# Spain’s Banco Santander Tops Bloomberg Magazines Ranking For Green Banks. - Link: https://greenlivingguy.com/2011/04/spains-banco-santander-tops-bloomberg-magazines-ranking-for-green-banks/ - Published: 2011-04-06T14:39:18-04:00 - Author: greenlivingguy _**Spain’s Banco Santander prevails as No. 1 in Bloomberg Markets magazine’s inaugural ranking of the world’s greenest banks in its May 2011 issue. **_ _Bloomberg Markets is the only magazine for the global financial elite, providing in-depth and authoritative stories on the companies and people who move the markets._ _Eight of the top 10 banks are based in Europe, mirroring the European Union’s commitment to curbing emissions through such efforts as the world’s biggest carbon-trading market._ **Santander’s in-house conservation and ecominded investments brought it to the top, such as arranging a $324 million loan for a U.S. wind farm developed by BP Plc and Sempra Energy last year. According to the bank’s global head of power project and acquisition finance, the bank’s team has closed 40 deals already this year, 90 percent involving renewable energy.** **Investments in clean-energy companies and projects rose 30 percent to a record $243 billion in 2010, according to Bloomberg New Energy Finance.** _Goldman Sachs Group Inc. was second overall and topped the list for green investing. New York-based Goldman, along with No. 4 bank **Credit Suisse Group AG, managed the $3 billion initial public offering of Enel Green Power SpA**, Rome-based operator of wind, geothermal and hydropower plants. ** **_ **Goldman Funded the Tesla Roadster too!!** According to the Bloomberg release, Goldman co-led the IPO of Tesla Motors Inc., the Palo Alto, California, maker of the $109,000 all-electric Roadster. **Solar and Wind YEAH!!** **Milan-based UniCredit SpA was No. 3. It arranged $1.4 billion of loans for wind farms, solar plants and waste-to-energy generators last year, according to BNEF.** _To rank banks’ environmental records, Bloomberg Markets magazine looked at their efforts to reduce their own waste and carbon footprints and their investment activity in clean energy. Banks had to be members of predominant national benchmark indexes, such as Standard & Poor’s 500, FTSE 350 and Nikkei 225. Banks had to have capitalizations of more than $10 billion and sufficient information on their environmental activities._ _The ranking is particularly timely in light of the nuclear crisis in Japan and the subsequent scrutiny of renewable energy. Carbon markets will be a major topic at this week’s Bloomberg New Energy Finance Summit in New York City, where key issues facing the clean energy sector will be identified and addressed, helping decision- makers recognize opportunities that will enable them to thrive and succeed._ _ Bloomberg Markets magazine serves the global financial elite, providing insight and perspective on the companies, trends, issues and people that move the world’s markets. Bloomberg Markets readers are the youngest and most affluent among all financial and business publications. Bloomberg Markets has won more of the top business and investigative journalism awards in the past 10 years than its competitors combined._  For the entire story, click here ![author avatar](https://secure.gravatar.com/avatar/df91669667126e1290c21ee0342c386e2da19d588d4d9ca6560bd82ed59a9641? s=300&d=monsterid&r=g) greenlivingguy The Green Living Guy, Seth Leitman is an independent power producer, a green living expert, and Editor of the McGraw-Hill, TAB Green Guru Guides. Seth is also an Author, Radio Host, Reporter, Writer and an Environmental Consultant on green living. The Green Living Guy writes about green living, green lighting, the green guru guides and more. Seth's books range from: # Build Your Own Electric Vehicle by Bob Brant and Seth Leitman (2nd and 3rd editions) # Build Your Own Plug-in Hybrid Electric Vehicle by Seth Leitman # Build Your Own Electric Motorcycle by Carl Vogel # Green Lighting by Seth Leitman, Brian Clark Howard and Bill Brinsky # Solar Power For Your Home by David Findley # Renewable Energies For Your Home by Russel Gehrke # Do-it-Yourself Home Energy Audits by David Findley # Build Your Own Small Wind Power System by Brian Clark Howard and Kevin Shea # and more green living books to follow. [See Full Bio](https://greenlivingguy.com/author/greenlivingguy/) [ ](https://greenlivingguy.com/author/greenlivingguy/)