Deutsche Bank Supports $1.46 Billion Financing for GPG’s Renewable Energy Growth

Deutsche Bank has facilitated a AUD 2.3 billion financing package for Global Power Generation Australia (GPG) to expand its renewable energy portfolio, including wind farms, solar plants, and battery storage projects. This deal supports GPG’s goal to achieve 1 GW of operational capacity and an additional 870 MW in development. Marking Deutsche Bank’s 24th renewable energy financing in Australia, this transaction contributes to the bank’s commitment to sustainable finance, advancing nearly 3.6 GW of renewable energy projects in the country in 2024. The partnership underscores Deutsche Bank’s role in driving renewable energy growth and supporting clean energy innovations in the Asia Pacific region. Resources: https://esgnews.com/deutsche-bank-supports-1-46-billion-financing-for-gpgs-renewable-energy-growth/