- Industries
- Power and Utilities
Power and Utilities
Enabling Asia’s energy transition
- Industries
- Power and Utilities
Power and Utilities
Enabling Asia’s energy transition
DBS Power & Utilities industry coverage is at the forefront in providing innovating solutions to support Asia’s energy transition. As the leading financial services group in Asia, our expertise encompasses financing solutions for lower carbon infrastructure such as LNG to power, as well as the entire range of renewable energy technologies comprising of Onshore and Offshore Wind Farms, Land-based and Floating Solar projects, Hydro, Geothermal and Hybrid projects. We advise and provide solutions for distributed generation and new technologies such as hydrogen, battery storage and energy efficiency.
Enabling Asia’s growing power demand using clean energy is important to fight the war against climate change.
3,000 MW Clean Energy Projects financed | US$3.6 billion Clean Energy Projects Financed | 11 Countries’ Energy Transition Accelerated |
We have deep footprints in the most important Asian energy markets:
Our strategy and solutions are underpinned by the belief that market forces will continue to drive the energy transition in Asia, which will result in a seismic shift to sustainable investing and driving momentum in green financing.
Renewable Energy Platforms
DBS was Mandated Lead Arranger and Bookrunner to Beijing Enterprises Clean Energy Group for a HKD3 billion 3-year syndicated loan supporting the development of the company’s renewable energy business in China.
DBS supported Vena Energy, one of Asia’s largest Independent Renewable Energy producer through financial solutions tailored for Renewable Energy Platforms. DBS provided a bridge to bond and successfully led a US$325 million maiden Green bond issuance as Joint Global Coordinator.
Sustainable Investment & Financing
DBS played a key role in financing Singapore’s first Sustainability linked loan in the energy sector by way of a 7-year S$700m facility for Keppel Merlimau Cogen (1,300 MW combined cycle gas turbine power plant). DBS aligned its financial solution with the company’s sustainability goals by benchmarking the interest rate to the plant’s carbon emissions intensity targets against national indices.
Supply Chain and Digital Solutions
DBS structured a Green Guarantee Facility for Siemens Gamesa to issue Green Guarantees to support their supply of equipment and services for wind energy projects internationally, with unique features that promote and assure higher standards of sustainable sourcing and deployment. This supported the United Nations Sustainable Development Goals (SDGs) relating to "affordable and clean energy" as well as "climate action", and advances Siemens Gamesa and DBS’ commitments to sustainable development.
DBS’ award-winning Trade, Supply Chain and Digital solutions will help you streamline processes, reduce costs and bring efficiencies in the ecosystem.
Strategic Advisory and Finance
DBS was the Joint Sponsor and Sole Receiving Bank for the Hong Kong IPO listing of Beijing Enterprises Urban Resources Group, which is a Chinese integrated waste management solutions provider that specialises in hygiene services and hazardous waste treatment.
DBS was the Joint Global Coordinator and played the leading role in securing USD 500m 5-year tranches green bond and USD 500m 10-year tranche senior bond to further State Development & Investment Corp (SDIC) offshore clean energy developments. We also provided Bridge to Bond solution to SDIC to support their offshore clean energy acquisitions.
Structured, Leverage and Acquisition Finance
DBS played a key role as the Lead Debt Financing Coordinator in the acquisition financing of one of the world’s largest Geothermal Assets in Indonesia, by Star Energy. DBS executed a solution in a complex market which offered few comparables in Asia. With a total capacity of 648MW, the deal won us the PFI Renewable Deal of the Year and The Asset Best M&A Deal of the Year 2017.
Innovating Renewable Energy Project Financing
DBS advised and provided an innovative financing on a limited-recourse basis for an emerging technology in the solar power space for Chenya Energy’s floating solar PV project in Taiwan; one of the largest floating solar PV projects in the World with 570,000 solar modules (180MW)
DBS also advised and financed one of the largest corporate PPA backed ground mounted solar project in Taiwan for Vena Energy.
Green Bonds - Financing the fight against climate change
More than just numbers, Green bonds deliver much-needed investment and services that help uplift whole communities. Learn how DBS, together with Vena Energy is approaching the fight against climate change through sustainable financing.
Deal
DBS Hong Kong signs first credit deal with Sembcorp to diversify the Group’s source of funds for its growth in mainland China
Learn More
The Asset
Infrastructure Awards
- Project Finance House of the Year, Singapore, 2017 – 2020
- Project Finance Advisory House of the Year, Asia, 2019
GTR Best Deals
- Yunlin (Wind Power) Project, Joint Lender, 2020
- Cofco International: Sustainability-linked Facilities, Joint Lender, 2020
The Asset
Infrastructure Awards
- Project Finance House of the Year, Singapore, 2017 – 2020
- Project Finance Advisory House of the Year, Asia, 2019
GTR Best Deals
- Yunlin (Wind Power) Project, Joint Lender, 2020
- Cofco International: Sustainability-linked Facilities, Joint Lender, 2020
COVID-19 and the Energy Transition Landscape
Renewable energy emerges relatively unscathed from the pandemic
The Growing Opportunities of Floating Solar
Find out about DBS’ involvement in one of the world’s largest floating solar projects in Taiwan.
Live more Sustainably – Vena Energy
DBS sets the benchmark for future financing with Taiwan's largest ground mount solar plant.
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Tel: +852 2290 8068
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