Barclays is establishing a new energy transition group within its corporate and investment bank.
The new group will be responsible for providing strategic advice to clients as they explore potential energy transition opportunities, according to a news release.
The new team will be comprised of industry sector specialists from within Barclays’ global Natural Resources, Power, and Sustainable and Impact Investment Banking teams, focusing on hydrogen, energy transition finance, carbon capture, renewables, nature-based solutions, and renewable natural gas.
Mike Cormier has been appointed as Global Head of the Energy Transition Group, reporting directly to Cathal Deasy and Taylor Wright, Global Co-Heads of Investment Banking, and working in close partnership with Daniel Hanna, Global Head of Sustainable Finance.
