MUFG Bank, Ltd (1 Apr 2019 to 31 Mar 2020)

Adoption Date: 22 Dec 2005
Country of Headquarters: Japan
Region of Headquarters: Asia-Oceania
Current EPFI Reporting Year/Period: 1 Apr 2019 - 31 Mar 2020
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: 22

Sector
Mining
Infrastructure 7
Oil & Gas 3
Power 12
Others
Sub-Total 22
Region
Americas 3
Europe, Middle East & Africa 4
Asia Pacific 15
Sub-Total 22

Project Finance Transactions

Total number that reached Financial Close in the reporting period: 62

Equator Principles Category A1 B2 C3
Sector
Mining 1
Infrastructure 1 8 2
Oil & Gas 3 1
Power 8 29 1
Others 1 2 5
Region
Americas 3 20 2
Europe, Middle East & Africa 1 8
Asia Pacific 10 12 6
Country Designation
Designated Country4 3 33 7
Non Designated Country 11 7 1
Independent Review
Yes 14 39 1
No 1 7
Totals 14 40 8
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 JAWA 1 IPP AND FSRU PROJECT Power Indonesia 2019
2 Nghi Son 2 IPP project Power Vietnam 2019
3 Sodegaura Biomass-Fired Power Plant Inc. Power Japan 2019
4 Villanueva Solar, S.A. de C.V/Parque Solar Villanueva Tres, S.A. de C.V/ Parque Solar Don José, S.A. de C.V Power Mexico 2019
5 Van Phong 1 Power Vietnam 2019
6 Riau IPP Project Power Indonesia 2019
7 Project Cooke /New EfW Project Infrastructure United Kingdom 2019
8 Project Marigold Others Malaysia 2019
9 Yokosuka Power Project Power Japan 2019
10 Foard City Wind Power United States 2019
11 Ako Mega Solar Project Power Japan 2019
12 Umm al Quwain IWP Infrastructure United Arab Emirates 2020
13 Delaware Basin Residue, LLC Infrastructure United States 2019
14 Newark Liberty International Airport Consolidated Rent-a-Car Center and Joint Use Facility Infrastructure United States 2019
15 Yunlin Offshore Windfarm Power Taiwan R.O.C 2019
16 Facility D IWPP Expansion Others Qatar 2019
17 Shuqaiq 3 IWP Infrastructure Saudi Arabia 2019
18 Amur Gas Processing Plant Oil & Gas Russia 2020
19 Permian Highway Pipeline Project Infrastructure United States 2019
20 SB ENERGY SOLAR PRIVATE LIMITED Power India 2019
21 Palmer Breckenridge Solar, LLC Power United States 2019
22 Hadley 3 Solar, LLC Power United States 2019
23 Anegasaki Power Project Power Japan 2019
24 Jackson Generation Power United States 2019
25 Sabine Pass Liquefaction Train 6 Oil & Gas United States 2019
26 COMPAÑÍA MINERA TECK QUEBRADA BLANCA S.A. Mining Chile 2020
27 Washington Parish Energy Center Power United States 2019
28 Cross River Rail Project Infrastructure Australia 2019
29 Saint-Nazaire Offshore Wind Farm Power France 2019
30 Formosa 2 Offshore Wind Farm Power Taiwan R.O.C 2019
31 Rumichaca Pasto - Concesionaria Vial Unión del Sur S.A.S. Infrastructure Colombia 2019
32 Anamizu Solar Project Power Japan 2019
33 High Prairie Power United States 2019
34 Neart na Gaoithe Power United Kingdom 2019
35 Changfang Xidao Offshore Wind Project Power Taiwan R.O.C 2020
36 SB Energy Six Private Limited Power India 2019
37 Waverley Wind Farm Power New Zealand 2019
38 Akita and Noshiro Offshore Windfarms Power Japan 2020
39 East Anglia One Offshore Windfarm Power United Kingdom 2019
40 Neosho Ridge Wind, LLC Power United States 2019
41 Weaver Wind Power United States 2019
42 Outlaw Wind Project Power United States 2019
43 Aviator Wind Power United States 2019
44 CÓNDOR ENERGÍA SpA Power Chile 2019
45 Hitoyoshi Solar Project Power Japan 2019
46 The Exchange TRX Others Malaysia 2019
47 HO Clarke Generating, LLC Power United States 2019
48 Hokkaido Seven Airports Concession Project Infrastructure Japan 2019
49 Wakayama Mega Solar Project Power Japan 2020
50 Wink to Webster Pipeline Oil & Gas United States 2020
51 Kings Point Wind Power United States 2020
52 North Fork Ridge Wind Power United States 2020
53 Canada Kuwait Petrochemical Limited Partnership Others Canada 2020
54 Rabigh 3 IWP Infrastructure Saudi Arabia 2019

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 8

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: 8

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 1 1
Oil & Gas 2
Power 1 1
Others 2
Region
Americas 1
Europe, Middle East & Africa 1 1
Asia Pacific 1 2 2
Country Designation
Designated Country4 1 2 1
Non Designated Country 2 2
Independent Review
Yes 3 1
No 1 3
Totals 3 2 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-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.

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

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 8

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

1. Implementation Guidelines

MUFG Bank, Ltd. (MUFG Bank) established its “Implementation Guidelines for the Equator Principles” and has been financing projects based on the Guidelines.

2.Assessment by Sustainable Business Office

At MUFG Bank, assessment, management, and other administrative tasks related to the environmental and social consideration of development projects are conducted by Sustainable Business Office.

3.Education and Training

MUFG Bank conducts training for its employees with the objective of deepening their understanding of environmental and social considerations and promoting the philosophy and practices of EP.
The training is primarily targeted at employees in charge of project finance and credit. The Bank also utilizes internal communication measures to promote better understanding of social and environmental considerations by all employees.
MUFG Bank also provides training for customers at their request.

Further information can be found here.