator Principles Financial Institutions to undertake a periodic independent review of their EP implementation framework, BNP Paribas has conducted its first Independent Review in 2026.

The review was performed by an internal consulting team, functionally and hierarchically independent from the stakeholders involved into the Equator Principles implementation process.

The review assessed the consistency of BNP Paribas’ Equator Principles framework, including related governance, procedures, roles and responsibilities, and tested its effective implementation through a sample of 8 transactions. The review confirmed BNPP is in general well equipped to ensure the respect of the EP, both in terms of processes and expertise – particularly within CIB. In terms of areas for improvement, the review identified:

  1. strengthening Group governance around EP implementation;
  2. harmonize EP implementation principles across the Group, notably by leveraging on CIB well established framework;
  3. improve EP eligibility screening process for Project – Related Corporate Loans. 

BNPP will implement an action plan to address the areas of improvements identified during the Independent Review.

Through this first exercise, BNP Paribas further demonstrates its commitment to responsible project financing and to the continuous improvement of its environmental and social risk management practices.

Equator Principles
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