NEW YORK, NY--(Marketwire - November 9, 2010) - BNP Paribas Corporate and Investment Banking is pleased to announce Andrew Platt has joined the Corporate Finance group as a managing director with a focus on the North America power sector. Previously, Andrew was head of the North America Power & Energy Project Finance team for BNP Paribas. Andrew is based in New York and reports to John Brim, head of Energy & Commodities Corporate Finance for North America.
Andrew will focus on the development of the bank's business in the power sector and expand its capabilities and product offering for clients by providing buy-side, sell-side and restructuring advisory services, particularly at the asset level with both conventional and renewable assets and transmission.
Andrew joined the project finance group at BNP Paribas in 1996 and became co-head of North America Project Finance in 2003 before becoming sole head of the team in 2007. Prior to joining BNP Paribas, Andrew spent five years with Prudential in their private placement group focused on asset-backed securities, LBOs and project finance.
Andrew has been instrumental in expanding the project finance franchise for North America, specifically in the areas of wind, oil sands, project finance bonds, institutional term loans, renewables, and financial advisory assignments. "His new role will compliment BNP Paribas' expansion in Corporate Finance which includes the acquisition of Hill Street Partners in May 2010," said Brim. "This move further emphasizes BNP Paribas' commitment to strengthening its Corporate Finance presence in the Americas."
BNP Paribas is a global leader in structured finance, investment banking and other activities, with a particular emphasis in the Americas in energy and commodities, general industrial, consumer products, cross-border transactions and in a select number of other sectors.
BNP Paribas Corporate and Investment Banking
BNP Paribas Corporate and Investment Banking employs over 20,000 people in over 50 countries and services 13,000 corporate and institutional clients worldwide.
BNP Paribas CIB excels in:
Derivatives -- where it is one of the leading global players in rates, credit, forex, commodity and equity derivatives
Capital markets -- where it is one of the top European houses in both ECM and DCM (bond, securitization, convertibles and equity issuance)
Structured finance -- where it is amongst the leaders in acquisition, export, project, energy and commodity finance globally
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is one of the six strongest banks in the world* and the largest bank in the eurozone by deposits. With a presence in more than 80 countries and about 200,000 employees, including 160,000 in Europe, BNP Paribas is a leading European provider of financial services on a worldwide scale. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Retail Banking, the Group has four domestic markets: Belgium, France, Italy and Luxembourg. BNP Paribas is rolling out its integrated model across the Europe-Mediterranean zone and boasts a large network in the United States. BNP Paribas Personal Finance is the leader in consumer lending in Europe. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe and solid and fast-growing businesses in Asia.
*Rated AA by Standard & Poor's i.e. 3rd rating on a scale of 22.
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