Effective today, Japan Bank for International Cooperation (JBIC) made following organizational realignment.
Organizational Realignment of Infrastructure and Environment Finance Group
JBIC made following organizational realignment of Infrastructure and Environment Finance Group, today.
- "New Energy and Power Finance Department I", which is in charge of all projects related to nuclear power and fuel recycling, and loans and equity participations related to electricity, new energies and renewables.
- "New Energy and Power Finance Department II", which is in charge of all export projects related to electricity, new energies and renewables, and “GREEN” projects (note 1).
- "Social Infrastructure Finance Department", which is in charge unitarily of social infrastructure projects such as transportation, telecommunication and water, etc.
- (note 1) GREEN is an acronym for Global action for Reconciling Economic growth and ENvironmental preservation, and also the department is in charge of credit line projects related to GREEN projects that do not specify a sector.
This organizational realignment is to regroup the Infrastructure sector into two large categories: power infrastructure and social infrastructure, and power infrastructure is divided considering the characteristics of projects. JBIC enhances expertise and know-hows in infrastructure sector by this realignment, and operates more effectively and strategically.