BNP Paribas, partner of major renewable energy projects around the world

BNP Paribas, a global player in financing the energy transition, has established the Low Carbon Transition Group to help clients transition to a low-carbon economy. The bank supported major renewable energy projects including the Moray West offshore wind farm in Scotland, which has an installed capacity of 882 MW. It also financed the SunZia project in the U.S., providing $11 billion for a wind farm and transmission line expected to serve 3 million people. The bank aims to commit €40 billion by 2030 to renewable energy projects, demonstrating its substantial support for energy transition initiatives.