Bank of America’s structuring of the Keliber lithium project financing in Finland in 2024 demonstrated how sustainability, strategic coordination and innovation can be embedded into the core of transaction banking.
As green loan coordinator, documentation agent, joint coordinator, joint bookrunner and joint mandated lead arranger alongside Natixis, the bank helped deliver a €500 million financing package to support the development of Keliber’s mining, processing and refining facilities in Finland.
The project is designed to produce up to 15,000 tonnes of battery-grade lithium hydroxide monohydrate per annum, with an integrated business model that places mining and refining operations in close proximity.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
