This analysis examined 52 project finance deals comprising a loan component, across 54 coal-fired power and renewable energy projects (defined as hydroelectric, geothermal, wave, wind and solar power projects), with a financial close date from 1 January 2018 to 31 December 2018.

Deals were identified via investigation of subscription-based financial databases provided by Bloomberg Professional, IJGlobal, Thomson Reuters and market disclosures.

The report reveals an astonishing 90% decline in 2018 coal power project finance/lending compared to 2017.

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