Societe Generale wins Bank of the Year for Investment: Europe along with several awards from The Banker

31/05/2024

Societe Generale received 4 Investment Banking awards from The Banker.

Within the Investment Banking Awards 2024 programme from leading financial media The Banker, Societe Generale is awarded:

4 logos The Banker's Investment Banking Awards

“Investment Bank of the Year for Europe” 
“Investment Bank of the Year for Equity Derivatives”
“Investment Bank of the Year for Green/Sustainability-Linked Loans”
“Investment Bank of the Year for Securitisation”

The Banker’s Investment Banking Awards recognise financial institutions that prioritise sustainability, have gone above and beyond to provide excellent service and execution in innovate ways that benefit clients.  

The Europe award acknowledges Societe Generale’s significant contributions to various sectors, particularly in sustainable finance and green technologies.

The key factors behind this success are:
- Equity Derivative Structures and Platform Improvements: Societe Generale demonstrated expertise in equity derivatives and enhanced its platform for listed products, expanding its reach across Europe.
- Major IPO Execution: The bank successfully managed one of the largest IPOs of 2023, the €605 million listing of Thyssenkrupp Nucera. This deal highlighted Societe Generale's growing expertise in sustainable finance, providing essential capital for the company’s green hydrogen technology, which plays a crucial role in reducing greenhouse gas emissions in steel production.
- Green Finance Leadership: Societe Generale led the €4.2 billion project financing for H2 Green Steel’s Boden plant in Sweden. This project is notable for being the world’s first large-scale green integrated steel plant and Europe’s first giga-scale electrolyser.
- Innovative Financing Structures: The financing for H2 Green Steel was based on a new and innovative structure developed through SocGen's long-standing collaboration with the company.
- Support for Battery Manufacturing and Recycling: Societe Generale provided a $5 billion green loan for Northvolt's lithium-ion battery manufacturing and recycling plant. This project, essential for the green transition, was supported by prominent climate tech investors.
These achievements illustrate Societe Generale's strategic focus on sustainable finance and innovation, positioning the bank as a leader in facilitating the green transition and supporting cutting-edge technologies in Europe.

These accolades reflect the strength and quality of Societe Generale’s industry know-how, deep understanding, and multi-product approach. They also recognize our innovative spirit and our commitment to supporting our clients, while building together a more sustainable future.

Congratulations to all the teams and thank you to our clients and partners for your continued trust.