CaixaBank participates in Alstom’s €12.7 billion sustainability-linked syndicated guarantee facility

Commitment to sustainable finance in France

• This strategic facility is aligned with Alstom’s ESG policy enabling the decarbonization of the transport sector by reducing CO2 emissions.
• Over the past four years, the CaixaBank Paris branch has increased its activity and long-term commitment to the country as a result of obtaining a banking licence, which brings it closer to its customers, provides it with greater operational agility and enables it to make a greater contribution to the French economy.

CaixaBank, Spain’s leading bank, has participated in Alstom’s €12.7bn syndicated guarantee facility.

This strategic facility is aligned with Alstom’s ESG policy of enabling the decarbonization of the transport sector by reducing CO2 emissions.

The transaction demonstrates CaixaBank’s capacity to support the large French corporates through its Paris branch.

Alstom, a global leader in manufacturing of transport infrastructure, has also a strong presence in Spain, including through its Santa Perpètua manufacturing site and significant contracts with Renfe, the Spanish national rail company

CaixaBank's French branch

CaixaBank obtained its French branch licence in 2018, through which it provides foreign trade and corporate banking services to French or multinational corporates in their operations in France and internationally, as well as to Spanish companies operating in, or with interests in France.

Over the past four years, the CaixaBank branch in Paris has trebled its staff and increased its activity and long-term commitment to the country. In addition to obtaining a banking licence, it has assembled a highly qualified team, which gives the bank greater  proximity to clients, operational agility and enables it to make a greater contribution to the French economy. The French branch has been especially active between in renewable energy project finance.

CaixaBank, a European benchmark in sustainability

CaixaBank's sustainability initiatives focus on promoting the energy transition of companies and society as a whole, including the development of solutions for individuals focusing on and sustainable mobility and housing, and the promotion of investments with ESG criteria. 

Within the framework of the new 2022-2024 Strategic Plan, CaixaBank aims to mobilise €64 billion in sustainable financing, through the promotion of various initiatives focused on product offerings, ESG advice, awareness-raising and training.

CaixaBank was the leading bank in sustainable finance in Europe during the first half of 2022, according to Refinitiv rankings, which placed CaixaBank in the top position of the EMEA Top Tier Green & ESG-Linked Loans ranking.

About Alstom 

Leading societies to a low carbon future, Alstom develops and markets mobility solutions that provide the sustainable foundations for the future of transportation. Alstom’s product portfolio ranges from high-speed trains, metros, monorails and trams, to integrated systems, customised services, infrastructure, signalling, and digital mobility solutions. Alstom has 150,000 vehicles in commercial service worldwide.

About CaixaBank 

CaixaBank is the leading financial group in Spain with an asset volume of €675.8 billion, making it the largest bank in the domestic market, and one of the leading banks in Europe. CaixaBank also has a strong presence in Portugal, where it controls 100% of BPI.  

The Group has 20 million customers, the largest branch and ATM network in Spain and Portugal, and it is the leader in digital banking with 11 million digital clients.