THE ADANI LIST

Companies that could make or break the Carmichael Coal Project

Finance companies that could end up funding Adani Carmichael

Thirty-seven banks have ruled out lending to the Adani Carmichael project and the #StopAdani campaign was able to prevent the Australian Government handing over taxpayer funds, which has left Adani still looking for the funding it needs to build the coal mine and rail line. It is not known where this funding will come from. One threat is the bond market, with several Adani Group companies, including Adani Abbot Point Terminal (the port via which Carmichael coal will be exported), issuing bonds, the money from which could then be transferred across to fund Carmichael. Learn more.

Use the form below to write to the banks we know are or have been involved in an Adani company bond issue and ask them to guarantee that their money and that of other bond investors won’t be used directly or indirectly to build the Carmichael project. Click here to see which investors are directly involved with Abbot Point coal port.

Banks that have been recently involved with Adani company bond issues

CompanyCountryAdani company that issued bondStatus on funding Adani Carmichael
BarclaysUKAdani Electricity Mumbai

Adani Ports and Special Economic Zone

Adani Green Energy

Adani Transmission
Has ruled it out
Bank of America Merrill LynchUSAAdani Electricity Mumbai

Adani Ports and Special Economic Zone

Adani Transmission
Unknown
BNP ParibasFranceAdani TransmissionHas ruled it out
CitigroupUSAAdani Electricity Mumbai

Adani Ports and Special Economic Zone

Adani Green Energy
Has ruled it out
Credit SuisseSwitzerlandAdani Electricity Mumbai

Adani Green Energy

Adani Transmission
Has ruled it out
DBSSingaporeAdani Electricity Mumbai

Adani Ports and Special Economic Zone

Adani Transmission
Has ruled it out
Deutsche BankGermanyAdani Electricity Mumbai
Adani Green Energy

Adani Transmission
Has ruled it out
Emirates NBD CapitalUAEAdani Electricity Mumbai

Adani Ports and Special Economic Zone

Adani Transmission
Unknown
Haitong InternationalChinaAbbot Point coal terminalUnknown
JP MorganUSAAdani Electricity Mumbai

Adani Ports and Special Economic Zone

Adani Green Energy
Has ruled it out
MizuhoJapanAdani Electricity Mumbai

Adani Ports and Special Economic Zone

Adani Transmission
Unknown
MUFGJapanAdani Electricity Mumbai

Adani Ports and Special Economic Zone

Adani Green Energy
Unknown
Standard CharteredUK/SingaporeAdani Electricity Mumbai

Adani Ports and Special Economic Zone

Adani Green Energy

Adani Transmission
Has ruled it out
StifelUSAAbbot Point coal terminalUnknown
UBSSwitzerlandAdani TransmissionUnknown

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