PF I League Tables 2016
PF I League Tables 2016
PF I League Tables 2016
The Thomson Reuters Project Finance International last few years, Japanese banks now need to do
(PFI) annual league tables are the most accurate some work at home too.
and comprehensive measure of project finance Two other ongoing market reasons for the
activity across the globe in any given year. The tables Asian volume dip were the performance of the
stretch back two decades and each year the data are two leading markets in the region Australia and
thoroughly checked by the Thomson Reuters data India. Australia was down US$1.2bn to US$24.3bn
teams across the world and PFI editorial staff. while India was down US$8.1bn to US$8.5bn.
In 2016, loan volumes dropped back by 14.7% The Australian figure is still very respectable
to US$236.4bn. That said, 2015 was a record high and the market continues to thrive. For much of
at US$277.1bn but even 2014 reached US$260bn. the year it was quiet but in Q4 a range of large
Volumes in 2013 were a more modest US$204bn. deals were financed. India, despite the Modi
The dip was not unexpected. A year ago we said of push, has still to regain its greenfield project
the 2015 result, looking into 2016, it is difficult to momentum from a few years ago. Many deals in
see these numbers being sustained. A main reason the Indian market are still refinancings.
for the fall was the expected dip in activity in the The Europe, Middle East & Africa (EMEA)
Americas, which, as a market, had been racing ahead market was the one regional market that did
following the domestic shale gas boom. A mix of rise in 2016, up 14% to US$15.1bn. This was due
LNG export projects and gas-fired power stations to one of those lumpy factors in this case the
took the US market up to US$56.5bn in 2015. US$19bn Yamal LNG financing in Russia, which
In 2016, the US market fell back by 40% to was transacted in tranches over the year. Add
US$33.8bn. That said, the 2016 number still shows a in the US$3bn for TCO in Kazakhstan and the
very healthy market but the froth has now definitely former Soviet Union countries showed well even
come off. The mega LNG export deals have finally within the low oil price environment.
disappeared and the power market has slowed down. Neighbour Turkey, however, fell back from
The PPP market is active and it will be interesting US$10bn in 2015 to US$3.4bn last year. Saudi
to see if President Trump can boost infrastructure Arabia fell back too, by US$5.1bn to US$7.9bn.
spending in the short term, as he has promised. However, there were, as in 2015, few themes
The Americas market as a whole fell back by in 2016 across the region apart from a lack of
US$37.4bn, or 40%, to US$55.9bn nearly all the greenfield financings aside from the offshore
global loan market decline. Canada showed a big wind sector in Northern Europe.
dip too, halving from US$8.9bn to US$4.8bn. Latin Activity in the global project bond market was
America was down from US$27.2bn to US$16.5bn, up in 2016, by 23.5% to US$43.6bn, after having
with Brazil and Mexico slumping from US$17.3bn dropped 30% in the previous year from US$50bn
in 2015 to US$5.2bn. to US$35.3bn. There were few big themes in the
One bright spot was the emergence of Argentina, table, with volumes up in markets such as the US,
which came in at US$2.4bn of debt raised. For the with US$13.6bn in issuance in 2016, and the UK at
Americas in 2017, prospects look decent there are US$4bn, and down a little in Canada at US$3.6bn.
plenty of active sectors across the region but a return Mexico was an important new market with US$2.7bn
to the heady years of 2015/16 are some way off. but the Malaysia sukuk market halved to US$1.1bn.
Asia-Pacific fell back too in 2016 down Multilateral activity in the emerging markets
24.9% to US$57.2bn from US$76.2bn. One lumpy was up to US$20bn on the back of deals such as
US$12bn reason was that the mega Taiwanese rail Central Java, Liwa and Facility E. While the big
refinancing from 2015 did not appear. In addition, deals tend to hog the limelight, the multilateral
the region had seen the large US$4bn Oyu Tolgoi deal list published with the tables shows an
deal done in 2105. impressive range of small and medium-sized
There were few comparable mega deals in 2016 deals financed across the globe. In the developed
although the Japanese domestic market came to country table, the UK showed up well as its
the fore in the year, recording a total of US$9.4bn. garnered EIB funds before the Brexit vote.
A mix of power, renewables and airports drove In the advisory tables, the number of new
activity up from US$3.2bn in 2015. Having mandates rose 71 to 425. However all this was
dominated the international loan markets for the accounted for by a steep rise increase in EYs work in
Methodology
n 2016 TABLES The rules
The league tables are compiled from submissions sent On the advisory side, the table is split into three
in from commercial banks and financial advisers. Only sections: private sector mandates, government or
transactions that are limited or non-recourse are included government-owned sponsor advisory mandates, and
in the tables. The submissions are checked by Project advice to bidders in a competition. Only financial
Finance International (PFI) and Thomson Reuters staff advisory mandates are included. The table measures
globally. The tables are presented in a regional form and mandates won last year in these sectors and ranks
then global tables are calculated from the regional figures. advisers accordingly in the total column. In addition,
On the loans side, only lead-arranging mandates are there is a figure calculated for all mandates being
credited in the tables. League table credit is awarded on worked on by a firm in the overall column.
a pro rata basis. If one bank lead-arranges a US$500m The advisory submissions are checked by the reporters
project finance loan, it receives a US$500m credit, if two for accuracy to ensure they are mandates won last year
arrange a US$500m loan, they receive US$250m credits, and not claimed for in previous years. This table is limited
if four, US$125m each, and so on. The credits are added to advisory mandates above US$20m. In addition, there
up and the league tables are produced. is a table of advisory mandates reaching financial close
On some deals, an individual banks submitted figure last year. The table is ranked regionally and globally by the
might be lower in the published version of the league total amount of funds raised by each financial adviser.
table or it might increase. To ensure the tables are For the eighth year, a set of tables has been included
market-accurate, some banks might be added to the to meet the evolving needs of the project finance market
table even if they had not claimed for a mandated lead- for multilaterals. These tables measure the involvement
arranging role, while others might not be credited even if of multilaterals in project finance deals in the emerging
they have claimed. markets, whether through export credit guarantees or direct
The evaluation of lead-arranging roles has been lending tranches. Loans to projects in the developed world
made much stricter to include only initial mandated are included in their own developed world multilateral
lead arrangers. In the Americas, the mandated lead table. It is likely, as the credit crunch takes hold, that the
arranger category is similar to the Thomson Reuters multilaterals or international developmental finance
bookrunner category. Recent years have seen more and institutions (IDFIs) will become ever more important.
more club deals emerge. On these, each bank in the The 2016 league tables will now go on the
club is given equal credit. Thomson Reuters Deals Intelligence site (http://
Overall, the tables are only concerned with measuring dmi.thomsonreuters.com/). To ease the league table
the performance of those that arrange deals, not process in 2016, it is worth keeping PFI and Thomson
necessarily their final underwriting commitment or Reuters staff up to-date.
final take. The deals counting towards a banks total Contact PFIs Rod Morrison (London 44 207 542
are detailed in the regional sections, with the relevant 8329), Thomson Reuters Carina Israel (Manila 00 632
amounts per deal. From these details the country and 878 5867) and Alex Lembcke (London 44 207 542
sector league tables are drawn up. The process is very 6593) if there are concerns regarding the tables and
similar on the bond league table. The tables measure the ongoing data collection.
activities only of the senior lead managers. The data team n
MULTILATERAL TOP 5 FOR to developers, sewerage deals were ASIA PACIFIC TOP 5 FOR
EMERGING MARKETS especially with limited, with only two LOAN ARRANGERS
(2015 POSITION IN BRACKETS) (2015 POSITION IN BRACKETS)
suspended projects. deals worth US$762m.
1 - JBIC (1) The next top three Deals in the 1 - SBI Capital (2)
2 - Kexim (4) spots were dominated industrial sector 2 - Mizuho (6)
3 - IFC/MIGA (2) by the Japanese mega- were also subdued, 3 - MUFG (3)
4 - UKEF () banks: Mizuho Bank, with only one deal 4 - SMBC (5)
5 - IBD (5) MUFG and SMBC as worth US$591.7m 5 - CBA (7)
second, third and recorded. Mining,
MULTILATERAL TOP 5 FOR fourth busiest banks telecommunications and the waste and recycling
DEVELOPED MARKETS
(2015 POSITION IN BRACKETS)
respectively. All were sectors were also quiet, with a total of four deals
active in Indonesia, worth just over US$500m.
1 - EIB (1) Australia and the
2 - EFK (5) domestic Japanese EMEA
3 - JBIC (7) market, which saw The project finance loan market in the EMEA
4 - Finnvera (2) many renewable region was up 14% from US$108.2bn in 2015 to
5 - NIB (4) energy projects being US$123.3bn in 2016. The main reason was one
pursued. mega project, the US$19bn Yamal LNG financing
The four major Australia banks occupy the in Russia. Project bond issuance in the region
next four positions, CBA, NAB, Westpac and stood at US$16.6bn, compared with US$10.3bn
ANZ, in that order. French bank Credit Agricole last year. Russia topped the loan country table
was ninth and rounding out the top 10 is China due to Yamal, while the UK topped the bond
Development Bank with its two projects a country table. China Development Bank topped
bilateral for Shenhua Guohua in Indonesia and a the lending table, again due to that one deal,
syndicated loan for White Rock in Australia. followed by the Japanese, MUFG and SMBC, and
It is not surprising that Australia tops the deal the French, BNP Paribas and Credit Agricole.
table in the Asia-Pacific region considering that the The Gulf region accounted for US$27.2bn of
countrys two major states, NSW and Victoria, have the loan table, down slightly on 2015 where the
been very active in port and power asset sales and figure was US$28.5bn. Saudi Arabia was down from
transport infrastructure deals over the past year. US$13bn to US$7.9bn but Oman, Kuwait, UAE and
While the number of Australian deals was relatively Qatar showed up well. Turkey was down from
low at 33, the deals were nevertheless worth a massive US$10bn to US$3.4bn while FSU was boosted by the
US$24.3bn, which also put the country second on the Yamal and TCO deals, up to US$22.5bn.
global deal list after the United States. The African market halved from US$10.5bn down
Japan and India also had a good year, recording to US$5.2bn as Nigeria fell from US$4.2bn to just
51 and 50 deals respectively that were worth US$180m. This meant the emerging market part of
US$9.4bn and US$8.5bn. In Japan, the airport leasing the EMEA total was US$58.3bn, leaving US$65bn for
deals were the largest and the country is currently Europe exactly the same figure as last year.
experiencing a large number of solar deals. In India, The big theme in Europe last year was offshore
infrastructure deals are still the big ticket items. wind farms and deal activity in this sector is set to
Indonesia was the next biggest AP deal-maker continue into 2017. Elsewhere, there were fewer
with 10 deals worth US$6.5bn, and with oil and mega deals and the big infraco financings were
gas and power deals recording the most activity. not as predominant as in the past. There were a
New Zealand is climbing up the deal ladder thanks lot more deals in 2016, 387 compared with 329
to the countrys increased use of PPPs for schools, in 2015. There were also many small to medium-
prisons and roads. New Zealand registered three deals sized renewable deals, whether backing new
worth US$1.4bn. South Korea also recorded US$1.4bn projects or refinancings/M&A plays.
on the back of six deals largely in the small PPP sector. MUFG was top of the non-China Development Bank
The next highest deal-maker in the tables was table followed by SMBC, BNP Paribas, Credit Agricole,
Thailand with four deals worth US$513.2m. In the ING, Societe Generale, Sberbank, Natixis and NordLB.
rest of the Asia-Pacific, Vietnam, China, Mongolia Aside from CDB and Sberbank, the banks in the Top
and Taiwan had a quiet year, with a combined 10 all transacted a lot of deals. For its US$2.4bn total,
five deals worth slightly less than US$400m NordLB, for example, did 47 deals at an average of
As expected, the power sector was the busiest, with US$51.4m per deal. At the top, MUFG did 50 deals
102 deals worth US$31.7bn, while transportation for its US$5bn at an average of US$100m each. One
recorded 35 deals worth US$11.9bn. Oil and gas was surprise was that KfW IPEX dropped from eighth to
also a busy sector, with 13 deals worth US$4bn. 17th in the table.
AMERICAS TOP 5 FOR Leisure and property Bond activity was EMEA TOP 5 FOR
LOAN ARRANGERS recorded six deals up 61% to US$16.6bn LOAN ARRANGERS
(2015 POSITION IN BRACKETS) (2015 POSITION IN BRACKETS)
worth US$2bn while as institutional
1 - MUFG (1) the petrochemical investors became more 1 - China Development Bank ()
2 - SMBC (2) sector was subdued competitive once again 2 - MUFG (1)
3 - Santander (3) with only two deals and started to take part 3 - SMBC (2)
4 - Credit Agricole (6) worth US$862m. in bank deals with their 4 - BNP Paribas (5)
5 - Mizuho (4) Similarly, water and own tranches.. 5 - Credit Agricole (3)
1 Mitsubishi UFJ 5,406.7 9.7 72 AIA Colchis (United States, 58.9), Alamo 7 (United States, 13.2), Atlantic Power (United States, 150.0), BIF III
Holtwood (United States, 65.0), Blythe Solar Holdings II (United States, 26.1), Blythe Solar Holdings (United
States, 26.2), Calpine Steamboat Holdings (United States, 124.7), Calumet Concession Partners (United States,
53.1), Carso Gasoducto Norte de Cv (Mexico, 60.0), CD Global Solar II ID Borrower (United States, 45.6), CED
California Holdings (United States, 43.0), Cedar Creek II Wind Facility (United States, 70.9), Cedro Hill Windfarm
(United States, 56.0), Cedro Hill Windfarm (United States, 0.1), Cedro Hill Windfarm (United States, 0.7), Central
El Campesino (Chile, 141.7), Cheniere Energy Partners (United States, 233.3), Cornerstone Natural Gas Co (United
States, 109.6), CPV Towantic (United States, 68.5), Dakota Access (United States, 147.1), DP World (Canada, 112.4),
EDF en Canada Solar Arnprior (Canada, 17.8), EDF en Canada Solar Arnprior (Canada, 19.0), Edgeconnex Chicago
Hldg (United States, 74.9), EFS Cogen Holdings I (United States, 204.2), Electra Wind (United States, 105.0),
Emerald State Solar (United States, 90.2), Fowler Ridge II Wind Farm (United States, 68.1), Goreway Station
Partnership (Canada, 112.9), Grand Valley 1 (Canada, 37.6), Green Racer Wind, (United States, 71.0), Grey
Highlands Clean Energy (Canada, 33.0), Heartland Wind I (United States, 37.1), Heartland Wind II (United States,
35.3), Impulsora Pipeline (Mexico, 31.8), Interchile Transmission (Chile, 128.5), KMC Thermo (United States, 40.0),
Kruger Energy Chatham (Canada, 75.1), Lackawanna Energy Center (United States, 82.7), Marshall Wind Energy
(United States, 35.0), Mehoopany Wind Energy (United States, 67.6), Mejilones-Cardones (Chile, 115.1), Midstream
de Mexico (Mexico, 97.1), MIP III Yellowtail Hldg (United States, 77.5), Mountain View Partners GP (Canada, 60.9),
Net Mexico Pipeline (United States, 111.5), Newark Energy Center (United States, 181.3), NextEra Cedar Point II and
E (Canada, 60.8), NR Capital General Partnership (Canada, 104.6), NSG Holdings (United States, 141.2), NTE
Carolinas (United States, 48.4), Rosamond I (United States, 38.5), Russell City Energy Center (United States,
123.9), SBL Holdco (United States, 43.5), Seigneurie de Beaupre II & III (Canada, 123.5), SLS Wind Development
(Canada, 22.9), Solar Star Projects (United States, 150.5), Southgate Solar (Canada, 26.8), SR Wind Development
(Canada, 27.5), Stardale Solar Project (Canada, 83.6), Sunderland Solar (Canada, 37.7), SunE Rutley (Canada,
38.9), SunE South Stormont (Canada, 69.7), Sune Welland Ridge (Canada, 48.2), Tenaska Pennsylvania Partners
(United States, 86.7), Total Sunpower El Pelicano (Chile, 49.9), Tsuga Pine Wind (United States, 40.3), Veresen Mid
(Canada, 35.4), Veresen Mid (Canada, 15.0), Virginia International Gateway (United States, 110.0), Voyager Wind I
Finance (United States, 88.2), WG Partners (United States, 175.0)
2 SMBC 3,385.1 6.1 44 Autopista Conexion Pacifico 1 (Colombia, 37.5), Autopistas del Nordeste C por (Colombia, 83.3), BIF III Holtwood
(United States, 65.0), Blythe Solar Holdings II (United States, 26.1), Blythe Solar Holdings (United States, 26.2),
Boulder Solar I Project (United States, 56.8), Central El Campesino (Chile, 141.7), Cheniere Corpus Christi Hldg
(United States, 87.5), Cheniere Energy Partners (United States, 233.3), Concesionaria Vial Sierra (Peru, 66.7),
Conexion Norte Highway (Colombia, 75.0), Coronal Tulare Holdings (United States, 72.9), CVSR HoldCo (United
States, 12.7), Dakota Access (United States, 147.1), Deepwater Wind Block Island (United States, 57.3), Desert
Sunlight (United States, 30.7), Edgeconnex Chicago Hldg (United States, 74.9), EE Waianae Solar Holdings
(United States, 71.2), Emerald State Solar (United States, 90.2), Etobicoke Gen Hosp Phase 1 (Canada, 26.4),
Fenix Power Peru (Peru, 182.9), GFS I CLASS B MEMBER (United States, 36.0), Glenfarne Grp Acq Project (Chile,
27.8), Goreway Station Partnership (Canada, 112.9), Impulsora Pipeline (Mexico, 31.8), Interchile Transmission
(Chile, 128.5), Lackawanna Energy Center (United States, 82.7), Long Beach Civic Center (United States, 213.0),
Luning Energy Holdings (Chile, 30.0), Marshall Wind Energy (United States, 35.0), Mejilones-Cardones (Chile,
115.1), Navajo Transitional Energy Co (United States, 57.5), NTE Carolinas (United States, 48.4), Parque Eolico
Cabo Leones (Chile, 46.1), Poinsettia Finance Ltd (Mexico, 166.7), Port City Water Partners (Canada, 84.7), Santiago
Solar Project (Chile, 39.5), SBL Holdco (United States, 43.5), Seigneurie de Beaupre II & III (Canada, 123.5),
Seneca College Expansion (Canada, 47.4), State Street Redevelopment (United States, 25.2), Total Sunpower El
Pelicano (Chile, 49.9), TransEd Partners GP (Canada, 29.1), Vista Ridge (United States, 145.8)
3 Santander 2,292.9 4.1 31 Arturo Merino Benitez Intl (Chile, 148.1), Bethel Wind Farm (United States, 169.2), Cedar Creek II Wind Facility
(United States, 70.9), Chapada do Piau II Holding (Brazil, 87.4), Concesionaria Autopista (Mexico, 244.8),
Concesionaria Tunel de (Mexico, 44.4), Concesionaria Vial Sierra (Peru, 66.7), Conipsa (Mexico, 7.5), Desert
Sunlight (United States, 30.7), Duoro Seas Shipping Project (Mexico, 105.7), Edgeconnex Chicago Hldg (United
States, 74.9), Fermaca Pipeline de Occidente (Mexico, 50.0), Fermaca Pipeline La Laguna (Mexico, 69.1), GFS I
CLASS B MEMBER (United States, 36.0), Impulsora Pipeline (Mexico, 31.8), Leeward Renewable Energy (United
States, 85.6), Mejilones-Cardones (Chile, 58.8), Mississippi Solar 2 (United States, 30.6), Net Mexico Pipeline
(United States, 75.5), North Star (United States, 56.6), Oaxaca I Wind (Mexico, 33.3), RE Roserock Holdings
(United States, 48.5), Red de Carreteras de Occidente (Mexico, 82.7), Refineria La Pampilla (Peru, 252.0),
Rosamond I (United States, 38.5), Santiago International Airport (Chile, 72.8), Santiago Occidente Hosp (Chile,
87.3), Serra Para (Brazil, 50.7), sPower FinCo 3 (United States, 17.0), sPower FinCo 3 (United States, 25.9), Tsuga
Pine Wind (United States, 40.3)
4 Credit Agricole 2,232.5 4.0 30 8point3 Energy Partners (United States, 50.0), Arturo Merino Benitez Intl (Chile, 68.8), Autopista Conexion
Pacifico 1 (Colombia, 37.5), Boulder Solar I Project (United States, 56.8), Calpine Steamboat Holdings (United
States, 124.7), Calumet Concession Partners (United States, 53.1), Central El Campesino (Chile, 141.7), Clean Energy
Future - Lordstow (United States, 64.9), Cornerstone Natural Gas Co (United States, 109.6), CPV Towantic (United
States, 68.5), Dakota Access (United States, 147.1), DP World (Canada, 112.4), Fiduciaria Corficolombiana
*Proportional Credit
1 State Bank of India 5,016.4 8.8 11 Gangavaram Port Ltd (India, 186.7), HPCL Mittal Energy Ltd (India, 704.0), Indian Oil Adani Gas Pte Ltd (India, 74.8),
Jharkhand Infrastructure (India, 72.0), KSK Mahanadi Power Co Ltd (India, 843.1), Meenakshi Energy Pvt Ltd (India,
501.9), NRSS XXIX Transmission Ltd (India, 335.0), Ramagundam Fertilizers and Che (India, 591.7), Sandla Wind
Project Pvt Ltd (India, 44.2), Sasan Power Ltd (India, 1,653.1), Tantia Raxaultollway Pvt Ltd (India, 9.7)
2 Mitsubishi UFJ 4,005.6 7.0 30 Aichi Road Concession (Japan, 182.8), AquaSure Finance Pty Ltd (Australia, 55.8), Ausgrid Finance Pty Ltd (Australia,
511.9), Banpong Utilities Co Ltd (Thailand, 58.3), Cameron LNG Vessel [MHI] (Japan, 192.0), Cameron LNG Vessel [SHI]
(Japan, 192.0), Canberra Metro Finance Pty Ltd (Australia, 78.3), Ethane Crystal LLC (India, 47.7), Fukushima Power
Project (Japan, 698.0), GK Green Power Otsuki (Japan, 15.0), GoldLinQ Securitisation Pty (Australia, 78.8), GS Coal
Pty Ltd (Australia, 31.1), GWI Acquisitions Pty Ltd (Australia, 60.9), Kalsel 1 Coal-Fired Plant (Indonesia, 81.8), Kansai
Airports (Japan, 333.2), Kobelco Power Moka Inc (Japan, 193.7), LCT-MRE Nominees Pty Ltd (Australia, 39.7), Lonsdale
Finance Pty Ltd (Australia, 182.1), Mirai Soden Samuraihama GK (Japan, 39.5), Mount Emerald Wind Farm (Australia,
53.2), Plenary Health Finance Co Pty (Australia, 60.7), Plenary Living[LEAP 2]Pty Ltd (Australia, 90.5), PT Bhimasena
Power Indonesia (Indonesia, 195.6), QAL Finance Pty Ltd (Australia, 115.7), QS MAPS Holdings No 4 Pty Ltd (Australia,
31.1), Sentinel Financing Pty Ltd (Australia, 90.5), Shunan Bulk Terminal (Japan, 35.4), SK E&S LNG Vessels (South
Korea, 76.0), Trans Thai-Malaysia [Malaysia] (Thailand, 65.0), TuasOne Pte Ltd (Singapore, 119.3)
3 Mizuho Financial 3,883.1 6.8 25 Akita Katagami Wind Farm LLC (Japan, 67.9), AquaSure Finance Pty Ltd (Australia, 55.8), Ausgrid Finance Pty Ltd
(Australia, 511.9), Banpong Utilities Co Ltd (Thailand, 58.3), Eurus Otoyo Wind Farm Corp (Japan, 60.7), Evolution Rail
Finance Pty Ltd (Australia, 129.2), Fukushima Power Project (Japan, 698.0), GoldLinQ Securitisation Pty (Australia,
78.8), Gpd Sakura Solar Corporation (Japan, 111.5), High Speed Marine Transport (Japan, 84.0), Hiroshima Saintpine
GC Mega (Japan, 54.3), IC Card Sogo Riyo Center (Japan, 3.3), Kalsel 1 Coal-Fired Plant (Indonesia, 81.8), Kansai
Airports (Japan, 333.2), Karumai East Solar Llc (Japan, 100.4), Kobelco Power Moka Inc (Japan, 290.6), PT Bhimasena
Power Indonesia (Indonesia, 195.6), QS MAPS Holdings No 4 Pty Ltd (Australia, 31.1), Sendai Okura GD Daiichi Godo
(Japan, 115.7), Solar Power Minamisoma (Japan, 168.7), Solar Power Minamisoma-Haramac (Japan, 92.4), Tokachi
Solar Power Plant (Japan, 73.8), Tomoe Science Partners Co Ltd (Japan, 311.1), TuasOne Pte Ltd (Singapore, 119.3),
Yokohama Bay Link Corp (Japan, 55.6)
4 SMBC 3,849.9 6.7 33 Aizu Solar Energy GK (Japan, 85.6), AquaSure Finance Pty Ltd (Australia, 55.8), Ausgrid Finance Pty Ltd (Australia,
511.9), Banpong Utilities Co Ltd (Thailand, 58.3), Binsar Natorang Energi (Indonesia, 46.7), Clare Solar Farm Fin Pty
Ltd (Australia, 66.8), Clean Energy Asia LLC (Mongolia, 90.0), Ethane Crystal LLC (India, 47.7), Eurus Higashiyurihara
Wind (Japan, 103.9), Fukushima Power Project (Japan, 698.0), GK Green Power Otsuki (Japan, 15.0), GS Coal Pty
Ltd (Australia, 31.1), GWI Acquisitions Pty Ltd (Australia, 60.9), Hiraizumi Solar Energy Godo (Japan, 31.8), Ise Total
Nanao Power Plant GK (Japan, 79.8), Kalsel 1 Coal-Fired Plant (Indonesia, 81.8), Kansai Airports (Japan, 333.2),
Karumai East Solar Llc (Japan, 100.4), Kobelco Power Moka Inc (Japan, 193.7), Lonsdale Finance Pty Ltd (Australia,
182.1), Mirai Soden Takahagi GK (Japan, 84.3), Musselroe Wind Farm Pty Ltd (Australia, 20.5), OR Solar Three (Japan,
44.9), Patrick Terminals Bidco Pty (Australia, 112.7), PHIA FinCo Pty Ltd (Australia, 37.0), PT Bhimasena Power
Indonesia (Indonesia, 195.6), Sapphire Wind Farm (Australia, 22.7), SK E&S LNG Vessels (South Korea, 76.0), Tempoku
Energy (Japan, 80.3), TQ APL Finance Co Pty Ltd (Australia, 145.7), Trans Thai-Malaysia [Malaysia] (Thailand, 65.0),
Transurban Queensland Fin Pty (Australia, 66.1), Woolnorth Wind Farm (Australia, 24.6)
5 Commonwealth Bank of 2,485.3 4.3 20 AquaSure Finance Pty Ltd (Australia, 55.8), Ausgrid Finance Pty Ltd (Australia, 511.9), Australian Gas Networks Ltd
Australia (Australia, 36.9), C&G Health Infrastructure Tr (Australia, 138.0), Canberra Metro Finance Pty Ltd (Australia, 101.8),
First Gas Holdings Ltd (New Zealand, 191.9), GS Coal Pty Ltd (Australia, 31.1), GWI Acquisitions Pty Ltd (Australia,
60.9), Lonsdale Finance Pty Ltd (Australia, 204.9), Macarthur Water Pty Ltd (Australia, 57.0), Northern Territory
Airports (Australia, 62.7), Patrick Terminals Bidco Pty (Australia, 112.7), Plenary Living[LEAP 2]Pty Ltd (Australia,
90.5), QAL Finance Pty Ltd (Australia, 115.7), QS MAPS Holdings No 4 Pty Ltd (Australia, 32.6), Sapphire Wind Farm
(Australia, 59.9), Sentinel Financing Pty Ltd (Australia, 90.5), TQ APL Finance Co Pty Ltd (Australia, 161.0), Transurban
Queensland Fin Pty (Australia, 84.2), WCX M5 FinCo Pty Ltd (Australia, 285.0)
6 National Australia Bank 2,163.5 3.8 20 AquaSure Finance Pty Ltd (Australia, 55.8), Ausgrid Finance Pty Ltd (Australia, 511.9), Clare Solar Farm Fin Pty Ltd
(Australia, 66.8), First Gas Holdings Ltd (New Zealand, 191.9), GS Coal Pty Ltd (Australia, 31.1), GWI Acquisitions
Pty Ltd (Australia, 60.9), Lonsdale Finance Pty Ltd (Australia, 182.1), Mount Emerald Wind Farm (Australia, 53.2),
Musselroe Wind Farm Pty Ltd (Australia, 20.5), Northern Territory Airports (Australia, 62.7), Patrick Terminals Bidco
Pty (Australia, 112.7), PHIA FinCo Pty Ltd (Australia, 37.0), Plenary Health Finance Co Pty (Australia, 60.7), Plenary
Living[LEAP 2]Pty Ltd (Australia, 90.5), QAL Finance Pty Ltd (Australia, 115.7), Sentinel Financing Pty Ltd (Australia,
90.5), Transurban Queensland Fin Pty (Australia, 66.1), WCX M5 FinCo Pty Ltd (Australia, 285.0), White Rock Wind
Farm Pty Ltd (Australia, 43.8), Woolnorth Wind Farm (Australia, 24.6)
7 Westpac Banking 2,010.4 3.5 14 AquaSure Finance Pty Ltd (Australia, 55.8), Ausgrid Finance Pty Ltd (Australia, 511.9), Evolution Rail Finance Pty Ltd
(Australia, 129.2), First Gas Holdings Ltd (New Zealand, 191.9), LCT-MRE Nominees Pty Ltd (Australia, 39.7), Lonsdale
Finance Pty Ltd (Australia, 182.1), Northern Territory Airports (Australia, 62.7), NX2 LP (New Zealand, 120.1), Plenary
Health Finance Co Pty (Australia, 60.7), QAL Finance Pty Ltd (Australia, 115.7), TQ APL Finance Co Pty Ltd (Australia,
145.7), Transurban Queensland Fin Pty (Australia, 66.1), WCX M5 FinCo Pty Ltd (Australia, 285.0), White Rock Wind
Farm Pty Ltd (Australia, 43.8)
8 ANZ 1,941.7 3.4 15 AquaSure Finance Pty Ltd (Australia, 55.8), Ausgrid Finance Pty Ltd (Australia, 604.5), Canberra Metro Finance Pty
Ltd (Australia, 78.3), Ethane Crystal LLC (India, 47.7), First Gas Holdings Ltd (New Zealand, 205.9), GS Coal Pty Ltd
(Australia, 31.1), GWI Acquisitions Pty Ltd (Australia, 60.9), Lonsdale Finance Pty Ltd (Australia, 182.1), Mount Emerald
Wind Farm (Australia, 53.2), Northern Territory Airports (Australia, 62.7), NX2 LP (New Zealand, 120.1), Patrick
Terminals Bidco Pty (Australia, 112.7), Plenary Living[LEAP 2]Pty Ltd (Australia, 90.5), Sentinel Financing Pty Ltd
(Australia, 90.5), TQ APL Finance Co Pty Ltd (Australia, 145.7)
9 Credit Agricole 1,481.9 2.6 9 AquaSure Finance Pty Ltd (Australia, 55.8), Ausgrid Finance Pty Ltd (Australia, 511.9), Ethane Crystal LLC (India,
47.7), GS Coal Pty Ltd (Australia, 31.1), Kansai Airports (Japan, 333.2), Plenary Health Finance Co Pty (Australia, 60.7),
Plenary Living[LEAP 2]Pty Ltd (Australia, 90.5), Transurban Queensland Fin Pty (Australia, 66.1), WCX M5 FinCo Pty
Ltd (Australia, 285.0)
10 China Development Bank 1,362.8 2.4 2 PT Shenhua Guohua (Indonesia, 1,319.0), White Rock Wind Farm Pty Ltd (Australia, 43.8)
11 Korea Development Bank 1,289.8 2.3 9 Binsar Natorang Energi (Indonesia, 54.0), Bitplex Co Ltd (South Korea, 55.8), Chitose Solar Power LLC (Japan, 93.8),
Green Air Co Ltd (South Korea, 158.5), GS Yeongyang Windpower Co Ltd (South Korea, 20.3), Kalsel 1 Coal-Fired Plant
(Indonesia, 102.9), Seoul Univ Med Hub Co Ltd (South Korea, 73.4), Shinbundang Railroad Ltd (South Korea, 655.2),
SK E&S LNG Vessels (South Korea, 76.0)
12 Development Bank of 1,243.6 2.2 5 Fujimi Solar Energy LLC (Japan, 2.9), Fukushima Power Project (Japan, 698.0), Kansai Airports (Japan, 333.2), OR
Japan Solar Eight LLC (Japan, 141.2), OR Solar Twelve LLC (Japan, 68.4)
13 Bank of China 1,214.5 2.1 9 Ausgrid Finance Pty Ltd (Australia, 339.0), Evolution Rail Finance Pty Ltd (Australia, 129.2), Lonsdale Finance Pty
Ltd (Australia, 182.1), Musselroe Wind Farm Pty Ltd (Australia, 20.5), Patrick Terminals Bidco Pty (Australia, 112.7),
Universal Terminal [S] Pte Ltd (Singapore, 218.3), Victoria Intl Container (Australia, 49.7), Well Harvest Winning
Alumina (Indonesia, 138.3), Woolnorth Wind Farm (Australia, 24.6)
14 DBS 1,211.7 2.1 11 Ethane Crystal LLC (India, 47.7), Kalsel 1 Coal-Fired Plant (Indonesia, 81.8), Lonsdale Finance Pty Ltd (Australia, 182.1),
Patrick Terminals Bidco Pty (Australia, 112.7), PT Bhimasena Power Indonesia (Indonesia, 195.6), Star Energy Kakap
PSC (Indonesia, 22.0), TuasOne Pte Ltd (Singapore, 119.3), Universal Terminal [S] Pte Ltd (Singapore, 218.3), Victoria
Intl Container (Australia, 49.7), Well Harvest Winning Alumina (Indonesia, 138.3), Yunnan Zhongda Yanjin Power
(China, 44.3)
15 HSBC 1,161.4 2.0 9 AquaSure Finance Pty Ltd (Australia, 55.8), Ausgrid Finance Pty Ltd (Australia, 511.9), Canberra Metro Finance Pty
Ltd (Australia, 78.3), Ethane Crystal LLC (India, 47.7), Evolution Rail Finance Pty Ltd (Australia, 129.2), PT Bumi
Suksesindo (Indonesia, 43.3), Trans Thai-Malaysia [Malaysia] (Thailand, 65.0), Trans Thai-Malaysia [Malaysia]
(Thailand, 12.0), Universal Terminal [S] Pte Ltd (Singapore, 218.3)
16 Societe Generale 1,118.2 2.0 11 Ausgrid Finance Pty Ltd (Australia, 511.9), Binsar Natorang Energi (Indonesia, 46.7), Canberra Metro Finance Pty
Ltd (Australia, 78.3), Ethane Crystal LLC (India, 47.7), GS Coal Pty Ltd (Australia, 31.1), HWF 2 Pty Ltd (Australia,
63.6), Lonsdale Finance Pty Ltd (Australia, 182.1), Mount Emerald Wind Farm (Australia, 53.2), PT Bumi Suksesindo
(Indonesia, 43.3), Royalla Hldg Australia Pty Ltd (Australia, 38.8), Sanchuan Energy Co Ltd (China, 21.5)
17 Bank of Philippine 1,082.0 1.9 3 Angat Hydropower Corp (Philippines, 253.4), Redondo Peninsula Energy (Philippines, 632.6), SN Aboitiz Power-
Islands Magat Inc (Philippines, 196.0)
18 BNP Paribas 1,066.2 1.9 10 Ausgrid Finance Pty Ltd (Australia, 511.9), Ethane Crystal LLC (India, 47.7), Formosa I Wind Power Co Ltd (Taiwan,
25.6), GS Coal Pty Ltd (Australia, 31.1), GWI Acquisitions Pty Ltd (Australia, 60.9), Lonsdale Finance Pty Ltd (Australia,
182.1), PT Bumi Suksesindo (Indonesia, 43.3), Sanchuan Energy Co Ltd (China, 21.5), SK E&S LNG Vessels (South
Korea, 76.0), Transurban Queensland Fin Pty (Australia, 66.1)
19 Scotiabank 984.1 1.7 5 Ausgrid Finance Pty Ltd (Australia, 511.9), Canberra Metro Finance Pty Ltd (Australia, 78.3), Lonsdale Finance Pty Ltd
(Australia, 182.1), TQ APL Finance Co Pty Ltd (Australia, 145.7), Transurban Queensland Fin Pty (Australia, 66.1)
20 Shinsei Bank 953.6 1.7 13 Atsuma Mega Solar Power (Japan, 38.7), Hayato Kirishima Mega Solar (Japan, 55.1), Ichinoseki Mega Solar Power
(Japan, 72.8), Inashiki Mega Solar Power (Japan, 50.2), Karumai East Solar Llc (Japan, 22.3), Kirishima Mega Solar
Power (Japan, 117.4), Mukaihama Biomass Plant (Japan, 2.0), Nippon Solar Services GK (Japan, 101.0), PT Bhimasena
Power Indonesia (Indonesia, 195.6), Suwa Mega Solar Power (Japan, 149.4), Takahagi Mega Solar Power (Japan, 66.6),
Takizawa Mega Solar Power (Japan, 21.6), X-Elio 10 Godo Gaisha (Japan, 61.0)
21 Bank of America Merrill 944.7 1.7 6 Ausgrid Finance Pty Ltd (Australia, 511.9), Ethane Crystal LLC (India, 47.7), GWI Acquisitions Pty Ltd (Australia, 60.9),
Lynch Lonsdale Finance Pty Ltd (Australia, 182.1), SK E&S LNG Vessels (South Korea, 76.0), Transurban Queensland Fin Pty
(Australia, 66.1)
22 ING 943.9 1.7 7 Ausgrid Finance Pty Ltd (Australia, 511.9), GS Coal Pty Ltd (Australia, 31.1), LCT-MRE Nominees Pty Ltd (Australia,
39.7), Lonsdale Finance Pty Ltd (Australia, 182.1), Nagi PV GK (Japan, 38.5), Oita Solar GK (Japan, 117.7), PV Keez Pte
Ltd (Vietnam, 23.0)
23 Natixis 868.2 1.5 5 Ausgrid Finance Pty Ltd (Australia, 511.9), Lonsdale Finance Pty Ltd (Australia, 182.1), Plenary Health Finance Co Pty
(Australia, 60.7), Plenary Living[LEAP 2]Pty Ltd (Australia, 90.5), PV Keez Pte Ltd (Vietnam, 23.0)
24 ICICI 772.0 1.4 6 Clean Solar Power [Dhar] Pvt (India, 21.1), Clean Wind Power [Ratlam] Pvt (India, 157.9), Haldia Energy Ltd (India,
422.2), KEC Bikaner Sikar (India, 27.0), PTC Energy Ltd (India, 82.3), Rajkot Gujarat Solar Energy (India, 61.4)
25 ICBC 765.8 1.3 5 AquaSure Finance Pty Ltd (Australia, 55.8), Ausgrid Finance Pty Ltd (Australia, 339.0), Evolution Rail Finance Pty Ltd
(Australia, 129.2), Lonsdale Finance Pty Ltd (Australia, 182.1), SDIC Hami Power Co Ltd (China, 59.6)
26 Axis Bank 706.9 1.2 10 Bhoruka Power Corp Ltd (India, 37.8), Coastal Gujarat Power Ltd (India, 143.0), Energon Power Resources Pvt (India,
40.8), JSW Jaigarh Port Ltd (India, 257.7), Mahabubnagar Solar Pks Pvt Ltd (India, 8.3), Nrthn Solaire Prakash Pvt Ltd
(India, 19.5), Ostro Madhya Wind Pvt Ltd (India, 72.5), Suryauday Solaire Prakash Pvt (India, 10.3), Tadas Wind Energy
Pvt Ltd (India, 33.2), Vyshali Energy Pvt Ltd (India, 83.8)
27 Bank of Communications 650.3 1.1 3 Ausgrid Finance Pty Ltd (Australia, 339.0), Evolution Rail Finance Pty Ltd (Australia, 129.2), Lonsdale Finance Pty Ltd
(Australia, 182.1)
28 Rizal Commercial 584.0 1.0 2 GNPower Dinginin Ltd Co (Philippines, 415.6), Light Rail Manila Corp (Philippines, 168.4)
Banking
29 UOB 528.3 .9 4 Evolution Rail Finance Pty Ltd (Australia, 129.2), NX2 LP (New Zealand, 120.1), Plenary Health Finance Co Pty
(Australia, 60.7), Universal Terminal [S] Pte Ltd (Singapore, 218.3)
30 Norinchukin Bank 521.1 .9 2 Ausgrid Finance Pty Ltd (Australia, 339.0), Lonsdale Finance Pty Ltd (Australia, 182.1)
31 Yes Bank 471.9 .8 7 Atria Wind Power (India, 28.7), Axis Wind Farms [MPR DAM] Pvt (India, 97.7), Brightsolar Renewable Energy (India,
9.6), Cleansolar Renewable Energy (India, 31.6), Globus Steel & Power Pte Ltd (India, 18.5), Hindupur Solar Parks Pvt
Ltd (India, 62.5), Kundli Manesar Expressway Ltd (India, 223.3)
32 China Construction Bank 461.8 .8 4 Lonsdale Finance Pty Ltd (Australia, 182.1), NX2 LP (New Zealand, 120.1), QAL Finance Pty Ltd (Australia, 115.7), White
Rock Wind Farm Pty Ltd (Australia, 43.8)
33 IDFC 428.6 .8 7 Andhra Expressway Ltd (India, 4.2), Gorakhpur Infrastructure Co (India, 21.5), Green Infra (India, 121.6), Kosi Bridge
Infrastructure Co (India, 14.8), Mukarba Chowk Panipat Toll (India, 237.2), Mumbai Nasik Expressway Ltd (India, 24.9),
Rajahmundry Expressway Ltd (India, 4.4)
34 Banco De Oro 415.6 .7 1 GNPower Dinginin Ltd Co (Philippines, 415.6)
35 CIBC World Markets 381.7 .7 5 LCT-MRE Nominees Pty Ltd (Australia, 39.7), Lonsdale Finance Pty Ltd (Australia, 182.1), Northern Territory Airports
(Australia, 62.7), QS MAPS Holdings No 4 Pty Ltd (Australia, 31.1), Transurban Queensland Fin Pty (Australia, 66.1)
=36 Bank Mandiri 373.6 .7 4 PT Ngawi Kertosono Jaya (Indonesia, 85.4), PT Prima Multi Terminal (Indonesia, 54.8), PT Solo Ngawi Jaya (Indonesia,
110.7), PT Trans Marga Jateng (Indonesia, 122.7)
=36 Bank Negara Indonesia 373.6 .7 4 PT Ngawi Kertosono Jaya (Indonesia, 85.4), PT Prima Multi Terminal (Indonesia, 54.8), PT Solo Ngawi Jaya (Indonesia,
110.7), PT Trans Marga Jateng (Indonesia, 122.7)
=36 Bank Rakyat Indonesia 373.6 .7 4 PT Ngawi Kertosono Jaya (Indonesia, 85.4), PT Prima Multi Terminal (Indonesia, 54.8), PT Solo Ngawi Jaya (Indonesia,
110.7), PT Trans Marga Jateng (Indonesia, 122.7)
39 OCBC 365.0 .6 3 GS Coal Pty Ltd (Australia, 31.1), PT Bhimasena Power Indonesia (Indonesia, 195.6), Well Harvest Winning Alumina
(Indonesia, 138.3)
40 Agricultural Bank of 339.0 .6 1 Ausgrid Finance Pty Ltd (Australia, 339.0)
China
41 Standard Chartered 315.6 .6 3 Ethane Crystal LLC (India, 47.7), Universal Terminal [S] Pte Ltd (Singapore, 218.3), Victoria Intl Container (Australia,
49.7)
42 Indusind-Bank-Ltd 281.6 .5 6 Hetero Wind Power [Pennar] (India, 28.3), Kiran Renewable Energy Pvt Ltd (India, 5.3), Maheshwaram Transmission
Ltd (India, 47.5), PTC Energy Ltd (India, 48.6), Renew Akshay Urja Pvt Ltd (India, 104.3), Welspun Renewables Energy
Pvt (India, 47.7)
43 Citi 271.0 .5 4 Ethane Crystal LLC (India, 47.7), GWI Acquisitions Pty Ltd (Australia, 60.9), Patrick Terminals Bidco Pty (Australia,
112.7), Victoria Intl Container (Australia, 49.7)
44 Sumitomo Mitsui Trust 266.4 .5 3 AquaSure Finance Pty Ltd (Australia, 55.8), GK Green Power Otsuki (Japan, 15.0), PT Bhimasena Power Indonesia
(Indonesia, 195.6)
45 China Petroleum Finance 218.3 .4 1 Universal Terminal [S] Pte Ltd (Singapore, 218.3)
46 Intesa Sanpaolo 208.0 .4 2 Evolution Rail Finance Pty Ltd (Australia, 129.2), GoldLinQ Securitisation Pty (Australia, 78.8)
47 China Banking Corp 196.0 .3 1 SN Aboitiz Power-Magat Inc (Philippines, 196.0)
48 KfW IPEX-Bank 192.1 .3 3 GoldLinQ Securitisation Pty (Australia, 78.8), HWF 2 Pty Ltd (Australia, 63.6), Victoria Intl Container (Australia, 49.7)
=49 Metropolitan Bank & 168.4 .3 1 Light Rail Manila Corp (Philippines, 168.4)
Trust
=49 Security Bank 168.4 .3 1 Light Rail Manila Corp (Philippines, 168.4)
51 IDBI Bank 164.4 .3 1 Khed Sinnar Expressway Ltd (India, 164.4)
52 DZ Bank 120.1 .2 1 NX2 LP (New Zealand, 120.1)
53 Malayan Banking 119.3 .2 1 TuasOne Pte Ltd (Singapore, 119.3)
54 RBC Capital Markets 115.7 .2 1 QAL Finance Pty Ltd (Australia, 115.7)
55 JP Morgan 108.6 .2 2 Ethane Crystal LLC (India, 47.7), GWI Acquisitions Pty Ltd (Australia, 60.9)
56 Deutsche Bank 102.4 .2 1 GASJA 4 GK (Japan, 102.4)
57 KfW Bankengruppe 90.5 .2 1 Sentinel Financing Pty Ltd (Australia, 90.5)
58 Mega Financial 88.9 .2 3 Musselroe Wind Farm Pty Ltd (Australia, 20.5), White Rock Wind Farm Pty Ltd (Australia, 43.8), Woolnorth Wind Farm
(Australia, 24.6)
59 Clean Energy Finance 88.6 .2 1 Sapphire Wind Farm (Australia, 88.6)
60 BBVA 78.8 .1 1 GoldLinQ Securitisation Pty (Australia, 78.8)
61 Credit Mutuel 76.3 .1 2 AquaSure Finance Pty Ltd (Australia, 55.8), Musselroe Wind Farm Pty Ltd (Australia, 20.5)
62 Shinhan Financial 73.4 .1 1 Seoul Univ Med Hub Co Ltd (South Korea, 73.4)
63 Kasikornbank 72.9 .1 2 B Grimm Solar Power [Sakaeo] (Thailand, 14.7), Banpong Utilities Co Ltd (Thailand, 58.3)
64 Hokuto Bank 69.9 .1 2 Akita Katagami Wind Farm LLC (Japan, 67.9), Mukaihama Biomass Plant (Japan, 2.0)
=65 HDFC Bank 69.8 .1 5 Andhra Expressway Ltd (India, 4.2), Gorakhpur Infrastructure Co (India, 21.5), Kosi Bridge Infrastructure Co (India,
14.8), Mumbai Nasik Expressway Ltd (India, 24.9), Rajahmundry Expressway Ltd (India, 4.4)
=65 Kotak Mahindra Bank 69.8 .1 5 Andhra Expressway Ltd (India, 4.2), Gorakhpur Infrastructure Co (India, 21.5), Kosi Bridge Infrastructure Co (India,
14.8), Mumbai Nasik Expressway Ltd (India, 24.9), Rajahmundry Expressway Ltd (India, 4.4)
67 Siemens Financial 60.7 .1 1 Plenary Health Finance Co Pty (Australia, 60.7)
Services
68 TMB Bank 58.3 .1 1 Banpong Utilities Co Ltd (Thailand, 58.3)
69 Aozora Bank 55.3 .1 1 SGET Kamisu Mega Solar Godo (Japan, 55.3)
70 Investec 49.7 .1 1 Victoria Intl Container (Australia, 49.7)
71 Nord/LB 32.9 .1 2 Lakeland Solar & Storage Pty (Australia, 9.9), PV Keez Pte Ltd (Vietnam, 23.0)
72 First Financial 31.1 .1 1 QS MAPS Holdings No 4 Pty Ltd (Australia, 31.1)
73 Bank of India 29.9 .1 1 Welspun Renewables Energy Pvt (India, 29.9)
=74 Cathay United Bank 25.6 0.0 1 Formosa I Wind Power Co Ltd (Taiwan, 25.6)
=74 Entie Commercial Bank 25.6 0.0 1 Formosa I Wind Power Co Ltd (Taiwan, 25.6)
=76 NIBC 23.0 0.0 1 PV Keez Pte Ltd (Vietnam, 23.0)
=76 CTBC Financial Holding 23.0 0.0 1 PV Keez Pte Ltd (Vietnam, 23.0)
78 Tokyo Star Bank 10.3 0.0 2 Karatsushi Minato Furyoku (Japan, 4.6), Karatsushi Ohka Furyoku (Japan, 5.7)
Total* 57,241.5 100.0 169
*Proportional Credit
ASIA PACIFIC LOANS BY SECTOR ASIA PACIFIC AND JAPAN LOANS BY COUNTRY
Sector Volume (US$m) Nation US$m % No of deals
Power 31,046.5 Australia 24,319.0 42.5 33
Transportation 17,046.6 Japan 9,191.5 16.1 50
Oil & Gas 4,040.2 India 8,583.8 15.0 50
Leisure & Property 2,016.3 Indonesia 7,005.5 12.2 11
Industry 1,006.7 Philippines 2,614.4 4.6 5
Petrochemicals 862.5 Singapore 1,786.6 3.1 2
Water & Sewerage 726.6 South Korea 1,416.5 2.5 6
Mining 440.5 New Zealand 1,382.3 2.4 2
Waste & Recycling 55.6 Thailand 513.2 .9 4
Total 57,241.5 China 146.9 .3 3
Vietnam 115.0 .2 1
Mongolia 90.0 .2 1
Taiwan 76.9 .1 1
Total 57,241.5 165
1 China Development Bank 11,839.9 9.6 1 Yamal SPG (Russian Fed, 11,839.9)
2 Mitsubishi UFJ 5,046.4 4.1 50 A6 Hollandse brug en Almere (Netherlands, 33.8), Affinity Flying Training Svcs (United Kingdom, 97.1), Al Wathba Al
Allahamah (Utd Arab Em, 57.5), Alpha Trains Emil Sarl (Germany, 63.4), Amsterdam Courthouse (Netherlands, 136.8),
Assel Valley Wind Farm (United Kingdom, 26.0), Barka Independent Water (Oman, 68.4), Beatrice Offshore Windfarm
(United Kingdom, 162.2), Borealis Swedish Electricity (Sweden, 243.1), Brussels Airport Co (Belgium, 58.8), Cambrian
Wind Energy (United Kingdom, 68.6), Dhuruma Electricity Co (Saudi Arabia, 131.9), Dudgeon Offshore Wind (United
Kingdom, 213.2), Eeco Energy Efficiency Project (France, 39.8), Facility D IWPP (Qatar, 513.0), Falck Renewables Two Wind
(United Kingdom, 56.0), Fifth Bundle of Schools (Ireland-Rep, 53.8), Firebolt RB Holdings (United Kingdom, 127.1), Fixed
Wing Training [MFTS] (United Kingdom, 49.6), Greenwich BSF (United Kingdom, 108.1), Ibri Mega Gas Fired (Oman, 73.7),
Ital Gas Storage (Italy, 112.3), JLEAG Wind Limited (United Kingdom, 113.8), Kemsley Combined Heat and (United Kingdom,
88.8), Kilpilahti Power Plant (Finland, 31.9), Kirklees Social Housing PFI (United Kingdom, 50.7), LDV Harburnhead Limited
(United Kingdom, 59.4), Liwa Plastics Plant (Oman, 119.7), London City Airport (United Kingdom, 107.4), Lundin Petroleum
AB (Norway, 215.0), Magnetar Solar Portfolio (United Kingdom, 65.7), Manchester Airport Group (United Kingdom, 99.8),
N18 Motorway (Netherlands, 45.0), Nice Cote d Azur (France, 142.7), North Wales Waste (United Kingdom, 55.6), Norther
Offshore Wind Farm (Belgium, 65.1), Rabigh Independent Power (Saudi Arabia, 80.0), SAAone (Netherlands, 104.8), SGI
Gas Network (Italy, 63.1), Sheffield Road Maintenance PFI (United Kingdom, 51.7), Sohar Mega Gas Fired (Oman, 67.3),
Sonnedix six solar Pks of 57 (France, 104.1), TanQuid Zweite (Germany, 57.0), Tengizchevroil (Kazakhstan, 250.0),
Thermasol Extremadura Solar (Spain, 45.1), Velocita Energy Developments (United Kingdom, 110.4), Velocita Energy
Developments (United Kingdom, 75.8), Vitol Offshore Cape Three (Ghana, 84.5), W Browncastle Wind Energy (United
Kingdom, 57.3), Yanbu Aramco Sinopec Refining (Saudi Arabia, 140.9)
3 SMBC 4,124.9 3.4 35 A27/A1 Motorway (Netherlands, 73.0), Abellio GmbH (Germany, 71.2), Affinity Flying Training Svcs (United Kingdom, 97.1),
Al Wathba Al Allahamah (Utd Arab Em, 57.5), Amsterdam Courthouse (Netherlands, 136.8), Barka Independent Water
(Oman, 68.4), Beatrice Offshore Windfarm (United Kingdom, 162.2), Blackpool PFI Street Lighting (United Kingdom, 22.7),
Brussels Airport Co (Belgium, 58.8), Dhuruma Electricity Co (Saudi Arabia, 131.9), Dudgeon Offshore Wind (United
Kingdom, 213.2), Eeco Energy Efficiency Project (France, 39.8), Eneco Luchterduinen Wind Farm (Netherlands, 54.7),
Facility D IWPP (Qatar, 513.0), Firebolt RB Holdings Limited (United Kingdom, 117.5), Fixed Wing Training [MFTS] (United
Kingdom, 49.6), Fujeij Wind Farm Scheme (Jordan, 66.5), Gloucestershire Waste PFI (United Kingdom, 98.3), Humber
Gateway OFTO Scheme (United Kingdom, 37.9), Ibri Mega Gas Fired (Oman, 73.7), Liwa Plastics Plant (Oman, 204.1),
London City Airport (United Kingdom, 107.4), Lyon St-Exupery Privatization (France, 24.7), MEG 1 Offshore Wind (Germany,
153.3), N18 Motorway (Netherlands, 45.0), Norther Offshore Wind Farm (Belgium, 65.1), SGI Gas Network (Italy, 63.1), Sohar
Mega Gas Fired (Oman, 67.3), Steel Pipeline Manufacturing (Utd Arab Em, 24.7), Suomi Power Networks Oy (Sweden,
149.6), Teesside [MGT Power] (United Kingdom, 607.4), Tengizchevroil (Kazakhstan, 250.0), Total Gabon (Gabon, 56.7),
Yanbu Aramco Sinopec Refining (Saudi Arabia, 140.9), Zero Bypass (Slovak Rep, 22.1)
4 BNP Paribas 3,999.6 3.2 44 55.4MW Tages Grape PV (Italy, 42.1), A41 Toll Motorway (France, 68.4), Adven Oy (Finland, 78.3), Al Wathba Al Allahamah
(Utd Arab Em, 57.5), Alperia (Italy, 166.4), Andasol 1 & 2 Solar Thermal (Spain, 52.3), Antilope Renewable Wind Farm
(France, 150.2), Austria Gas Connect Stake Acq (Austria, 80.8), Beatrice Offshore Windfarm (United Kingdom, 162.2),
Borealis Swedish Electricity (Sweden, 243.1), Brussels Airport Co (Belgium, 58.8), Coriance Acquisition by FSI (France, 56.9),
Dudgeon Offshore Wind (United Kingdom, 213.2), Elandsfontein Expl & (South Africa, 30.0), Enaitinere SAU (Spain, 61.4),
Eneco Luchterduinen Wind Farm (Netherlands, 54.7), Euroports Netherlands (Netherlands, 54.4), Expansion of Cie des
Bauxites (Guinea, 118.3), Firebolt RB Holdings Limited (United Kingdom, 127.1), Geosel Underground Gas (France, 146.9),
Ibri Mega Gas Fired (Oman, 73.7), Infinis Landfill Gas (United Kingdom, 117.1), Liwa Plastics Plant (Oman, 204.1), Lundin
Petroleum AB (Norway, 215.0), Lyon St-Exupery Privatization (France, 24.7), Manchester Airport Group (United Kingdom,
99.8), Marche-en-Famenne Prison (Belgium, 75.5), Norther Offshore Wind Farm (Belgium, 65.1), Novillars Biomass Power
(France, 14.2), RusVinyl PVC Plant (Russian Fed, 144.8), SGI Gas Network (Italy, 63.1), Siccar Point Energy (United Kingdom,
75.0), Sociedad Concesionaria (Spain, 34.2), Sohar Mega Gas Fired (Oman, 67.3), Sonnedix Solar PV Portfolio (Italy, 36.3),
Suomi Power Networks Oy (Sweden, 152.8), Thermasol Extremadura Solar (Spain, 45.1), Total Gabon (Gabon, 56.7), Toul
Photovoltaic Solar (France, 26.0), Ventisei Wind Farm (Italy, 29.4), Veronagest SpA (Italy, 71.6), Vopak Oil Terminals Sale
(United Kingdom, 67.3), Vortex II Sarl (Spain, 76.9), Yanbu Aramco Sinopec Refining (Saudi Arabia, 140.9)
5 Credit Agricole 3,675.3 3.0 40 A41 Toll Motorway (France, 68.4), Adven Oy (Finland, 78.3), Akiem Locomotive Leasing Unit (France, 119.6), Alpha Trains
Emil Sarl (Germany, 63.4), Alpha Trains Emil Sarl (Germany, 40.8), Alum Bahrain Sixth Potline (Bahrain, 214.3), Amokasol
(Germany, 61.8), Bahrain LNG Import Terminal (Bahrain, 83.1), Bakermaat Snc (Netherlands, 68.1), Barka Independent
Water (Oman, 68.4), Borealis Swedish Electricity (Sweden, 243.1), Brussels Airport Co (Belgium, 58.8), Capital Stage Solar
PV (France, 53.0), Coriance Acquisition by FSI (France, 56.9), Dudgeon Offshore Wind (United Kingdom, 213.2), Edinburgh/
Midlothian Waste PFI (United Kingdom, 47.3), Expansion of Cie des Bauxites (Guinea, 118.3), Firebolt RB Holdings Limited
(United Kingdom, 127.1), Fixed Wing Training [MFTS] (United Kingdom, 49.6), Fonroche Energie SAS (France, 37.6), HFV
Cellini (Italy, 35.4), Ital Gas Storage (Italy, 119.0), Langa 99 Solar Power Plants (France, 83.7), Liwa Plastics Plant (Oman,
204.1), Lundin Petroleum AB (Norway, 215.0), Lyon St-Exupery Privatization (France, 24.7), Masai Wind and PV Power Plant
(France, 101.0), NACCO Materials Handling Group (United Kingdom, 33.6), Nord Pas de Calais Rural High (France, 111.8),
Novillars Biomass Power (France, 14.2), Rabigh Independent Power (Saudi Arabia, 80.0), SAAone (Netherlands, 104.8), SGI
Gas Network (Italy, 63.1), Siccar Point Energy (United Kingdom, 75.0), TanQuid Zweite GmbH & Co KG (Germany, 57.0),
Total Gabon (Gabon, 56.7), Toul Photovoltaic Solar (France, 26.0), Vopak Oil Terminals Sale (United Kingdom, 67.3), Yanbu
Aramco Sinopec Refining (Saudi Arabia, 140.9), Zero Bypass (Slovak Rep, 191.0)
=104 Yapi Ve Kredi Bankasi 146.5 0.1 1 Kadincik I-II HEPPs Acq (Turkey, 146.5)
106 National Bank of Abu Dhabi 144.7 0.1 3 Al Wathba Al Allahamah (Utd Arab Em, 57.5), ENEC Barakah One Nuclear Power (Utd Arab Em, 62.5), Steel Pipeline
Manufacturing (Utd Arab Em, 24.7)
107 Kutxabank 143.1 0.1 3 BBG (Spain, 23.9), Enaitinere SAU (Spain, 61.4), Itinere Infraestructuras (Spain, 57.9)
=108 Bank of Communications 140.9 0.1 1 Yanbu Aramco Sinopec Refining (Saudi Arabia, 140.9)
=108 Credit Suisse 140.9 0.1 1 Yanbu Aramco Sinopec Refining (Saudi Arabia, 140.9)
110 Banca Popolare Emilia Romagna 134.9 0.1 5 Burgentia Energia (Italy, 8.2), Celano Green Energy (Italy, 23.1), Daunia Wind (Italy, 67.6), Italy Four HydroElec Plants (Italy,
8.5), PLT Energia (Italy, 27.5)
=111 Commercial Bank of Qatar 133.3 0.1 1 Ras Abu Fontas 3 Desalination (Qatar, 133.3)
=111 Masraf Al Rayan 133.3 0.1 1 Ras Abu Fontas 3 Desalination (Qatar, 133.3)
113 ASN Bank 129.4 0.1 2 Rentel Offshore Wind Farm (Belgium, 103.3), Toul Photovoltaic Solar (France, 26.0)
114 Arab National Bank 128.1 0.1 1 Rabigh Independent Power (Saudi Arabia, 128.1)
115 Arzan Finl Group 118.1 0.1 2 Fotowatio Solar PV (Jordan, 60.0), Transgabonais Rail Network (Gabon, 58.1)
116 Raiffeisen Bank International 111.4 0.1 2 Gissar Project [Lukoil] (Uzbekistan, 71.4), Gunvor Petroleum Rotterdam (Netherlands, 40.0)
=117 Bankinter 103.7 0.1 2 Abertis Internacional (Italy, 82.9), Parque Eolico La Boga (Spain, 20.9)
=117 Erste Group 103.7 0.1 2 Austria Gas Connect Stake Acq (Austria, 80.8), Energiepark Bruck Wind Parks (Austria, 23.0)
=119 Commercial Intl Bank 102.0 0.1 1 Sokhna Port Bulk Liquid (Egypt, 102.0)
=119 Shinsei Bank 102.0 0.1 2 Sheffield Road Maintenance PFI (United Kingdom, 51.7), Teesside [MGT Power] (United Kingdom, 50.4)
121 Development Bank of Japan 100.5 0.1 2 Newcastle Airport Refinancing (United Kingdom, 50.1), Teesside [MGT Power] (United Kingdom, 50.4)
122 Handelsbanken Capital Markets 99.8 0.1 1 Manchester Airport Group (United Kingdom, 99.8)
123 Caja de Ahorros y M Zaragoza 82.3 0.1 2 Enaitinere SAU (Spain, 61.4), Parque Eolico La Boga (Spain, 20.9)
124 Caterpillar Financial Services 80.0 0.1 1 Fekola Mine Project (Mali, 80.0)
125 Banco Mare Nostrum 78.8 0.1 2 Itinere Infraestructuras (Spain, 57.9), Parque Eolico La Boga (Spain, 20.9)
126 Macquarie Group 77.9 0.1 1 NextEnergy Solar Fund (United Kingdom, 77.9)
127 Bank of Ireland 77.1 0.1 1 N17/N18 Gort-Tuam (Ireland-Rep, 77.1)
128 Caisse Nationale de Prevoyance 76.3 0.1 2 A41 Toll Motorway (France, 68.4), Lyon Broadband Network Project (France, 7.9)
129 Alpha Bank 72.4 0.1 2 St George Island Wind Farm (Greece, 33.1), St George Island Wind Farm (Greece, 39.3)
130 Allied Irish Banks 70.5 0.1 2 Country Kilkenny Ballybay and (Ireland-Rep, 42.8), Falcon Acquisitions (United Kingdom, 27.7)
131 Credito Valtellinese 67.7 0.1 3 Apulia 5 Solar Portfolio (Italy, 12.1), PLT Energia SpA (Italy, 27.5), Sthrn Italy Three Wind Farms (Italy, 28.1)
132 Caixa dEstalvis de Catalunya 65.7 0.1 4 Andasol 1 & 2 Solar Thermal (Spain, 52.3), Chumillas Wind Farm (Spain, 4.8), Eolica Renovables de (Spain, 4.3), Wiesa 6
SL (Spain, 4.2)
=133 International Investment Bank 65.0 0.1 1 Two Beloporozhskaya Hydro (Russian Fed, 65.0)
=133 Yevraziyskiy Bank 65.0 0.1 1 Two Beloporozhskaya Hydro (Russian Fed, 65.0)
135 Portigon 59.8 0.1 2 Ibereolica Solar Moron SL (Spain, 30.0), Ibereolica Solar Olivenza SL (Spain, 29.9)
136 GE Capital 58.7 0.1 1 Cordal Wind Farm (Ireland-Rep, 58.7)
137 Banca Popolare di Milano 58.4 0.1 2 Autostrada Pedemontana (Italy, 44.1), Maccaferri Biogas Power Plant (Italy, 14.4)
=138 Banco Grupo Cajatres SA 57.9 0.1 1 Itinere Infraestructuras (Spain, 57.9)
=138 Novacaixagalicia 57.9 0.1 1 Itinere Infraestructuras (Spain, 57.9)
140 ICCREA 57.6 0.1 3 Ascoli Satriano Wind Park (Italy, 21.9), Burgentia Energia (Italy, 8.2), PLT Energia SpA (Italy, 27.5)
141 CDC Group 54.5 0.0 1 Kissy District Heavy Fuel Oil (Sierra Leone, 54.5)
=142 Oman Arab Bank 53.3 0.0 1 Sohar Independent Water (Oman, 53.3)
=142 Sohar Bank 53.3 0.0 1 Sohar Independent Water (Oman, 53.3)
144 Dexia 52.3 0.0 1 Andasol 1 & 2 Solar Thermal (Spain, 52.3)
=145 Bank Nizwa SAOC 50.0 0.0 1 Azoti (Georgia, 50.0)
=145 East-West United Bank 50.0 0.0 1 Al Wusta Block 7 Oil Field (Oman, 50.0)
147 Triodos Bank 45.7 0.0 4 Castledockrell Wind Group (Ireland-Rep, 3.0), Gori Wind Farm (Georgia, 4.0), Mean Moor Wind Scheme (United Kingdom,
12.7), Toul Photovoltaic Solar (France, 26.0)
=148 Banco do Brasil 39.3 0.0 1 St George Island Wind Farm (Greece, 39.3)
=148 National Bank of Greece 39.3 0.0 1 St George Island Wind Farm (Greece, 39.3)
150 Alior Bank 38.0 0.0 2 Banie Wind Farm (Poland, 15.0), Banie Wind Farm (Poland, 23.0)
151 Desjardins 35.5 0.0 2 San Patrick Wind Portfolio (France, 23.9), Touvent Greenfield Wind Farms (France, 11.6)
=152 Deutsche Investitions- und 35.0 0.0 1 Helios Towers DRC (Dem Rep Congo, 35.0)
=152 Standard Bank 35.0 0.0 1 Helios Towers DRC (Dem Rep Congo, 35.0)
154 Turkiye Halk Bankasi 34.5 0.0 1 TAV Macedonia (Macedonia, 34.5)
155 EFG Group 33.1 0.0 1 St George Island Wind Farm (Greece, 33.1)
156 Banca Popolare di Bari 30.5 0.0 1 Foggia Biomass Power (Italy, 30.5)
157 BGEO Group 30.0 0.0 1 Azoti (Georgia, 30.0)
158 Banco Cooperativo Espanol 29.9 0.0 1 Ibereolica Solar Olivenza SL (Spain, 29.9)
159 Kommunekredit 26.5 0.0 1 Autopista Central Gallega (Spain, 26.5)
160 BGFI Holding 26.0 0.0 1 Gaz du Cameroun (Cameroon, 26.0)
Power 46,986.8
Oil & Gas 28,385.9
Transportation 18,370.6
Petrochemicals 13,244.7
Industry 5,050.8
Leisure & Property 4,547.6
Mining 3,503.0
Water & Sewerage 1,484.7
Telecommunications 942.8
Waste & Recycling 795.6
Total 123,312.5
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Vitol OCTP Ghana 1,350 880 MIGA cover, IFC and UKEF loans
Yamal Russia 1,007 1,007 Sace cover, Coface cover, JBIC loan
Total 32,040 20,023
Key
1 - Privately owned sponsors
2 - Government or government owned sponsors
3 Bidders in a competition
AMERICAS ADVISORY MANDATES CLOSED IN 2016 ASIA PACIFIC ADVISORY MANDATES CLOSED IN 2016
No of Volume No of Volume
deals (US$m) Deals deals (US$m) Deals
1 Societe 4 6,418 Cheniere Energy refi (1, USA, 2800), Block Island 1 Macquarie 5 10,832 AusGrid (3, Australia, 9000), Asciano ports (3,
Generale refi (1, USA, 343), LaGuardia (3, USA, 2400), Vista Australia, 792), GWA (3, Australia, 503), Puhoi (3,
Ridge (1, USA, 875) New Zealand 350), AGL solar (1, Australia, 187)
2 Macquarie 1 2,800 Chicago Skyway (1, USA, 2800) 2 Deutsche 1 9,000 AusGrid (2, Australia, 9000)
3 KPMG 4 2,067 Edmonton Valley (2, Canada, 929), Seneca 3 UBS 1 9,000 AusGrid (2, Australia, 9000)
College (2, Canada, 53), SH 288 (2, USA, 1015), 4 SBI Capital 9 6,613 Mytrah Energy (1, India, 606), Chambai Fertiliser (1,
West Lafatyette State Street (2, USA, 70) India, 914), JK Cement (1, India, 289), KSK Mahanadi
4 Greengate 2 2,038 Purple Line (3, US, 1197), Chesapeake Bay Bridge (I, India, 851), Meenakshi Energy (1, India, 492),
(3, USA, 841) Thermal Powertech (1, India, 1298), MJPRCL road (I,
India, 400), Sasam Power, (1, India, 1656), Jharkand
5 MUFG 2 2,007 Purple Line (3, US, 1197), Virginia International Infrastructure (1, India, 107)
Gateway (1, USA, 810)
5 Credit 2 5,180 Port of Melbourne (2, Australia, 2590), Asciano rail
6 EY 3 1,929 Borden Data (3, Canada, 244), 1-285 (2, USA, Suisse (3, Australia, 2590)
485), UC Merced (2, USA, 1200)
6 MUFG 7 4,686 TuasOne WtE (3, Singapore, 450), Moomba refi (1,
7 Whitehall 2 1, 225 Tenaska Westmoreland (1, USA, 780), Clean Australia, 150), Canberra LRT (3, Australia, 493),
& Co Energy Future Lordstown (1, USA, 445) Darwin prison refi (1, Australia, 452), Fukishima IPP
8 BNP Paribas 1 850 Octopus (1, Chile, 850) (1, Japan, 2760), Cameron LNG MHI (1, Japan, 189),
9 Santander 1 822 TEN (1, Chile, 822) Cameron LNG SHI (1, Japan, 192)
10 Citigroup 1 575 Tocumen (1, Peru, 575) 7 Societe 1 3,745 Tangguh LNG (1, Indonesia, 3745)
Generale
11 P3Point 1 500 Long Beach Civic Center (3, USA, 500)
8 SMBC 3 3,628 Central Java (1, Indonesia, 3360), Hasang (1,
12 PFAL 1 350 Kansas University (1, USA, 350) Indonesia, 140), Tsetsii (1, Mongolia, 128)
13 Natixis 1 303 Quintillon (1, USA, 303) 9 Flagstaff 1 2,590 Port of Melbourne (2, Australia, 2590)
14 Portland 1 280 Seaborn Partners (1, Brazil, 280) Partners
Advisers 9 Gresham 1 2,590 Port of Melbourne (2, Australia, 2590)
15 Brookfield 1 250 Etobicoke Hospital (3, Canada, 250) Partners
Financial 9 Morgan 1 2,590 Port of Melbourne (2, Australia, 2590)
16 Credit 1 200 El Pelicano (1, Chile, 200) Stanley
Agricole 12 HSBC 2 2,007 TTM refi (1, Thailand, 207), Jawa 7 (2, Indonesia,
17 PwC 2 175 St John water (2, Canada, 103), Penticton Hospital 1800),
(2, Canada, 72) 13 PwC 6 2,003 Umbulan (2, Indonesia, 65), HCMT (2, Australia,
1503), Gold Coast LRT 2 (2, Australia, 127), Palapa
ring west (2, Indonesia, 74), Palapa central (2,
Indonesia, 79), Pyeongtaek (2, South Korea, 155)
Key 14 EY 4 903 Canberra LRT (2, Australia, 493), ACT (2,
Australia, 148), Mount Emerald (2, Australia, 190),
1 - Privately owned sponsors
Chhattisgarh Road (2, India, 72)
2 - Government or government owned sponsors 15 DBS 2 804 Kalimantan Selatam (1, Indonesia, 409), Well
3 Bidders in a competition Harvest Winning Alumina (1, Indonesi, 395)
16 KPMG 1 450 TuasOne WtE (2, Singapore, 450)
17 Natixis 1 284 Hawaiki (1, New Zealand, 284)
18 Standard 1 263 Angat hydro (1, Philippines, 263)
Chartered
19 Green 1 260 Hornsdale (1, Australia, 260)
Giraffe
20 ANZ 1 190 Mount Emerald (1, Australia, 190)
Key
1 - Privately owned sponsors
2 - Government or government owned sponsors
3 Bidders in a competition
Key
1 - Privately owned sponsors
2 - Government or government owned sponsors
3 Bidders in a competition