Barclays announced today the appointment of James Edmonds as Global Head of Sustainable Project Finance in its Corporate and Investment Bank, leading a project finance team focused on helping clients transition to net zero.
In his new role, based in New York, Edmonds will focus on providing project financing solutions for clients looking to decarbonize their operations and to monetize associated opportunities, and will work closely with the firms’ existing sustainable finance teams to provide integrated and innovative debt and equity solutions.
Travis Barnes, Global Co-Head of Capital Markets at Barclays, said:
“James will deepen our existing expertise in areas such as offshore wind and help us further develop our project finance advice and product capabilities for clients as they look to decarbonize their businesses.”
Edmonds joins Barclays after more than 12 years at HSBC, where he most recently served as Head of Real Assets Finance, Americas, leading a team originating transactions across the core infrastructure, power and utilities, natural resources, transition minerals and digital sectors.
The new hire marks the latest in a series of sustainable finance-focused appointments by Barclays, including several senior appointments to its Sustainable and Sustainable and Impact Investment Banking (SIB) team announced last month. Last year, Barclays set a goal to facilitate $1 trillion of sustainable and transition financing between 2023 by the end of 2030. In July the company said that it has delivered over £87 billion ($112 billion) of green finance towards its goal to date.
Daniel Hanna, Global Head of Sustainable Finance, said:
“We have an ambition to facilitate $1 trillion of sustainable and transition finance by 2030. James is another exceptional hire as we continue to deepen our sustainable finance franchise across Barclays so that we can support our clients to transition to low carbon business models and accelerate the deployment of the next wave of climate technologies.”