National Bank of Pakistan (NBP) has won the “Sustainable Infrastructure Initiative of the Year – Pakistan” award at the Asian Banking & Finance (ABF) Corporate & Investment Banking Awards 2026, recognizing its role in financing renewable energy infrastructure.
The award acknowledges NBP’s advisory, structuring and financing support for a PKR 850 million syndicated project finance facility arranged for Infraelectric (Pvt.) Limited (IFPL), a renewable energy solutions provider. The financing will support the installation of solar energy systems at cellular tower sites.
NBP Arranges PKR 850 Million Islamic Financing Facility
Under the transaction, NBP advised, structured and arranged the PKR 850 million Islamic financing facility for IFPL. The project focuses on deploying solar photovoltaic systems at telecommunications tower sites as part of a broader clean energy and decarbonization initiative.
The project aims to help establish cleaner and more energy-efficient telecommunications infrastructure by supporting the adoption of renewable energy. It also highlights the role of structured financing in enabling investment in sustainable infrastructure.
ABF Awards Recognize Banking Excellence Across Asia
Presented in Singapore, the ABF Corporate & Investment Banking Awards recognize performance, innovation and excellence in corporate and investment banking across Asia.
NBP’s recognition highlights its contribution to arranging financing for renewable energy projects and supporting initiatives that combine infrastructure development with environmental objectives.
NBP Reaffirms Commitment to Sustainable Financing
Commenting on the award, Usman Shahid, SEVP and Group Chief of NBP’s Corporate & Investment Banking Group, said the recognition reflects the bank’s growing role in enabling sustainable infrastructure and mobilizing capital for projects that deliver economic and environmental value.
He added that NBP remains committed to working with clients and partners to develop financing solutions that contribute to a more sustainable and resilient Pakistan.
Supporting Renewable Energy and Decarbonization
The recognition underscores NBP’s efforts to facilitate investment in renewable energy and decarbonization through financing solutions tailored to infrastructure needs.
By supporting solar energy deployment at cellular tower sites, the transaction demonstrates how Islamic project financing can help advance cleaner energy infrastructure while supporting the telecommunications sector’s transition towards renewable energy.