Potential offtaker

Amerant Bancorp Inc.

www.amerantbank.com

Estimated electricity consumption

N/A

Countries of production presence

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Amerant Bancorp Inc. is a financial services company that operates in the investment banking sector. Headquartered in Coral Gables, Florida, Amerant Bancorp Inc. offers a wide range of financial products and services to its clients, including commercial and retail banking, wealth management, and investment banking services. The company has a strong presence in the United States and Latin America, with offices in Miami, New York, Houston, and San Juan, Puerto Rico.

As the world moves towards decarbonisation, Amerant Bancorp Inc. has recognised the need to support its clients in transitioning to a low-carbon economy. The company has developed a range of financial products and services that support decarbonisation efforts, including corporate energy and renewable energy financing.

Corporate energy financing is a key area of focus for Amerant Bancorp Inc. The company provides financing solutions to help businesses reduce their carbon footprint and transition to cleaner energy sources. This includes financing for energy efficiency projects, such as the installation of energy-efficient lighting and HVAC systems, as well as financing for renewable energy projects, such as solar and wind power.

One of the ways that Amerant Bancorp Inc. supports renewable energy is through corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price over a set period of time. This provides a stable revenue stream for the renewable energy provider, which helps to finance the construction of new renewable energy projects.

Amerant Bancorp Inc. has a team of experts who specialise in corporate PPAs and can help businesses navigate the complex process of entering into a PPA. The company provides financing solutions to help businesses secure the capital they need to enter into a PPA, as well as ongoing support throughout the life of the contract.

In addition to supporting decarbonisation efforts, Amerant Bancorp Inc. is committed to promoting corporate social responsibility (CSR) and sustainable business practices. The company has developed a CSR programme that focuses on three key areas: environmental sustainability, social responsibility, and economic development.

Under its environmental sustainability pillar, Amerant Bancorp Inc. has implemented a number of initiatives to reduce its own carbon footprint. This includes the installation of energy-efficient lighting and HVAC systems in its offices, as well as the implementation of a recycling programme.

The company also supports social responsibility initiatives, such as community outreach programmes and charitable giving. Amerant Bancorp Inc. has a dedicated team that works with local non-profit organisations to identify areas of need and develop programmes that support the local community.

Finally, under its economic development pillar, Amerant Bancorp Inc. provides financing solutions to support small and medium-sized businesses. The company recognises that these businesses are the backbone of the economy and play a critical role in creating jobs and driving economic growth.

In conclusion, Amerant Bancorp Inc. is a financial services company that operates in the investment banking sector. The company has recognised the need to support its clients in transitioning to a low-carbon economy and has developed a range of financial products and services that support decarbonisation efforts, including corporate energy and renewable energy financing. Amerant Bancorp Inc. is also committed to promoting corporate social responsibility and sustainable business practices, with a focus on environmental sustainability, social responsibility, and economic development.

✓ Declared Net Zero commitment