Bankinter (2021)

Adoption Date: 12 Dec 2016
Country of Headquarters: Spain
Region of Headquarters: Europe
Current EPFI Reporting Year/Period: 2021
Institutional Reporting: Link to Report - Link to Additional 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: 32

Sector
Mining
Infrastructure
Oil & Gas
Power 32
Others
Sub-Total 32
Region
Americas
Europe, Middle East & Africa 32
Asia Pacific
Sub-Total 32

Project Finance Transactions

Total number that reached Financial Close in the reporting period: 32

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure
Oil & Gas
Power 21 11
Others
Region
Americas
Europe, Middle East & Africa 21 11
Asia Pacific
Country Designation
Designated Country 4 21 11
Non Designated Country
Both
Independent Review
Yes 21 11
No
Totals 21 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. 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 Lotup Solar Power Spain 2021
2 Lightsource Power Spain 2021
3 Kobus Power Spain 2021
4 Galisteo Q-Energy Power Spain 2021
5 Valfortec Power Spain 2021
6 Eolia Power Spain 2021
7 Torresol Q-Energy Power Spain 2021
8 Phoenix Power Spain 2021
9 Q-Energy Tizona Burujón Power Spain 2021
10 Q-Energy Tizona Comagra Power Spain 2021
11 Q-Energy Tizona Sonseca Power Spain 2021
12 Q-Energy Tizona Zarapicos Power Spain 2021
13 Q-Energy Tizona Guiu I Alba Power Spain 2021
14 Q-Energy Tizona Ventosilla Power Spain 2021
15 Q-Energy Tizona Puebla del Prior Power Spain 2021
16 Q-Energy Tizona Écija XII-XVI Power Spain 2021
17 Q-Energy Tizona Copérnica Sin Power Spain 2021
18 Q-Energy Tizona Surginor Power Spain 2021
19 Q-Energy Tizona Palma del Condado Power Spain 2021
20 Q-Energy Tizona Albacete Power Spain 2021
21 Q-Energy Tizona Caudete Power Spain 2021
22 Q-Energy Tizona Quintanar Power Spain 2021
23 Q-Energy Tizona Omega Power Spain 2021
24 Q-Energy Tizona Armendariz Power Spain 2021
25 Q-Energy Tizona Murillo El Fruto Power Spain 2021
26 Q-Energy Tizona Corella Power Spain 2021
27 Aste Power Spain 2021
28 Enel - Loma Gorda Power Spain 2021
29 Marpani 9 - CTGE Power Spain 2021
30 Encavis Apollo Power Spain 2021
31 Q Energy - Termollano Power Spain 2021

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 1

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: 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 has defined Investment Sustainability Principles as part of its Risk Management and Control Framework. It has established financial guidelines for industries with potentially greater impact on the environment that allow it to develop measures and references that the Bank must follow in its decision-making process, considering the best practices and international standards. In line with this strategy, the Bank has adhered to the Equator Principles (2016), a leading international initiative for responsible investment in the financial sector with the objective of evaluating and managing the environmental and social risks of the projects to be financed. In 2021, 32 projects to which these principles apply were financed, all in Spain and Portugal and the renewable energy sector. 21 of these were rated B and 11 C, with investment amounting to 315.12 million euros.

https://www.bankinter.com/file_source2/webcorporativa/estaticos/pdf/informacion-corporativa/banca-sostenible/informes-anuales/2021_Bankinter_Consolidated_Statement_Non_Financial_Information.pdf  PAge 93

https://webcorporativa.bankinter.com/stf/traducciones/ingles/web_corporativa/responsabilidad_corporativa/eje_economico/project_finance_in_accordance_to_equator_principles.pdf

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

The Equator Principles are considered in Bankinter since Dec 2016. Bankinter has integrated them in its credit and risk principles: https://webcorporativa.bankinter.com/stf/web_corporativa/responsabilidad_corporativa/politicas/principles_related_to_the_sustainability_of_investment.pdf, and in its Green Bond Framework: https://webcorporativa.bankinter.com/stf/web_corporativa/responsabilidad_corporativa/bankinter_green_bond_framework/bankinter_green_bond_framework.pdf