Wednesday November 01, 2006

Sustainable energy is next, says Rabobank

business-times.asia1.com.sg :

Rabobank has earmarked its Singapore office to play a key role in the Dutch bank's move to tap into the development of sustainable energy where, its chairman Bert Heemskerk says, huge opportunities are on offer. 'The next Google will be in the area of sustainable energy,' Mr Heemskerk says. 'This will be the booming business in the decades to come.'

Rabobank has its roots as the farmers' bank. The bank is the world's only privately held bank with a AAA rating by Standard and Poor's. Mr Heemskerk sees Rabobank's co-operative ownership structure as being possibly more of a plus than a minus compared with being a listed company. While decision making is decentralised in a co-operative and hence involves convincing a lot of parties, he points out that 'once you have chosen the right track, you can move much quicker than any other bank'.

(2006-11-01 12:36:35 SGT) [Energy] Permalink

Most popular blog postings on lowem.log :

1. Singapore MRT rail network length to double by 2020
2. 2010 Nissan Leaf electric car specifications : 107hp, 24KWh lithium-ion batteries, 100-mile range
3. Live spot gold price quotes chart on COMEX
4. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
5. AVG Anti-Virus Free Edition 2011 direct download link
6. Real-time live gold and silver price quotes chart on COMEX
7. Singapore electric vehicles : Government agencies EMA and LTA to study EV introduction
8. Book review : Shut Down by William Flynn

Featured articles on lowem.log :

1. Book review : Shut Down by William Flynn
2. Singapore electric cars testing starts with 9 electric vehicles
3. Honda, GS Yuasa JV to make lithium-ion batteries for 2010/2011 Honda Civic Hybrid
4. 2010 Honda Civic Hybrid preliminary specifications released
5. 2010 Honda CR-Z hybrid, 2010 Honda Fit/Jazz hybrid models confirmed
6. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
7. NYMEX crude oil recovers from $32.40 low after 2.2 mbpd OPEC production cut announced
8. Singapore : Nuclear power not ruled out