Skip to main content

Triodos Bank ranked first globally for financing of clean energy projects

Published by , Editor
Energy Global,

Triodos Bank has been named as the most active clean energy lead arranger by total number of deals in the past year. The top spot was achieved after the bank acted on 140 deals in 2022, with a total deal value of US$504 million, incorporating traditional renewables such as onshore wind, solar, and hydro, alongside EV charging, battery storage, and energy efficiency projects.

The independent analyst, Clean Energy Pipeline, has tracked and collated the activity of major financial institutions to create a comprehensive league table of the top clean energy arrangers, focusing on their deal flow in 2022. The ‘Top Clean Energy Lead Arranged Report’ aims to showcase the top lead arrangers in the clean energy sector, highlighting the number of deals that banks help to finance, as well as the total deal value in the renewable energy project finance sector.

Jacco Minnaar, CCO at Triodos Bank, said: “It has been clear to us for decades that energy systems need to shift from being fossil-based and large scale to clean energy that is accessible and affordable for everyone. Financial institutions such as banks have a critical role to play in committing to this transition to a low-carbon and more energy efficient future.

“Triodos Bank financed the first wind turbine in the Netherlands in 1986 and now has many years of unique experience in renewable energy finance. We provide funding to small and mid-sized projects that are often community-based and that many other banks might not be prepared to look at. These will be critical to creating resilient and balanced energy generation systems that are sustainable and fair.”

The Clean Energy Pipeline analysis included lending and corporate finance from the retail banking arm of Triodos Bank NV, and investments made by Triodos Investment Management. Some notable transactions for the bank in 2022 included the construction of the largest solar thermal park in the Netherlands, community energy and e-bike infrastructure projects in the UK, and photovoltaic solar plants in Spain. Triodos Investment Management, a globally active impact investor and wholly-owned subsidiary of Triodos Bank NV, specifically focuses on contributing to the energy transition through its Triodos Groenfonds, Triodos Energy Transition Europe Fund and Triodos Emerging Markets Renewable Energy Fund.

Triodos Bank has been operating in Europe for over 40 years. The bank first entered the renewables market in the mid-1980s with a focus on wind energy and has since broadened its focus across the wider renewable and environmental sectors. Triodos Bank is actively developing support for decentralised and non-mainstream projects such as roof top solar, geothermal, energy storage, and energy efficiency.



For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.

Energy Global's Autumn 2023 issue

The Autumn 2023 issue of Energy Global hosts an array of technical articles focusing on green hydrogen, wind installation technology, blade monitoring solutions, and more. This issue also features a regional report looking at some key renewables projects in Australia..

Read the article online at:

You might also like


Ready to revolutionise the cement industry?

Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »


Embed article link: (copy the HTML code below):