News
27 November 2019

UniCredit to exit thermal coal financing by 2023

In:
Oil & gas, Power, Renewables
Region:
Europe

UniCredit is to stop all lending for thermal coal projects by 2023 in a bid to improve its green credentials. A week previous to this announcement, the bank also said it would raise its exposure to the renewable energy sector by a quarter more, to just over €9 billion ($9.9 billion) by 2023....

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Roundtable
20 January 2026

Discussing EPC-F deal dynamics: Should the chameleon change...

The EPC+F (Engineering, Procurement and Construction plus financing) market is more than 10 years old. Participants talk about its achievements, discuss frustrations at a...

Video
20 January 2026

Dealmakers: Nabil Jijakli, Credendo

TXF spoke with Nabil Jijakli, group deputy CEO at Credendo, to outline the activity of the Belgian ECA, from the rollout of its latest product offering for small-ticket deals...