This is the sixth year running that Triodos Bank has topped the league table, published by independent analyst Clean Energy Pipeline. It incorporates both lending from Triodos Bank UK Ltd, Triodos Bank NV and investments made by Triodos Investment Management.
Notable transactions in 2020 included the financing of Belgium’s largest battery energy storage system; funding a community hydropower scheme in Scotland; innovative finance for EV charging infrastructure in the Netherlands and continued support for solar PV projects in Spain.
Triodos Investment Management specifically focuses on contributing to the energy transition through its impact investing funds Triodos Groenfonds, Triodos Energy Transition Europe Fund and Hivos-Triodos Fund (see full impact report).
Triodos Bank has been operating in Europe for over 40 years and renewable energy is the Group’s largest portfolio. It 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 is actively developing support for decentralised and non-mainstream projects such as roof top solar, geothermal, energy storage and energy efficiency.
Clean Energy Pipeline is an online daily news and data service. The complete tables can be downloaded here (a subscription is required to view in full).