Bankinter (2019)

Adoption Date: 12 Dec 2016
Country of Headquarters: Spain
Region of Headquarters: Europe
Current EPFI Reporting Year/Period: 2019
Institutional Reporting: Link to Report

 

Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the Equator Principles Association 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: 16

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure
Oil & Gas
Power 13 3
Others
Region
Americas
Europe, Middle East & Africa 13 3
Asia Pacific
Country Designation
Designated Country4
Non Designated Country 13 3
Independent Review
Yes 13 3
No
Totals 13 3
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. See list of Designated Countries.

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

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

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

No. Project Name Sector Country(s) Year of Financial Close
1 Coreses, Villalazan, Atzaneta del Maestrat Power Spain 2019
2 Termo Puertollano Power Spain 2019
3 Sasdónigas Power Spain 2019
4 Carril, Pinilla y Torres cotillas Power Spain 2019
5 Fotosolarium Power Spain 2019
6 Marpani Power Spain 2019
7 Cervantes solar II Power Spain 2019
8 Cervantes solar III Power Spain 2019
9 Phoenix Power Spain 2019
10 Rocío, Zaratan, Lebrija Power Spain 2019
11 Wintersun y Heliomenos Power Spain 2019
12 Manzanares Power Spain 2019
13 Moclin I, Atarfe I y Atarfe V Power Spain 2019
14 Segovia Power Spain 2019
15 Tamarindo Power Spain 2019
16 Cieza y Monforte Power Spain 2019

Project-Related Corporate Loans

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

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

This information is required under EP4. 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

Bankinter is a signatory of the Equator Principles and, thus, it carries out environmental and social analyses on all financing projects that require them.  In 2019, 16 projects to which these principles apply were financed (nine in 2018), all in Spain and the renewable energy sector. Thirteen were graded B (seven in 2018) and three were graded C (two in 2018). Investment amounted to 261.6 million euros (140.4 million euros in 2018). All projects were carried out in Spain.

Equator Principles Reviewers: Bankinter Investment Banking staff and managers / directors.

Equator Principles are considered in Bankinter since Dec 2016. Moreover, Bankinter have integrated them in its credit and risk principles (see here) and in its Green Bond Framework.