BBVA, Houston, Texas. Credit score: Brett Hondow, Shutterstock.
BBVA has grow to be the fourth-largest financial institution financing knowledge centres within the U.S. between January and Could 2025, in keeping with its World Head of Sustainability and CIB, Javier Rodríguez Soler.
Talking at an occasion hosted by the Spain–U.S. Chamber of Commerce in Houston, Rodríguez Soler reaffirmed BBVA’s rising footprint within the U.S., calling it the financial institution’s fastest-expanding company market.
He highlighted surging demand for vitality attributable to electrification, synthetic intelligence, and digitalisation – elements driving funding in infrastructure like energy grids, renewable vitality, and knowledge storage. “Clear applied sciences aren’t solely needed – they’re additionally a worthwhile possibility,” he careworn.
BBVA’s sustainability-focused technique features a new Houston hub and expanded operations in New York and Miami. The financial institution sees main alternatives in Texas, with $700 billion wanted for energy transmission and 800 gigawatts of renewable vitality anticipated throughout the U.S. by 2035.
Rodríguez Soler additionally underlined BBVA’s function as a bridge between Spain, Mexico, and the U.S., tapping into nearshoring developments. The financial institution goals to channel €700 billion in sustainable enterprise by 2029, up from €304 billion since 2018.
The occasion was attended by Spain’s Financial system Minister and marked the launch of a Spanish funding barometer for the U.S.
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