Supporting TEESS with Financing for 170 MW C&I Solar Portfolio in China

Clients success

Natixis’s Infrastructure & Energy Finance team at Corporate & Investment Banking in Asia Pacific, is pleased to be one of the Mandated Lead Arrangers for the US$80 million debt financing to TEESS, the 50/50 joint venture company between key clients TotalEnergies and Envision, for a 170 megawatts (MW) solar portfolio in China.

This is the first green project financing in China’s Solar commercial and industrial (C&I) Sector to be certified by a third party, Sustainalytics, the world's leading environmental, social and corporate governance (ESG) rating company.

By supporting the TEESS green financing framework, Natixis further demonstrates its commitment to the development of renewable energy in China. The innovative financing structure has also set a new benchmark for China's renewable energy project financing.

“Natixis is very pleased to have supported its key clients, TotalEnergies and Envision, in realizing this innovative, landmark transaction. Providing unique solutions to clients who are committed to enhancing the sustainability of their activities, through deals such as this, demonstrates how green and responsible financing can be a driving force for environmental change in every sector,” said Kwong-Wing Law, Head of Infrastructure and Energy Finance, Natixis Corporate & Investment Banking, Asia Pacific.


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