RBS has retained its title as the biggest financer of UK renewables projects for a second year, according to the latest Infrastructure Journal league table.
The company said its first place position was secured after it lent or arranged finance worth $258.3m for renewable energy projects.
Most notably, the bank was one of four commercial lenders to the giant 367 MW Walney wind farm off the coast of Cumbria. But it has also emerged as a major lender to smaller scale renewable energy and efficiency projects, after launching both a dedicated 50 pounds fund to support renewables projects on farms in 2011 and a 200m pounds Carbon Reduction Fund late last year offering financing for corporate energy efficiency projects.
Andrew Buglass, Head of Energy at the bank, said its strong performance was the result of a track record that has seen the company support renewable energy projects for over 20 years.
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