Financing renewable energy is an important line of action in our corporate customer business. The “Energiewende”, declared in the wake of the German phase-out of coal and nuclear energy, confirms this development. Commerzbank has been active in financing renewable energy for three decades and established its own dedicated competence center in Hamburg in 2003, which today is one of the biggest financiers of renewable energy in Europe.
More than 50 employees in Hamburg and New York are available to our customers in this field – whether manufacturers, project developers or suppliers. Apart from the complete range of services in corporate banking, the Competence Center Energy offers bilateral and syndicated project financing for solar- and wind parks (on- and offshore), which are run by institutional investors, municipal utilities, energy companies and also private investors. Core markets are Germany, Western Europe, North America and other selected countries.
The special approach – through the support by the Competence Center Energy of all companies involved in the supply chain – allows Commerzbank to build in depth expertise concerning technologies, market participants and financing structures.
