Fortis tops league table in clean energy lending

Clean energy league tables 2006 by New Energy Finance Limited

 

Frans van Lanschot, CEO of Fortis Energy, Commodities and Transportation department said: "Fortis's meteoric rise up the clean energy league tables demonstrates the company's dedication to sustainability. Clean energy is a Fortis speciality, and we remain fully committed to expanding our services in this field."

 

The 'Clean Energy League Tables' are drawn up by New Energy Finance Ltd - a specialist provider of information and research to investors in renewable energy, low carbon technology and carbon emission credits. The 2006 league tables cite Fortis as the "clear leader in the space" for syndicated lending for project finance.

 

The clean energy technologies financed by Fortis in 2006 include among others, wind, landfill gas, biomass and waste management, covering projects in Europe and the US. Over the last decade, Fortis has provided financing for over 60 projects, which provide almost 9GW of electricity - enough to power five million households.

 

As part of a far-reaching corporate social responsibility programme, Fortis is fully committed to caring for the environment. Since January 2007, Fortis has been carbon-neutral across the globe. This involves saving energy, buying green electricity and offsetting any residual CO2 emissions. Fortis is furthermore fully committed to carbon banking operations - a field where we are already a leader. Fortis also offers a wide range of sustainable products - from 'clean car' insurance and cheaper loans for less-polluting vehicles, to sustainable investment funds. Moreover, Fortis Investments has developed a website devoted to sustainable development allowing you, among other things, to calculate your own ecological footprint:

http://www.footprint.fortis.com/calculator 

 

Fortis is an international financial services provider engaged in banking and insurance. We offer our personal, business and institutional customers a comprehensive package of products and services through our own channels, in collaboration with intermediaries and through other distribution partners. With a market capitalisation of EUR 40.3 billion (31/05/2007), Fortis ranks among the twenty largest financial institutions in Europe. Our sound solvency position, our presence in 50 countries and our dedicated, professional workforce of 60,000 enable us to combine global strength with local flexibility and provide our clients with optimum support. More information is available at www.fortis.com.