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" href="javascript:void(0);">About Profundo ">Profile

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">Team

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">Annual reports

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Electricity
projects

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Dutch bank investments in renewable electricity generation
This project is a follow up for the Fair Bank Guide's research concerning sustainable electricity. The investments of eleven big banks in sustainable electricity generation have been compared with their total of investments in the electricity sector.

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Financing of the Tilaiya and Chitrangi power plants - Reliance Power
Reliance Power, which is part of the Indian Reliance Group, engages in the development, construction, and operation of power generation projects primarily in India. This report focuses on the Tilaiya and Chitrangi power plants, two coal-fired power plants which Reliance Power is constructing at present. The report presents an overview of the debt-equity ratios of the projects, the finance secured so far and the possible financing sources of the debt and equity which has yet to be secured.

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The financing of the Šoštanj power plant, Slovenia
The Slovenian company Holdingu Slovenske elektrarne (HSE), owner of the power company Termoelektrarna Šoštanj (TEŠ), has commissioned a plan to construct Unit 6 of its critical pulverized lignite fired 600 MW Šoštanj power plant (‘TEŠ 6'). The € 1.2 billion power station is located near Velenje and the Premogovnik Velenje lignite mine, Slovenia. This report analyses the financing plan of the project, and the finance which has been secured so far.



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Greenpeace finance training
Training of Greenpeace-campaigners on the financing of companies and projects in sectors with a large sustainability impact.

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Fair Bank Guide, 11th update
The 10th update of the Fair Bank Guide judges the policies of the biggest Dutch banks with regard to the ten most important sustainabilityissues and eight sectors.

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Global and European investments in coal
Presentation held at the Chatham House Coal Finance Meeting, London, England

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Financing of coal mining and electricity companies
This report provides an overview of the 45 most important financiers of eleven coal mining and electricity companies. Several of these financiers have signed sustainability policies.

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Fair Bank Guide, 10th update
The 10th update of the Fair Bank Guide judges the policies of the biggest Dutch banks with regard to the ten most important sustainabilityissues and eight sectors.

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Investments of European companies in Syria
Research into the investments of Shell and other European companies in Syria, in the sectors oil and gas, electricity, telecom and infrastructure.
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The financing of Kusile coal-fired power project, South Africa

Research on the current status of the financing of the Kusile coal-fired power plant in South Africa, which is being developed by state-owned energy company Eskom. This research is updated regularly to identify new financiers.

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Fair Bank Guide, 9th update
The 9th update of the Fair Bank Guide judges the policies of the biggest Dutch banks with regard to the ten most important sustainabilityissues and eight sectors.

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Mapping Global investment in Coal
An analysis of the global coal sector, providing context and data to enable design of informed strategies and actions aimed at redirecting flows of global investment away from coal and into clean, alternative energy sources. This research was presented at the Taking on Coal/Following the Money conference in Washington in January 2011.

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Fair Bank Guide, 8th update
The 8th update of the Fair Bank Guide judges the policies of the biggest Dutch banks with regard to the ten most important sustainabilityissues and eight sectors. Since the 27th of January 2011 asset management has been included in the Fair Bank Guide.
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The financing of the Medicine Bow coal-to-liquids plant
Energy company DKRW Energy and coal mining company Arch Coal, both from the US, have established a joint venture to build a coal-to-liquids plant in Wyoming. The future of this project largely depends on a loan guarantee that is currently being reviewed by the US Department of Energy. The decision is expected in 2011, and partly depends on an environmental impact statement.

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The financing of the HidroAysén project
The HidroAysén project is a large-scale hydropower project in Chile, owned by electricity companies Endesa Chile (part of Enel, Italy) and Colbún (Chile). If this project will be approved, the current financiers of these companies will play a very important role by deciding whether or not they want to provide finance for this project.

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The financing of Medupi and Kusile
Eskom is a major South African state-owned energy company that is currently constructing two new coal-fired power plants in South Africa: Medupi and Kusile. The financing of the Medupi power plant is almost closed, and especially paid by Eskom, the South African government, the World Bank, the African Development Bank and a range of European banks. For the Kusile power plant, Eskom still needs around US$ 17 million, and it is uncertain which parties close this funding gap.

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Fair Bank Guide, 7th update
The Fair Bank Guide's 7th update evaluates today's policies of the largest Dutch banks concerning ten important CSR issues and eight sectors. With regard to the previous update the policies of SNS Bank and SNS Regio bank have improved on several issues.

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Australian banks financing coal and renewable energy
For this project Profundo assessed and compared the role of the major Australian banks in the financing of coal mining, coal fired power stations, coal export ports and renewable energy generation in the past five years. Profundo found that the Australian and New Zealand Bank (ANZ), National Australia, Commonwealth and Westpac banks granted more than six times the amount of credits to coal (mining, power stations and exporting) than to renewable energy projects.
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Financing of Brunsbüttel
Research into the financing of the planned coal-fired power plant in Brunsbüttel, Schleswig-Holstein

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Fair Bank Guide, 6th update

Sixth update of the Fair Bank Guide, this research shows that the bonus policies of most banks are still inadequate. The website of the Dutch Fair Bank Guide enables bank customers to check wether their bank has a good policy on various important social and environmental issues. Different banks can also be compared on their policies. The aim of the project is to stimulate social responsible investing by Dutch banks. Profundo wrote researched the report on which the website is based.

 

 

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Bankers under pressure
Report about the role Belgian banks play in climate change by investing in activities that harm the environment. It is researched how climate friendly certain banks are, but there are also recommendations for the Belgian government.
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Investments in sustainable electricity generation by Dutch banks

This research emphazises on what part of the investments in electricity generation by Dutch banks are sustainable. Because this is the first measurement of this type of investment, the report is only an overview of the present situation. In two years time Profundo, commissioned by the Fair Banking Guide, will continue this research about investments in sustainable electricity generation.

 

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The financing of coal-fired power plants in the European Union
In a lot of EU-countries new coal-fired power plants are being build. Profundo researched the role of financial institutions in the financing of those plants in France, Germany, Italy, the Netherlands, Poland, Spain and the United Kingdom. 

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Fair Bank Guide, 5th update

Fifth update of the Fair Banking Guide. The website of the Dutch Fair Bank Guide enables bank customers to check wether their bank has a good policy on various important social and environmental issues. Different banks can also be compared on their policies. The aim of the project is to stimulate social responsible investing by Dutch banks. Profundo wrote researched the report on which the website is based.

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Fair Bank Guide, 4th update

Fourth update of the Fair Bank Guide. The website of the Dutch Fair Bank Guide enables bank customers to check wether their bank has a good policy on various important social and environmental issues. Different banks can also be compared on their policies. The aim of the project is to stimulate social responsible investing by Dutch banks. Profundo wrote researched the report on which the website is based.

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Fair Bank Guide, 3rd update
The website of the Dutch Fair Bank Guide enables bank customers to check wether their bank has a good policy on various important social and environmental issues. Different banks can also be compared on their policies. The aim of the project is to stimulate social responsible investing by Dutch banks. Profundo wrote researched the report on which the website is based.

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Eletrobrás - An analysis of its shareholdings
This report aims to explain the shareholding structure and shareholders of Eletrobrás, to give an overview of the relationship between underlying shares of Eletrobrás and the American Depositary Receipts (ADR) and to highlight the position of JP Morgan Chase with regard to Eletrobrás.

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Fair Bank Guide, 2nd update

The Dutch Fair Bank Guide enables bank customers to check wether their bank has a good policy on various important social and environmental issues. Different banks can also be compared on their policies. The aim of the project is to stimulate social responsible investing by Dutch banks. Profundo researched the report on which the website is based.

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Fair Bank Guide, 1st update
Research report for OxfamNovib, Amnesty International, FoE Netherlands and FNV Mondiaal. This project aims to improve the level of SRI by Dutch Banks.

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Financing of the KMW coal-fired power plant
The German company Kraftwerke Mainz-Wiesbaden (KMW) started in 2005 with the planning of a new coal-fired electricity plant of 800 MW at its site in Ingelheimer Aue. Total investment is estimated at about 1.2 billion euros. This research brief looks into the question whether it is probable that the plant ever be built.
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Fair Bank Guide
The website of the Dutch Fair Bank Guide enables bank customers to check wether their bank has a good policy on various important social and environmental issues. Different banks can also be compared on their policies. The aim of the project is to stimulate social responsible investing by Dutch banks. Profundo researched the report on which the website is based.
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