Royal Bank of Canada (2024)
| Signing Date | 21 Jul 2003 |
| Region of Headquarters: | North America |
| Current EPFI Reporting Year/Period: | 2024 |
| Institutional Reporting: | Link to 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: 1
| Sector | |
|---|---|
| Mining | |
| Infrastructure | |
| Oil & Gas | |
| Power | 1 |
| Others | |
| Sub-Total | 1 |
| Region | |
|---|---|
| Americas | |
| Europe, Middle East & Africa | |
| Asia Pacific | 1 |
| Sub-Total | 1 |
Project Finance Transactions
Total number that reached Financial Close in the reporting period: 33
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 2 | ||
| Oil & Gas | 2 | 1 | |
| Power | 1 | 19 | 8 |
| Others | |||
| Region | |||
| Americas | 3 | 20 | 10 |
| Europe, Middle East & Africa | |||
| Asia Pacific | |||
| Country Designation | |||
| Designated Country 4 | 3 | 20 | 10 |
| Non Designated Country | |||
| Both | |||
| Independent Review | |||
| Yes | 3 | 20 | 2 |
| No | 8 | ||
| Totals | 3 | 20 | 10 |
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
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.
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
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
Total number that reached Financial Close in the reporting period: 0
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 | Woodfibre LNG | Oil & Gas | Canada | 2024 |
| 2 | Morrow Lake | Power | United States | 2024 |
| 3 | Caprock Repower | Power | United States | 2024 |
| 4 | Antelope Valley BESS | Power | United States | 2024 |
| 5 | Cedar LNG | Oil & Gas | Canada | 2024 |
| 6 | Cedar Link | Oil & Gas | Canada | 2024 |
| 7 | Wagon Wheel Wind | Power | United States | 2024 |
| 8 | Revolution Wind | Power | United States | 2024 |
| 9 | Pediment BESS I | Power | United States | 2024 |
| 10 | Baldwin | Power | United States | 2024 |
| 11 | Coffeen | Power | United States | 2024 |
| 12 | Oak Hill | Power | United States | 2024 |
| 13 | Pulaski | Power | United States | 2024 |
| 14 | Coldwater River Solar | Power | United States | 2024 |
| 15 | Pelicans Jaw Solar | Power | United States | 2024 |
| 16 | Tilbury Battery Storage | Power | Canada | 2024 |
| 17 | Green River Energy Center | Power | United States | 2024 |
| 18 | Venice | Power | United States | 2024 |
| 19 | Higgins Mountain | Power | Canada | 2024 |
| 20 | Dyer Brook | Power | United States | 2024 |
| 21 | Franklin | Power | United States | 2024 |
| 22 | Spanish Peaks | Power | United States | 2024 |
| 23 | Wildflower | Power | United States | 2024 |
| 24 | Buffalo Plains | Power | Canada | 2024 |
| 25 | Project 903 | Power | Canada | 2024 |
| 26 | Project FSFF06 | Power | Canada | 2024 |
| 27 | WAHA | Infrastructure | Canada | 2024 |
| 28 | Trillium Health Partners M-Site | Infrastructure | Canada | 2024 |
| 29 | Orrington Brewer Lake | Power | United States | 2024 |
| 30 | Saco | Power | United States | 2024 |
| 31 | Dayton | Power | United States | 2024 |
Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 2
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: 2
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 2 | ||
| Oil & Gas | |||
| Power | |||
| Others | |||
| Region | |||
| Americas | 2 | ||
| Europe, Middle East & Africa | |||
| Asia Pacific | |||
| Country Designation | |||
| Designated Country 4 | 2 | ||
| Non Designated Country | |||
| Both | |||
| Independent Review | |||
| Yes | |||
| No | 2 | ||
| Totals | 2 | ||
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
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.
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
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-related Corporate Loans
Total number that reached Financial Close in the reporting period: 0
Project Name Reporting For Project-related Corporate Loans (And Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans)
| No. | Project Name | Sector | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Port of Montreal Marine Terminal | Infrastructure | Canada | 2024 |
| 2 | Berth 2 Dumper 2 Project | Infrastructure | Canada | 2024 |
Implementation of the Equator Principles
RBC´s EP implementation reporting is provided in their Sustainability Report available at: Sustainability Report 2024