Bank of America
HQ: USAlisted on Coalpolicytracker.org

| Expansion | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Loans | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Underwriting | 2022 | 2023 | 2024 | 2025 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Whitehaven Coal LtdAston Resources Ltd, Narrabri Coal Operations Pty Ltd, Whitehaven WS Pty Ltd (based on GCEL 2025) | mining | $808M | $94M | Not On GCEL Change in Company Structure | $902M | Not On GCEL Change in Company Structure | $902M | |||||||||||||||||||||
| Duke Energy CorporationDuke Capital Financing Trust I, Duke Capital Financing Trust II, Duke Energy Capital Trust II, Duke Energy Carolinas LLC, Duke Energy Florida LLC, Duke Energy Florida Project Finance LLC, Duke Energy Indiana LLC, Duke Energy Kentucky Inc, Duke Energy Ohio Inc, Duke Energy Progress LLC, PROGRESS CAPITAL HOLDINGS INC, Progress Energy Inc (based on GCEL 2025) | $68M | $71M | $110M | $95M | $94M | $78M | $44M | $49M | $163M | $149M | $154M | $144M | $609M | |||||||||||||||
| Berkshire Hathaway IncBerkshire Hathaway Energy Company, BNSF Railway Co, Bridger Coal Co, Burlington Northern Santa Fe LLC, MidAmerican Energy Co, PacifiCorp, PacifiCorp Capital Corp, PacifiCorp Capital I, PacifiCorp Capital II, PacifiCorp Financial Services Inc, Sierra Pacific Power Co (based on GCEL 2025) | $62M | $86M | $78M | $83M | $21M | $24M | $23M | $54M | $84M | $111M | $100M | $137M | $432M | |||||||||||||||
| DTE Energy CompanyDTE CAPITAL CORP, DTE Electric Co (based on GCEL 2025) | $72M | $56M | $49M | $56M | $12M | $47M | $60M | $65M | $84M | $103M | $109M | $121M | $416M | |||||||||||||||
| Evergy IncAquila Capital LP, Evergy Kansas Central Inc, Evergy Kansas South Inc, Evergy Metro Inc, Evergy Missouri West Inc (based on GCEL 2025) | $34M | $104M | $134M | $8M | $103M | $23M | $42M | $207M | $157M | $405M | ||||||||||||||||||
| PPL CorporationKentucky Utilities Co, LG&E and KU Energy LLC, Louisville Gas & Electric Co, PPL Capital Funding Inc (based on GCEL 2025) | $58M | $130M | $68M | $8M | $141M | Not On GCEL Change in Company Structure | $66M | $130M | $209M | $405M | ||||||||||||||||||
| American Electric Power Company Inc (AEP)AEP Credit Inc, AEP Generating Co, Appalachian Power Co, Indiana Michigan Power Co, Kentucky Power Co, Ohio Power Co, Public Service Co of Oklahoma, Southwestern Electric Power Company, Wheeling Power Co (based on GCEL 2025) | $111M | $16M | $49M | $70M | $44M | $74M | $111M | $86M | $93M | $74M | $364M | |||||||||||||||||
| Ameren CorporationUnion Electric Co (based on GCEL 2025) | $72M | $104M | $89M | $42M | $40M | $15M | $72M | $42M | $144M | $104M | $361M | |||||||||||||||||
| China Resources Co LtdChina Resources Inc, China Resources Power Holdings Co Ltd, China Resources Power Hubei Co Ltd, China Resources Power (Xiantao) Co Ltd, China Resources Power (Zhejiang) Co Ltd, CR & CNIC Investment Ltd, CR Power Investment Co Ltd, CR Power (Yichang) Co Ltd, CRH (Power) Limited , Shenzhen Shenshan Special Cooperation Zone China Resources Power Co Ltd (based on GCEL 2025) | power | $352M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $352M | $352M | ||||||||||||||||||||||
| The Southern CompanyAlabama Power Capital Trust I, Alabama Power Capital Trust II, Alabama Power Capital Trust III, Alabama Power Capital Trust V, Alabama Power Co, Georgia Power Capital LP, Georgia Power Capital Trust, Georgia Power Capital Trust II, Georgia Power Capital Trust III, Georgia Power Capital Trust V, Georgia Power Capital Trust VI, Georgia Power Capital Trust VII, Georgia Power Co, Southern Co Capital Funding Inc, Southern Co Capital Trust I, Southern Co Capital Trust II, Southern Co Capital Trust III, Southern Co Capital Trust IV, Southern Co Capital Trust V, Southern Co Capital Trust VI, Southern Company Gas Capital Corporation (based on GCEL 2025) | $59M | $49M | $69M | $9M | $66M | $23M | $44M | $9M | $124M | $72M | $114M | $319M | ||||||||||||||||
| Tennessee Valley Authority | $30M | $64M | $18M | $32M | $32M | $128M | $48M | $32M | $96M | $128M | $305M | |||||||||||||||||
| Korea Electric Power Corporation (KEPCO)Korea East-West Power Co Ltd, Korea Midland Power Co Ltd, Korea South-East Power Co Ltd, Korea Southern Power Co Ltd, Korea Western Power Co Ltd (based on GCEL 2025) | power | $150M | $149M | Not On GCEL Change in Company Structure | $150M | Not On GCEL Change in Company Structure | $149M | $299M | ||||||||||||||||||||
| RWE AGRWE Finance US, LLC, RWE Power AG (based on GCEL 2025) | $53M | $78M | $46M | $76M | $53M | $78M | $46M | $76M | $253M | |||||||||||||||||||
| Xcel Energy IncNorthern States Power Co - Minnesota, Public Service Company of Colorado, Southwestern Public Service Capital I, Southwestern Public Service Company (based on GCEL 2025) | $44M | $50M | $33M | $69M | $22M | $44M | $33M | $69M | $73M | $218M | ||||||||||||||||||
| Alliant Energy CorporationAlliant Energy Finance LLC, Interstate Power and Light Co, Wisconsin Power and Light Company (based on GCEL 2025) | $16M | $38M | $25M | $24M | $26M | $15M | $54M | $24M | $42M | $53M | $79M | $199M | ||||||||||||||||
| The AES CorporationAES Andes SA, AES Argentina Generacion SA, AES Indiana, AES Mong Duong Power Co Ltd, AES Ohio, DPL Capital Trust II, DPL Inc, Empresa Electrica Angamos SpA, Empresa Electrica Cochrane SpA, IPALCO ENTERPRISES INC, Mong Duong Finance Holdings BV (based on GCEL 2025) | $39M | $ | $49M | $83M | $87M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $84M | $171M | |||||||||||||||||||
| FirstEnergy CorpGPU CAPITAL INC, Monongahela Power Co (based on GCEL 2025) | $48M | $31M | $31M | $26M | $34M | Not On GCEL Change in Company Structure | $74M | $31M | $65M | $169M | ||||||||||||||||||
| CenterPoint Energy IncHouston Industries Financeco LP, Reliant Energy Finance Co III, SIGECO Securitization I LLC, Southern Indiana Gas and Electric Company, Vectren Capital Corp, Vectren LLC (based on GCEL 2025) | $44M | $58M | $25M | $20M | $44M | Not On GCEL Change in Company Structure | $25M | $78M | $147M | |||||||||||||||||||
| CMS Energy CorpConsumers Energy Co, Consumers Energy Co Finance III, Consumers Energy Co Financing IV, Consumers Power Co Financing I (based on GCEL 2025) | $21M | $49M | $41M | $28M | $21M | $41M | Not On GCEL Change in Company Structure | $77M | $139M | |||||||||||||||||||
| Glencore PLCBulga Coal Management Pty Ltd, Carbones del Cerrejon Ltd, Finges Investment BV, Glencore Australia Holdings Pty Ltd, Glencore Capital Finance DAC, Glencore Finance (Bermuda) Ltd, Glencore Finance (Canada) Ltd, Glencore Finance (Europe) Ltd, Glencore Funding LLC, Glencore Group Funding Ltd, Glencore International AG, Glencore (Schweiz) AG, Hail Creek Joint Venture , Rolleston Coal Holdings Pty Ltd, Ulan Coal Mines Ltd, Wandoan Holdings Pty Ltd (based on GCEL 2025) | power, mining | $15M | $93M | $29M | $15M | $93M | Not On GCEL Change in Company Structure | $29M | $137M | |||||||||||||||||||
| Basin Electric Power CooperativeDakota Coal Co, Dakota Gasification Co (based on GCEL 2025) | $17M | $19M | $90M | $17M | Not On GCEL Change in Company Structure | $90M | $19M | $127M | ||||||||||||||||||||
| CSX Corp | $29M | $52M | $20M | $5M | $20M | $52M | $49M | $5M | $20M | $126M | ||||||||||||||||||
| WEC Energy Group IncElm Road Generating Station Supercritical LLC, Wisconsin Electric Power Company, Wisconsin Public Service Corporation (based on GCEL 2025) | $28M | $20M | $52M | $25M | Not On GCEL Change in Company Structure | $20M | $52M | $53M | $125M | |||||||||||||||||||
| AGL Energy LtdAGL Loy Yang Pty Ltd (based on GCEL 2025) | $64M | $56M | Not On GCEL Change in Company Structure | $64M | Not On GCEL Change in Company Structure | $56M | $120M | |||||||||||||||||||||
| Sasol LtdSasol Financing International Ltd, Sasol Financing (Pty) Ltd, Sasol Financing USA LLC, Sasol Mining Pty Ltd (based on GCEL 2025) | mining | $48M | $56M | $9M | $56M | $57M | Not On GCEL Change in Company Structure | $113M | ||||||||||||||||||||
| NiSource IncNiSource Capital Markets, Inc., NiSource Finance Corp, Northern Indiana Public Service Company LLC (based on GCEL 2025) | $31M | $18M | $27M | $15M | $19M | $31M | $33M | $19M | $27M | $110M | ||||||||||||||||||
| Pinnacle West Capital CorpArizona Public Service Co (based on GCEL 2025) | $24M | $28M | $12M | $19M | $12M | $24M | $28M | $19M | $82M | |||||||||||||||||||
| ALLETE IncBNI Energy Inc, Minnesota Power (based on GCEL 2025) | $12M | $12M | $10M | $10M | $13M | $8M | $17M | $22M | $24M | $8M | $26M | $80M | ||||||||||||||||
| Arkansas Electric Cooperative Corporation | $16M | $62M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $16M | $62M | $79M | |||||||||||||||||||||
| IDACORP IncIdaho Power Co (based on GCEL 2025) | $12M | $15M | $6M | $13M | $18M | $7M | $5M | $13M | $29M | $22M | $11M | $75M | ||||||||||||||||
| TXNM EnergyTXNM Energy, NM CAPITAL UTILITY CORP, Public Service Co of New Mexico (based on GCEL 2024) | $24M | $28M | $10M | $12M | $24M | $28M | $22M | $74M | ||||||||||||||||||||
| Tata Power Co LtdBhira Investments Pte Ltd, Industrial Energy Ltd, Khopoli Investments Ltd, Maithon Power Ltd, Tata Power International Pte Ltd, Tata Power Trading Co Ltd (based on GCEL 2025) | power | $73M | $73M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $73M | ||||||||||||||||||||||
| TransAlta CorporationTransAlta Centralia Generation LLC (based on GCEL 2025) | $16M | $24M | $29M | $4M | $16M | $24M | $29M | $4M | $73M | |||||||||||||||||||
| Black Hills CorpWyodak Resources Development Corp (based on GCEL 2025) | $9M | $20M | $11M | $10M | $13M | Not On GCEL Change in Company Structure | $11M | $19M | $33M | $63M | ||||||||||||||||||
| NRG Energy IncNRG Finance Co I LLC (based on GCEL 2025) | $27M | $16M | $ | $9M | $8M | $2M | Not On GCEL Change in Company Structure | $36M | $23M | $2M | $62M | |||||||||||||||||
| East Kentucky Power Cooperative Inc | $58M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $58M | $58M | |||||||||||||||||||||||
| BHP Group LtdBHP Billiton Finance BV, BHP Billiton Finance Ltd, BHP Billiton Finance plc, BHP Billiton Finance (USA) Ltd, BHP Finance Ltd, Hunter Valley Energy Coal Pty Ltd, WMC Finance (USA) Ltd (based on GCEL 2025) | mining | $29M | $27M | Not On GCEL Change in Company Structure | $29M | Not On GCEL Change in Company Structure | $27M | $56M | ||||||||||||||||||||
| Portland General Electric Co | $9M | $9M | $10M | $8M | $12M | $21M | $9M | $10M | $8M | $47M | ||||||||||||||||||
| MDU Resources Group IncMontana-Dakota Utilities Co (based on GCEL 2025) | $4M | $11M | $31M | Not On GCEL Change in Company Structure | $4M | Not On GCEL Change in Company Structure | $42M | $46M | ||||||||||||||||||||
| Comision Federal de Electricidad EPE (CFE) | $16M | $8M | $3M | $18M | Not On GCEL Change in Company Structure | $3M | $34M | $8M | $45M | |||||||||||||||||||
| OGE Energy CorpOG&E Financing I, Oklahoma Gas and Electric Company (based on GCEL 2025) | $10M | $8M | $4M | $14M | $6M | $3M | $10M | $22M | $10M | $3M | $45M | |||||||||||||||||
| Otter Tail CorpOtter Tail Power Co (based on GCEL 2025) | $16M | $8M | $6M | $12M | $16M | Not On GCEL Change in Company Structure | $8M | $18M | $42M | |||||||||||||||||||
| NorthWestern Energy Group IncNorthWestern Corp (based on GCEL 2025) | $11M | $16M | $14M | $11M | $16M | Not On GCEL Change in Company Structure | $14M | $40M | ||||||||||||||||||||
| Eneva SA | $37M | $37M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $37M | |||||||||||||||||||||||
| Origin Energy LtdOrigin Energy Finance Ltd (based on GCEL 2025) | $13M | $12M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $13M | $12M | $25M | |||||||||||||||||||||
| Sumitomo CorporationPT Central Java Power, Sumitomo Corp Capital Netherlands BV, Sumitomo Corporation Capital Europe PLC, Van Phong Power Co Ltd (based on GCEL 2025) | $8M | $17M | Not On GCEL Change in Company Structure | $8M | $17M | $25M | ||||||||||||||||||||||
| Dominion Energy South Carolina Inc | $24M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $24M | $24M | ||||||||||||||||||||||
| Sunflower Electric Power Corp Inc | $6M | $18M | Not On GCEL Change in Company Structure | $6M | Not On GCEL Change in Company Structure | $18M | $24M | |||||||||||||||||||||
| Intermountain Power Agency | $22M | $22M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $22M | |||||||||||||||||||||||
| Fortis IncTucson Electric Power Co, UNS Energy Corporation (based on GCEL 2025) | $4M | $3M | $3M | $4M | $5M | $ | $ | $1M | $9M | $4M | $3M | $5M | $21M | |||||||||||||||
| Oglethorpe Power Corporation | $16M | $5M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $20M | $20M | ||||||||||||||||||||||
| JERA Co IncHitachinaka Generation Co Ltd, Jera Global Markets Pte Ltd (based on GCEL 2025) | $10M | $6M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $10M | $6M | $16M | |||||||||||||||||||||
| Wolverine Power Supply Cooperative Inc | $14M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $14M | $14M | ||||||||||||||||||||||
| CONSOL Energy Inc | power | $14M | $14M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $14M | ||||||||||||||||||||||
| Enel SpAEnel Finance International NV, Enel Investment Holding BV, Endesa Financiacio?n Filiales SA, Enel Finance America LLC (based on GCEL 2023) | $8M | $6M | $8M | $6M | Not On GCEL Change in Company Structure | $14M | ||||||||||||||||||||||
| Dominion Energy IncVirginia Electric and Power Co, Dominion Energy South Carolina Inc (based on GCEL 2023) | $13M | $13M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $13M | |||||||||||||||||||||||
| Vistra CorpDynegy Midwest Generation LLC, Luminant Mining Co LLC, Vistra Finance Corp (based on GCEL 2025) | $12M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $12M | $12M | |||||||||||||||||||||||
| Mitsubishi CorporationMitsubishi Corporation Finance PLC (based on GCEL 2025) | power | $4M | $5M | $2M | Not On GCEL Change in Company Structure | $4M | $5M | $2M | $12M | |||||||||||||||||||
| Tri-State Generation and Transmission Association IncElk Ridge Mining and Reclamation LLC (based on GCEL 2025) | $11M | $11M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $11M | |||||||||||||||||||||||
| Posco Holdings IncPosco International Corporation, AES Mong Duong Power Co Ltd, Samcheok Blue Power Co Ltd (based on GCEL 2024) | power | $10M | $10M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $10M | ||||||||||||||||||||||
| Capital Power Corp | 0 | $10M | Not On GCEL Change in Company Structure | $10M | Not On GCEL Change in Company Structure | $10M | ||||||||||||||||||||||
| Avista Corp | $3M | $3M | $4M | $4M | $3M | Not On GCEL Change in Company Structure | $3M | $10M | ||||||||||||||||||||
| EnBW Energie Baden-Württemberg AGEnBW International Finance BV (based on GCEL 2025) | $5M | $3M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $9M | $9M | ||||||||||||||||||||||
| Trafigura Group Pte LtdTrafigura Group Pte Ltd (based on GCEL 2023) | 0 | $9M | Not On GCEL Change in Company Structure | $9M | Not On GCEL Change in Company Structure | $9M | ||||||||||||||||||||||
| Big Rivers Electric Corporation | $7M | Not On GCEL Change in Company Structure | $7M | Not On GCEL Change in Company Structure | $7M | |||||||||||||||||||||||
| South Carolina Public Service Authority | $4M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $4M | $4M | |||||||||||||||||||||||
| Uniper SEUniper Kraftwerke GmbH (based on GCEL 2025) | $2M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $2M | $2M | |||||||||||||||||||||||
| MGE Energy IncMadison Gas and Electric Co (based on GCEL 2025) | $2M | Not On GCEL Change in Company Structure | $2M | Not On GCEL Change in Company Structure | $2M |