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Bankinter (2022)
| Signing Date | 12 Dec 2016 |
| Region of Headquarters: | Europe |
| Current EPFI Reporting Year/Period: | 2022 |
| 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 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: 16
| Sector | |
|---|---|
| Mining | |
| Infrastructure | 1 |
| Oil & Gas | |
| Power | 15 |
| Others | |
| Sub-Total | 16 |
| Region | |
|---|---|
| Americas | |
| Europe, Middle East & Africa | 16 |
| Asia Pacific | |
| Sub-Total | 16 |
Project Finance Transactions
Total number that reached Financial Close in the reporting period: 16
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 1 | ||
| Oil & Gas | |||
| Power | 14 | 1 | |
| Others | |||
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | 14 | 2 | |
| Asia Pacific | |||
| Country Designation | |||
| Designated Country 4 | 14 | 2 | |
| Non Designated Country | |||
| Both | |||
| Independent Review | |||
| Yes | 14 | 2 | |
| No | |||
| Totals | 14 | 2 | |
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
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 | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | ACS: Manchasol I | Power | Spain | 2022 |
| 2 | NORDIC SOLAR: Beniarberig | Power | Spain | 2022 |
| 3 | CGTE: Marpani | Power | Spain | 2022 |
| 4 | SONNEDIX: Galisteo | Power | Spain | 2022 |
| 5 | INTERMONEY: Fresno | Power | Spain | 2022 |
| 6 | IGNIS: Toscano | Power | Spain | 2022 |
| 7 | SOLARPACK: Durango | Power | Spain | 2022 |
| 8 | INFRA IBERIA: Hospital de Toledo | Infrastructure | Spain | 2022 |
| 9 | SPANISH POWER: Lamarquesa | Power | Spain, Portugal, Sweden | 2022 |
| 10 | RECAP | Power | Spain | 2022 |
| 11 | INTERMONEY: Alamo | Power | Spain | 2022 |
| 12 | A&G Renewqables Iberian Solar I: Morón | Power | Spain | 2022 |
| 13 | ATLANTICA YIELD: Solnovas | Power | Spain | 2022 |
| 14 | A&G Renewqables Iberian Solar I: Celso | Power | Spain | 2022 |
| 15 | SPANISH POWER: Lamarquesona | Power | Spain | 2022 |
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 2022, 16 projects were financed (15 renewable energy projects and 1 infrastructure project) under these Principles, all of which are in European Union countries (mainly Spain and Portugal). 14 were rated as B and two as C, with investment of 434.3 million euros. A further five renewable energy projects that were not subject to this standard were also financed, with total investment of 51 million euros.
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://www.bankinter.com/file_source2/webcorporativa/documentos/migracion/Responsabilidad%20Corporativa/Pol%C3%ADticas/Principios%20Sostenibilidad%20Inversion%20Ingl%C3%A9s.pdf , and in its Green Bond Framework: https://webcorporativa.bankinter.com/stf/web_corporativa/responsabilidad_corporativa/bankinter_green_bond_framework/bankinter_green_bond_framework.pd