“HCOB has been one of the pioneers in renewable energy finance and has a strong track record in infrastructure. We are well positioned to leverage the opportunities that will arise in these more important than ever sectors.”

Inka Klinger, Department Head

Project Finance

■ Focused on financing attractive infrastructure and renewables projects in Western, Northern and Southern Europe ■ Leader in digital infrastructure with strong, early-mover track record ■ Strong ESG footprint with renewable energy portfolio & capabilities ■ Broad client base in chosen segments with proprietary access to deal flow (developers, PE/ infrastructure funds, manufacturers, contractors, utilities & independent power producers)

Financials1

in € mn

2023
2022
Total Income
102
70
Loan loss provisions
37
-7
OpEx & regulatory costs
-52
-35
Net income after taxes
69
22
NIM in bps
262
174
Risk Costs (loan loss prov. -%)²
1.08
-0.18
CIR in %
47
45
RoE3 in %
22.2
7.6
Gross new business in bn €
1.0
0.7

1) For further details on P&L please refer to the Segment Reporting in the appendix | 2) Risk Costs (LLP / b/s) | 3) RoE after taxes based on a 13%-ratio of invested CET1 capital as reported

Project Finance Portfolio

See rating details