CLEVELAND, May 3, 2021 / PRNewswire / – KeyBanc Capital Markets (KBCM), a division of corporate and investment banking ClevelandKeyCorp (NYSE: KEY) announced today that it is expanding its Utilities, Energy and Renewable Energy Group with the addition of a six-member Renewable Energy Investment Banking group. This team has been a leading provider of strategic advisory, M&A services to the US renewable energy industry and will continue to strengthen and expand KBCM’s leading North American project and syndicated financing practice serving the renewable energy industry.
Julian Bayeth, Timothy Beach, Ari Citrine as well as Oliver Janssen will join KBCM as Managing Directors, with Mark Dondero join the position of director and Bill Chamberlin join as vice president. The team will be based in the firm’s office. San Francisco office.
“We are committed to expanding our renewable energy best practice,” he said. Andy Readinger, the head of the KBCM group of companies in the field of utilities, energy and renewable energy. “The addition of this highly successful mergers and acquisitions (M&A) team, which will further expand our offering and better serve our clients, is an important step towards that commitment.”
KeyBank has financed renewable energy production in the US since 2007 and has consistently been one of the largest US banks lending to the wind and solar industries. Since 2010, Key has funded more than $ 15 billion renewable energy sources. The new team has extensive experience in renewable energy mergers and acquisitions, capital raising and advisory services that will enable Key to continue to deliver superior customer service in the US energy sector.
“Key is in a unique position to help bring the US power grid to a more sustainable and competitive position,” he said. Randy Payne, President of Key Institutional Bank. “The addition of this team is yet another example of Key making strategic investments to achieve target scale.”
About KeyBanc Capital Markets
KeyBanc Capital Markets is a leading corporate and investment bank offering capital markets and advisory solutions for dynamic companies seizing opportunities in changing industries. Our deep industry experience, broad capabilities and unique insights are seamlessly delivered to companies in the consumer and retail, diversified, healthcare, industrial, oil and gas, real estate, utilities, energy and renewable energy, and technology sectors. KeyBanc Capital Markets has over 800 professionals on the national platform and has over $ 37 billion capital donated to clients and an award-winning equity market research team that provides coverage for over 600 public companies. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities representatives, who may also be employees of KeyBank NA Banking products and services, are offered by KeyBank NA.
KeyCorp has a history of 190 years. Albany, New York… Headquartered in Cleveland, OhioKey is one of the largest bank-based financial services companies in the country, with assets of about $ 176.2 billion in March 31, 2021… Key provides deposit, lending, cash management and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,100 branches and over 1,400 ATMs. Key also provides a wide range of sophisticated corporate and investment banking products such as M&A advice, public and private debt and equity, syndicated and derivative financial instruments for mid-market companies in selected industries around the world. United States under the brand name KeyBanc Capital Markets. For more information visit https://www.key.com/. KeyBank is a member of the FDIC.
View original content for media downloads: http://www.prnewswire.com/news-releases/keybanc-capital-markets-adds-renewable-energy-ma-team-to-expand-its-utilities-power-and-renewables -practice-301281755.html