MUFG Bank, Ltd (1 Apr 2021 to 31 Mar 2022)

Adoption Date: 22 Dec 2005
Country of Headquarters: Japan
Region of Headquarters: Asia-Oceania
Current EPFI Reporting Year/Period: 1 Apr 2021 to 31 Mar 2022
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: 15

Sector
Mining
Infrastructure 2
Oil & Gas 2
Power 9
Others 2
Sub-Total 15
Region
Americas 5
Europe, Middle East & Africa 6
Asia Pacific 4
Sub-Total 15

Project Finance Transactions

Total number that reached Financial Close in the reporting period: 84

Equator Principles Category A1 B2 C3
Sector
Mining 1
Infrastructure 8
Oil & Gas 1 3
Power 7 43
Others 2 19
Region
Americas 1 34 4
Europe, Middle East & Africa 9 1
Asia Pacific 8 13 14
Country Designation
Designated Country4 3 48 19
Non Designated Country 6 8
Independent Review
Yes 9 53 4
No 3 15
Totals 9 56 19
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

Total number that reached Financial Close in the reporting period: 3

Sector
Mining
Infrastructure 1
Oil & Gas
Power 1
Others 1
Sub-Total 3
Region
Americas 3
Europe, Middle East & Africa
Asia Pacific
Sub-Total 3
Country Designation
Designated Country 2
Non Designated Country 1
Sub-Total 3

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 Aomori-Shichinohe Towada Wind Farm Project Power Japan 2022
2 Hyuga Biomass Power Project Power Japan 2021
3 Azure Power Forty One Private Limited Power India 2021
4 CPD Nishiyodogawa Logistics Project Others Japan 2021
5 Westfield Energy Recovery Limited Infrastructure United Kingdom 2021
6 Ikeda Solar Project Power Japan 2021
7 Mantoverde Development Project Mining Chile 2021
8 La Pimienta Solar Power Mexico 2021
9 Vena Energy 272MW Yunlin E2 Ground Mounted Solar Project Power Taiwan R.O.C 2021
10 Goi Power Project Power Japan 2021
11 Borger Express Oil & Gas United States 2021
12 Pacifico Energy Sanda Mega Solar Project Power Japan 2021
13 Lonco・Profit mart AISAIⅡ Others Japan 2021
14 Project Athos I Power United States 2021
15 Project Athos II Power United States 2021
16 Mark One Power United States 2021
17 Mililani I Solar/Waiawa Solar Power United States 2021
18 Swiftsure Housing Partners, LLC Others United States 2021
19 Project Silverado Power United States 2021
20 Sumita Tono Wind Farm Power Japan 2021
21 WRSS XXI(A) TRANSCO LIMITED Power India 2021
22 LAKADIA BANASKANTHA TRANSCO LIMITED Power India 2021
23 KHARGHAR VIKHROLI TRANSMISSION LIMITED Power India 2021
24 Community Solar 7 Power United States 2021
25 OPERADORA DE TERMINALES MARÍTIMAS, S.A. DE C.V. Infrastructure Mexico 2021
26 CPD Osaka Taisyo Logistics Project Others Japan 2021
27 Longroad Maine Solar Power United States 2021
28 Le Conte Energy Others United States 2021
29 Project Chacao+ Power Chile 2021
30 Project Catskill Power United States 2021
31 Stanly Solar Power United States 2021
32 Cabo Leones III Power Chile 2021
33 Skelton Grange Infrastructure United Kingdom 2021
34 Arroyo Solar and Storage Power United States 2021
35 Kaban Wind Farm Power Australia 2021
36 Radian Solar Power United States 2021
37 Blythe Mesa Solar II Power United States 2021
38 Jubail 3B IWP Infrastructure Saudi Arabia 2021
39 Panorama Wind Power United States 2021
40 Brotman Generating, LLC Power United States 2021
41 Project Kelvin Infrastructure United Kingdom 2021
42 Project Memphis Others Netherlands 2021
43 Project Sharon Oil & Gas Australia 2022
44 Hale Kuawehi Power United States 2022
45 Allora Solar Power United States 2022
46 Cabin Creek Solar Power United States 2022
47 Gunsight Solar Power United States 2022
48 Phobos Solar Power United States 2022
49 Doggerbank Offshore Wind Farm Project 3 Projco Limited Power United Kingdom 2021
50 Project El Sauz Power United States 2022
51 Lancaster Area Battery Others United States 2021
52 Saudi ISTPs (Buraydah) Infrastructure Saudi Arabia 2022
53 Saudi ISTPs (Tabuk) Infrastructure Saudi Arabia 2022
54 Saudi ISTPs (Madinah) Infrastructure Saudi Arabia 2022
55 Whistler Martin County Expansion Oil & Gas United States 2022
56 Los Alamitos Microgrid Power United States 2022
57 Tochigi Project Power Japan 2022
58 Hybrid 450 MW Power India 2022
59 Project Innovation Others United States 2022
60 Letts Creek, Pullman, Cement City solar Power United States 2022
61 Rumichaca - Pasto Toll Road Infrastructure Colombia 2022
62 Project Traveler Others United States 2021

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 25

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: 4

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

Total number that reached Financial Close in the reporting period: 1

Sector
Mining
Infrastructure
Oil & Gas
Power
Others 1
Sub-Total 1
Region
Americas
Europe, Middle East & Africa
Asia Pacific 1
Sub-Total 1
Country Designation
Designated Country 1
Non Designated Country
Sub-Total 1

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

No. Project Name Sector Country(s) Year of Financial Close
1 Project Jazan Power Saudi Arabia 2021

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 4

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.

The Bank also provides training for customers at their request.

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