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Milestone 6The Bank forRenewable EnergiesIt was in 2000 that <strong>Dexia</strong> beganto invest in renewable energies.Five years later, the Group has be<strong>com</strong>eWorld Number One for the arrangementof financing for wind farms. Firstof all in Spain, then in Italy and theUnited States, the bank supported thedevelopment of this renewable andnon-polluting energy source, as lender,investor and financial advisor, for theprincipal industrial project leaders. It is aknow-how and a capacity for innovationof which <strong>Dexia</strong> takes great advantagethese days on numerous markets,from the United Kingdom to Australiathrough Belgium, Portugal and France.By financing wind energy, the Groupsupports an industry growing at 20%a year, and now providing <strong>com</strong>petitionat an economic level against the priceof hydrocarbons. And because windis not the only energy source of thefuture, <strong>Dexia</strong> also offers its support tothe development of emerging sourcessuch as biomass and solar energy. Forthe “Bank for Renewable Energies”it is a means of realistic <strong>com</strong>mitmentto sustainable development and thesafeguarding of our planet.65
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