Financial solutions for environment protection
Banco Santander contributes to the global objective of fighting climate change by providing financial solutions and via its leadership position in renewable energy at the international level. Furthermore, Santander has known how to adapt to market changes, taking advantage of new business opportunities that have arisen.
This commitment is materialized through various financial products and services:
Financing renewable energy projects
- Project finance
Involvement in the funding of wind farms, solar thermal power stations, hydro facilities and photovoltaic plants in Brazil, the United States, Germany, Chile, Italy, the United Kingdom, Portugal and Uruguay, for a total installed capacity of 7,362 MW (megawatts).
- Leasing and renting
Lease finance and operating leases: In 2015, the Bank closed more than 300 finance transactions for upwards of €35 million to fund numerous LED lighting, boiler exchange and waste treatment projects, etc. It also has 1,037 solar photovoltaic array lease finance arrangements totalling €245 million.