MUFG Bank, Ltd (1 Apr 2020 to 31 Mar 2021)

Adoption Date: 22 Dec 2005
Country of Headquarters: Japan
Region of Headquarters: Asia-Oceania
Current EPFI Reporting Year/Period: 1 Apr 2020 to 31 Mar 2021
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: 12

Sector
Mining
Infrastructure 4
Oil & Gas 3
Power 5
Others
Sub-Total 12
Region
Americas 4
Europe, Middle East & Africa 4
Asia Pacific 4
Sub-Total 12

Project Finance Transactions

Total number that reached Financial Close in the reporting period: 70

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 2 6 1
Oil & Gas 2 5
Power 6 38 1
Others 2 7
Region
Americas 2 36 3
Europe, Middle East & Africa 3 7
Asia Pacific 5 8 6
Country Designation
Designated Country4 2 46 9
Non Designated Country 8 5
Independent Review
Yes 10 51 7
No 2
Totals 10 51 9
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 Reliance Bangladesh LNG and Power Project Power Bangladesh 2021
2 X-ELIO FV XOXOCOTLA, S.A.P.I. DE C.V. Power Mexico 2020
3 Dohoku Onshore Wind Project Power Japan 2021
4 Area 1 Mozambique LNG Project Oil & Gas Mozambique 2021
5 Taketoyo Power Project Power Japan 2020
6 Project Traveler Others United States 2020
7 Matsushima Donguri solar power plant construction Power Japan 2021
8 Coastal Gaslink Oil & Gas Canada 2020
9 Taza Onshore Wind Farm Project Power Morocco 2020
10 Pamplona-Cucuta 4G Toll Road Infrastructure Colombia 2020
11 Delaware Basin Residue, LLC (3rd Upsizing) Oil & Gas United States 2020
12 SBE ISTS 600 Solar PV Power India 2020
13 A3 Motorway PPP - Germany Infrastructure Germany 2020
14 Topaz Power United States 2020
15 Whistler Pipeline Oil & Gas United States 2020
16 Murra Warra II Wind Farm Power Australia 2020
17 Hillcrest Solar Power United States 2020
18 Project Chinook Oil & Gas United States 2020
19 Seagreen Power United Kingdom 2020
20 28 Livermore Hill Road Solar 1, LLC Power United States 2020
21 Terra-Gen Cal Wind Power United States 2020
22 Juno Solar Power United States 2020
23 OS2 Others Japan 2021
24 Broadway Subway Infrastructure Canada 2020
25 Glass Mountain Pipeline Expansion Oil & Gas United States 2020
26 Project Titan Power United States 2020
27 Sunrun Mars Portfolio 2020-A Power United States 2020
28 Bolt Energy Storage Others United States 2020
29 Eagle Shadow Mountain Power United States 2020
30 Cascade Power Project Power Canada 2020
31 Project Aragorn Power United States 2020
32 Yanbu 4 IWP Infrastructure Saudi Arabia 2021
33 Fécamp Offshore Wind Project/ Parc éolien en mer the Fécamp Power France 2020
34 CPV Three Rivers Energy Center Power United States 2020
35 Western Downs Solar Farm Power Australia 2020
36 Huemul Portfolio Power Chile 2020
37 Townsite Solar Power United States 2021
38 Western Spirit Power United States 2020
39 Al Dhafrah PV2 Power United Arab Emirates 2020
40 Blue Hill Wind Energy Project Power Canada 2020
41 Altavista Solar Power United States 2020
42 Project Emerald Power India 2021
43 Protos Energy-from-Waste Infrastructure United Kingdom 2020
44 Project Tawny Infrastructure Canada 2020
45 Tsu Haze Mega Solar Project Power Japan 2020
46 Project Sterling Others United States 2020
47 Braes Bayou Generating Facility Power United States 2020
48 Doggerbank Offshore Wind Farm Project 1 Projco Limited Power United Kingdom 2020
49 Doggerbank Offshore Wind Farm Project 2 Projco Limited Power United Kingdom 2020
50 ENFRAGEN Power Chile 2020
51 Via 40 Express Infrastructure Colombia 2021
52 Sugar Solar LLC Power United States 2020
53 Kerian 100MW Solar Plant Power Malaysia 2020
54 Black Rock Wind Project Power United States 2020
55 Pacifico Energy Banshu Mega Solar Project Power Japan 2020
56 Mesquite Sky Wind Project Power United States 2020
57 Traverse Wind Energy Power United States 2021
58 LSP GRID HOLDINGS, LLC Power United States 2020
59 LS POWER GRID NEW YORK CORPORATION I Power United States 2020
60 GSRP Warehouse I LLC Power United States 2021
61 Double E Pipeline Oil & Gas United States 2021
62 CPD Soka Logistics Project Others Japan 2021

Note: #18 consists of 2 projects and #42 consists of 3 projects

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 5

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: 5

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure
Oil & Gas 1
Power 1
Others 2 1
Region
Americas 1 1
Europe, Middle East & Africa
Asia Pacific 2 1
Country Designation
Designated Country4 2
Non Designated Country 1 2
Independent Review
Yes 3 2
No
Totals 3 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. 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: 5

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 Division

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

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 on MUFG Bank´s implementation of the EPs is provided at: https://www.mufg.jp/english/csr/environment/equator/