Do you want a sign that Clean Technology is not only the future but has become main stream? Look no further than Canadian bank CIBC who has formed a new group within the bank that will look renewable energy and clean technology. CIBC has appointed Don Roberts as Vice Chairman, renewable energy and clean technology in its wholesale banking group. Mr. Roberts’ role will be to integrate the bank’s expanding efforts in investment banking, lending and trading to provide capital and advice to companies within these high-growth sectors.
“It is clear that the market for clean and renewable sources of energy is growing in Canada and across North America,” says Richard Nesbitt, Chairman and Chief Executive Officer of CIBC’s Wholesale Banking division. “Governments across the continent are drafting and enacting legislation to create new opportunities for green technologies. Many Canadian companies are emerging as leaders in the sector and will need increased access to capital. CIBC has assisted many of these companies in the past and we plan to reach out to all players in the marketplace to determine how we can help them respond to growing opportunities.”
He will also explore opportunities in the emerging carbon and water markets, as well as the future of the forest industry.
