HSBC
HQ: United Kingdomlisted on Coalpolicytracker.org

| Expansion | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Loans | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Underwriting | 2022 | 2023 | 2024 | 2025 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CLP Holdings Co LtdCastle Peak Power Co Ltd, Castle Peak Power Finance Co Ltd, CLP Power Hong Kong Financing Ltd, CLP Power Hong Kong Ltd, EnergyAustralia Finance Pty Ltd, EnergyAustralia Pty Ltd (based on GCEL 2025) | $11M | $26M | $22M | $35M | $141M | $11M | $48M | $35M | $141M | $236M | ||||||||||||||||||
| RWE AGRWE Finance US, LLC, RWE Power AG (based on GCEL 2025) | $53M | $33M | $46M | $76M | $53M | $33M | $46M | $76M | $208M | |||||||||||||||||||
| Korea Electric Power Corporation (KEPCO)Korea East-West Power Co Ltd, Korea Midland Power Co Ltd, Korea South-East Power Co Ltd, Korea Southern Power Co Ltd, Korea Western Power Co Ltd (based on GCEL 2025) | power | $149M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $149M | $149M | |||||||||||||||||||||
| State Grid Corporation of China (SGCC) | $98M | Not On GCEL Change in Company Structure | $98M | Not On GCEL Change in Company Structure | $98M | |||||||||||||||||||||||
| Orica Ltd | $71M | $71M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $71M | |||||||||||||||||||||||
| Glencore PLCBulga Coal Management Pty Ltd, Carbones del Cerrejon Ltd, Finges Investment BV, Glencore Australia Holdings Pty Ltd, Glencore Capital Finance DAC, Glencore Finance (Bermuda) Ltd, Glencore Finance (Canada) Ltd, Glencore Finance (Europe) Ltd, Glencore Funding LLC, Glencore Group Funding Ltd, Glencore International AG, Glencore (Schweiz) AG, Hail Creek Joint Venture , Rolleston Coal Holdings Pty Ltd, Ulan Coal Mines Ltd, Wandoan Holdings Pty Ltd (based on GCEL 2025) | power, mining | $15M | $37M | $7M | $15M | $37M | Not On GCEL Change in Company Structure | $7M | $59M | |||||||||||||||||||
| Posco Holdings IncPosco International Corporation, AES Mong Duong Power Co Ltd, Samcheok Blue Power Co Ltd (based on GCEL 2024) | power | $10M | $46M | $10M | $46M | Not On GCEL Change in Company Structure | $56M | |||||||||||||||||||||
| Comision Federal de Electricidad EPE (CFE) | $5M | $8M | $3M | $3M | $18M | $9M | Not On GCEL Change in Company Structure | $8M | $26M | $13M | $47M | |||||||||||||||||
| CEZ a.s.CEZ Finance BV, Severoceske doly AS (based on GCEL 2025) | mining | $26M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $26M | $26M | ||||||||||||||||||||||
| Enel SpAEnel Finance International NV, Enel Investment Holding BV, Endesa Financiacio?n Filiales SA, Enel Finance America LLC (based on GCEL 2023) | $14M | $6M | $14M | $6M | Not On GCEL Change in Company Structure | $20M | ||||||||||||||||||||||
| The AES CorporationAES Andes SA, AES Argentina Generacion SA, AES Indiana, AES Mong Duong Power Co Ltd, AES Ohio, DPL Capital Trust II, DPL Inc, Empresa Electrica Angamos SpA, Empresa Electrica Cochrane SpA, IPALCO ENTERPRISES INC, Mong Duong Finance Holdings BV (based on GCEL 2025) | $10M | $ | $7M | $10M | Not On GCEL Change in Company Structure | $ | $7M | $17M | ||||||||||||||||||||
| CITIC Group CorpCITIC Corp Ltd, CITIC Ltd, CITIC Pacific Energy Investment, CITIC Pacific Ltd, CNCB (Hong Kong) Invest Ltd, Jiangsu Ligang Electric POWER Co Ltd, Sunspark Power Investment Company Limited (based on GCEL 2025) | power | $15M | $15M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $15M | ||||||||||||||||||||||
| Abu Dhabi National Energy Company PJSC (TAQA)CMS Generation Investment Company IV, TAQA Morocco SA, TAQA Neyveli Power Co Pvt Ltd (based on GCEL 2025) | $4M | $10M | Not On GCEL Change in Company Structure | $10M | Not On GCEL Change in Company Structure | $4M | $14M | |||||||||||||||||||||
| ContourGlobal LtdContourGlobal Finance Holding S.a.r.l., ContourGlobal Finance Topco S.a.r.l., ContourGlobal Maritsa East 3 AD, ContourGlobal Power Holdings SA (based on GCEL 2025) | $13M | Not On GCEL Change in Company Structure | $13M | Not On GCEL Change in Company Structure | $13M | |||||||||||||||||||||||
| Jardine Cycle & Carriage LtdPT Astra International Tbk, PT Pamapersada Nusantara, PT Surya Artha Nusantara Finance, PT Tuah Turangga Agung, PT United Tractors Tbk (based on GCEL 2025) | $2M | $7M | $2M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $7M | $9M | |||||||||||||||||||||
| JSW Steel LtdJSW Utkal Steel Ltd, Mivaan Steels Ltd (based on GCEL 2025) | power, mining | $3M | $5M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $3M | $5M | $9M | ||||||||||||||||||||
| Korea Mine Rehabilitation and Mineral Resources CorpKORES Australia Pty Ltd, Wyong Coal Pty Ltd (based on GCEL 2025) | mining | $7M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $7M | $7M | ||||||||||||||||||||||
| Public Power Corporation SAPublic Power Corp Finance PLC (based on GCEL 2025) | $5M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $5M | $5M | |||||||||||||||||||||||
| Sumitomo CorporationPT Central Java Power, Sumitomo Corp Capital Netherlands BV, Sumitomo Corporation Capital Europe PLC, Van Phong Power Co Ltd (based on GCEL 2025) | $5M | Not On GCEL Change in Company Structure | $5M | Not On GCEL Change in Company Structure | $5M | |||||||||||||||||||||||
| JSW Infrastructure LtdEnnore Coal Terminal Pvt Ltd, Mangalore Coal Terminal Pvt Ltd, Paradip East Quay Coal Terminal Pvt Ltd (based on GCEL 2025) | infrastructure | $4M | Not On GCEL Change in Company Structure | $4M | Not On GCEL Change in Company Structure | $4M | ||||||||||||||||||||||
| EnBW Energie Baden-Württemberg AGEnBW International Finance BV (based on GCEL 2025) | $3M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $3M | $3M | |||||||||||||||||||||||
| Yunnan Provincial Investment Holdings Group Co LtdYunnan Coal Industry Group Co Ltd, Yunnan Energy Investment Weixin Energy Co Ltd, Yunnan Power Investment Co Ltd, Yunnan Province Energy Investment Group Co Ltd, Yunnan Xiaolongtan Mining Bureau Co Ltd (based on GCEL 2025) | power, mining | $3M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $3M | $3M | |||||||||||||||||||||
| Star Success Pte LtdComet Coal & Coke Pty Ltd, Frontier Resources Pte Ltd, Golden Energy and Resources Ltd, Stanmore Resources Ltd, Stanmore SMC Holdings Pty Ltd (based on GCEL 2025) | mining | $2M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $2M | $2M | |||||||||||||||||||||
| Power Construction Corp of China / PowerChinaBangladesh Barisal Power Co Ltd, China Power Construction Panzhou Low Calorific Value Coal Power Generation Co Ltd, Power Construction Corp of China Ltd, PowerChina Group Overseas Investment Co Ltd, PowerChina International Finance Co Ltd, SEPCO Virgin Ltd (based on GCEL 2025) | power | $1M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $1M | $1M |