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Energy Transition

Powering the evolution of Energy Transition with capital strength, integrated advisory, sustainable finance, and cross-platform execution across its lifecycle.

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Your Partner in Energy Transition

Supporting clients on energy transition with capital strength, integrated advisory, sustainable finance and cross-platform execution across its full lifecycle.

Latest insights

Our approach

RBC Capital Markets brings structure, speed, and strategy to a complex, fast-moving landscape, aligning capital with insight across regions, sectors, and transition maturity levels. From bespoke financing to cross-platform execution, we help clients seize innovation, navigate policy volatility, and unlock sustainable growth – at every stage of the transition.

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Seizing the opportunity

Hear from RBC Capital Markets leaders on how we’re helping clients navigate complexity, scale innovation, and unlock value in a fast-changing energy landscape.

Full-service Energy Transition support

We deliver end-to-end solutions across the transition lifecycle – connecting capital, insights, and execution.

Global Investment BankingCorporate BankingSustainable FinanceGlobal MarketsGlobal Research

  • Global Investment Banking
  • Corporate Banking
  • Sustainable Finance
  • Global Markets
  • Global Research

Global Investment Banking

An innovative, trusted partner to clients for the long-term.

Solutions

  • M&A and debt advisory
  • Strategic equity solutions across public and private markets
  • Project and infrastructure finance
  • Sector specialists across clean power, clean fuels, manufacturing, services, climate tech and more

Corporate Banking

Supporting the Energy Transition with tailored lending, innovative credit structuring, and relationship-led execution across sectors and regions.

Solutions

  •  Balance sheet lending across conventional and low-carbon energy assets
  •  Bespoke credit structuring for energy transition projects
  •  Coordination with Equity Capital Markets, Debt Capital Markets, and Project Finance
  • Support for carbon streaming agreements and capital recycling strategies
  •  Strategic advisory for sustainability-linked loans and other credit solutions

Sustainable Finance

Structured capital solutions aligned to sustainability objectives, regulatory standards, and investor expectations.

Solutions

  • Green, sustainability-linked and transition finance instruments
  • ESG integration in corporate strategy and investment analysis
  • Disclosure and reporting advisory
  • ESG due diligence for M&A and private equity
  • Carbon markets and renewable energy procurement solutions

Global Markets

Carbon, trading, and risk solutions – structuring credit, derivatives, and hedging strategies for energy, fuels, and renewables.

Solutions

  • Carbon emissions trading
  • Structured hedging and derivatives
  • Power and fuel pricing strategies
  • Aftermarket performance optimization
  • Carbon markets and renewable energy procurement solutions

Global Research

Market intelligence across priority transition markets, assessing capital flows, policy risk, and investor sentiment with precision.

Solutions

  • Energy transition capital flows
  • Investor sentiment and policy impact
  • Sector insights: energy, PU&I, technology
  • Emerging tech and energy economics
  • Supply chain and infrastructure analysis

Global Investment Banking

Global Investment Banking

An innovative, trusted partner to clients for the long-term.

Solutions

  • M&A and debt advisory
  • Strategic equity solutions across public and private markets
  • Project and infrastructure finance
  • Sector specialists across clean power, clean fuels, manufacturing, services, climate tech and more

Corporate Banking

Corporate Banking

Supporting the Energy Transition with tailored lending, innovative credit structuring, and relationship-led execution across sectors and regions.

Solutions

  •  Balance sheet lending across conventional and low-carbon energy assets
  •  Bespoke credit structuring for energy transition projects
  •  Coordination with Equity Capital Markets, Debt Capital Markets, and Project Finance
  • Support for carbon streaming agreements and capital recycling strategies
  •  Strategic advisory for sustainability-linked loans and other credit solutions

Sustainable Finance

Sustainable Finance

Structured capital solutions aligned to sustainability objectives, regulatory standards, and investor expectations.

Solutions

  • Green, sustainability-linked and transition finance instruments
  • ESG integration in corporate strategy and investment analysis
  • Disclosure and reporting advisory
  • ESG due diligence for M&A and private equity
  • Carbon markets and renewable energy procurement solutions

Global Markets

Global Markets

Carbon, trading, and risk solutions – structuring credit, derivatives, and hedging strategies for energy, fuels, and renewables.

Solutions

  • Carbon emissions trading
  • Structured hedging and derivatives
  • Power and fuel pricing strategies
  • Aftermarket performance optimization
  • Carbon markets and renewable energy procurement solutions

Global Research

Global Research

Market intelligence across priority transition markets, assessing capital flows, policy risk, and investor sentiment with precision.

Solutions

  • Energy transition capital flows
  • Investor sentiment and policy impact
  • Sector insights: energy, PU&I, technology
  • Emerging tech and energy economics
  • Supply chain and infrastructure analysis

Specialist coverage across the Energy Transition spectrum

Our solutions are built on deep industry expertise across the technologies and sectors.

EVs & EV Charging

Biofuels & Biogas

Battery Storage

Energy Efficiency

Renewables

Distributed Generation

Green Hydrogen & CCUS

Nuclear & Geothermal

Data Centers

Grid & Transmission

Energy from Waste

Climate Tech

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Select deals and client execution

Selected global deals, transactions and mandates.

Previous

£963,000,000

Sale of the Norfolk Offshare Wind Zone

Financial Advisor to Vattenfall

US $6.8 billion

Sale of Energy Harbor to Vistra

Financial Advisor

US $300,000,000

Sell Side for world's largest SAF facility

Financial Advisor

US $421,000,000

Fervo Energy

Fervo Energy Closed Non-Recourse Project Financing for Cape Station

US $15,000,000,000

(total investment)

KKR invests in RWE’s offshore wind projects

Exclusive financial advisor

GBP £5,000,000,000

Acquisition of a 50% stake in Hornsea 3 Offshore Wind Farm

Financial advisor and acquisition financing provider

EUR €9,500,000,000

Acquisition of a 46% target stake in TenneT Germany

Financial advisor

N/A - Debt Advisory

Establishment of a green loan portfolio debt facility

Sole financial advisor

Undisclosed

Sale of Enverus to Blackstone

Financial advisor

EUR €250,000,000

Investment in SkyNRG

Sole financial advisor

Undisclosed

Sale of Seven Seas Water Group to EQT

Exclusive financial advisor

£1,400,000,000

Cash offer for 100% of SMS

Financial Advisor to SMS

£963,000,000

Sale of the Norfolk Offshare Wind Zone

Financial Advisor to Vattenfall

US $6.8 billion

Sale of Energy Harbor to Vistra

Financial Advisor

US $300,000,000

Sell Side for world's largest SAF facility

Financial Advisor

US $421,000,000

Fervo Energy

Fervo Energy Closed Non-Recourse Project Financing for Cape Station

US $15,000,000,000

(total investment)

KKR invests in RWE’s offshore wind projects

Exclusive financial advisor

GBP £5,000,000,000

Acquisition of a 50% stake in Hornsea 3 Offshore Wind Farm

Financial advisor and acquisition financing provider

EUR €9,500,000,000

Acquisition of a 46% target stake in TenneT Germany

Financial advisor

N/A - Debt Advisory

Establishment of a green loan portfolio debt facility

Sole financial advisor

Undisclosed

Sale of Enverus to Blackstone

Financial advisor

EUR €250,000,000

Investment in SkyNRG

Sole financial advisor

Undisclosed

Sale of Seven Seas Water Group to EQT

Exclusive financial advisor

£1,400,000,000

Cash offer for 100% of SMS

Financial Advisor to SMS

£963,000,000

Sale of the Norfolk Offshare Wind Zone

Financial Advisor to Vattenfall

US $6.8 billion

Sale of Energy Harbor to Vistra

Financial Advisor

US $300,000,000

Sell Side for world's largest SAF facility

Financial Advisor

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*Dates disclosed represent announcement dates only.

See more transactions

Transition in action

Previous

Case Study\ \ RBC Capital Markets Advises CIP on Sale of 50% Stake in Europe’s Largest BESS Project to AXA IM Alts \ \ RBC Capital Markets acted as exclusive financial adviser to Copenhagen Infrastructure Partners (CIP) on the sale of a 50% stake in Coalburn 1, Europe's largest battery energy\ ...\ \ \ 2 min read

Case Study\ \ $6.8bn sale of Energy Harbor to Vistra powers a leading zero-carbon energy platform \ \ RBC Capital Markets acted as financial advisor to Energy Harbor, supporting its $6.8 billion sale to Vistra Corp and creating a leading zero-carbon and nuclear generation and\ ...\ \ \ 2 min read

Case Study\ \ RBC Capital Markets Advises CIP on Sale of 50% Stake in Europe’s Largest BESS Project to AXA IM Alts \ \ RBC Capital Markets acted as exclusive financial adviser to Copenhagen Infrastructure Partners (CIP) on the sale of a 50% stake in Coalburn 1, Europe's largest battery energy\ ...\ \ \ 2 min read

Case Study\ \ $6.8bn sale of Energy Harbor to Vistra powers a leading zero-carbon energy platform \ \ RBC Capital Markets acted as financial advisor to Energy Harbor, supporting its $6.8 billion sale to Vistra Corp and creating a leading zero-carbon and nuclear generation and\ ...\ \ \ 2 min read

Case Study\ \ RBC Capital Markets Advises CIP on Sale of 50% Stake in Europe’s Largest BESS Project to AXA IM Alts \ \ RBC Capital Markets acted as exclusive financial adviser to Copenhagen Infrastructure Partners (CIP) on the sale of a 50% stake in Coalburn 1, Europe's largest battery energy\ ...\ \ \ 2 min read

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Energy Transition insights

Expert perspectives on the forces shaping the Energy Transition.

Filter by topic

  • Battery Value Chain and EV Charging
  • Carbon Capture, Utilization and Storage
  • Energy Transition Momentum
  • Renewable Power & Smart Grids
  • Hydrogen
  • Industry Specific Innovations and Technology
  • Renewable Fuels

Insights\ \ 2026 Global energy outlook: Selective by design \ \ Soft market fundamentals and an unpredictable geopolitical backdrop create a complex landscape for energy producers\ \ 4 min read watch listen Learn more

Insights\ \ Driving operational resilience and long-term value creation with water \ \ Pathfinders in Sustainability: Emilio Tenuta, SVP & CSO of Ecolab, discusses global water security and Ecolab's enabling...\ \ 5 min read watch listen Learn more

Insights\ \ Capital Clash: Clean Energy vs Fossil Fuel Finance \ \ Global energy investment is entering a period of realignment.\ \ 1 min read 38 min watch 38 min listen Learn more

Insights\ \ Climate tech's ROI: balancing growth and decarbonization \ \ Climate tech leaders discuss scaling challenges, AI's role, and the shift from decarbonization to ROI-driven solutions at RBC's...\ \ 2 min read 4 min watch 4 min listen Learn more

Insights\ \ Innovators driving decarbonization in heavy industry \ \ Increasing demand for decarbonization has triggered a surge in innovation across a variety of sectors. Our experts discuss some...\ \ 2 min read 5 min watch 5 min listen Learn more

Expertise\ \ Sustainable Energy Transition: Batteries, EVs, and Global Markets \ \ European battery value chain faces challenges, but experts discuss solutions, investments, and innovations for a sustainable...\ \ 3 min read 5 min watch 5 min listen Learn more

Insights\ \ Transforming the built environment with innovation and resilience \ \ Pamela Frederick, CFO of Battery Park City Authority, discusses financing sustainability and building resilience in the urban...\ \ 5 min read watch listen Learn more

Insights\ \ Meeting AI's energy demands: challenges and opportunities \ \ Balancing AI's energy demands with sustainability calls for collaboration, innovation, and smarter grid management worldwide.\ \ 3 min read 6 min watch 6 min listen Learn more

Expertise\ \ Driving energy security: challenges and opportunities \ \ Experts discuss energy security, grid resilience, and investments required to meet global energy transition and national security...\ \ 4 min read 7 min watch 7 min listen Learn more

Insights\ \ Australia's energy transition opens doors for investors and consumers \ \ Growing demand and the phase out of coal create opportunities for investing in Australia’s energy transformation.\ \ 4 min read watch listen Learn more

Insights\ \ How Emera is rising to meet shifting energy expectations \ \ Investment and tech innovation is helping Emera ensure more resilient and affordable energy services while driving growth.\ \ 2 min read 10 min watch 10 min listen Learn more

Insights\ \ Pioneering sustainability and impact in the fixed income market \ \ Stephen M. Liberatore, CFA shares how Nuveen became a leading sustainable debt investor and is driving impact through the fixed...\ \ 5 min read watch listen Learn more

Insights\ \ Advancing Energy Transition in a new age of climate realism \ \ Highlights and key themes from RBC Capital Markets' 2025 Energy Transition Conference in London.\ \ 2 min read watch listen Learn more

Insights\ \ Why the new age of climate realism is a chance for leaders to reset \ \ Highlights of a keynote address by former U.K. Energy Minister, Claire Perry O’ Neill, at RBC Capital Markets’ Energy Transition...\ \ 3 min read watch listen Learn more

Insights\ \ Addressing challenges and opportunities in the Global Energy Transition \ \ A decade on from the Paris Agreement, the end goal remains the same, but the priorities and landscape have clearly changed.\ \ 3 min read watch listen Learn more

Insights\ \ Future-proofing real estate for a changing climate \ \ In the latest interview in our Pathfinders in Sustainability series, Kyle Hendricks, VP, Head of Sustainability at Equity...\ \ 6 min read watch listen Learn more

Insights\ \ Securing the future of an underserved group: Middle-income America \ \ Serving middle-income U.S. households is a tough proposition for financial providers. CNO Financial Group’s CEO explains how it’s...\ \ 2 min read 9 min watch 9 min listen Learn more

Insights\ \ Predictions for a volatile geopolitical year ahead \ \ Experts analyze geopolitical prospects for 2025 in an episode of the Strategic Alternatives podcast from RBC Capital Markets’...\ \ 3 min read 22 min watch 22 min listen Learn more

Insights\ \ Navigating a rapidly evolving sustainable finance landscape \ \ Sustainable Finance specialists from RBC Capital Markets examine the market outlook for 2025 amid global macroeconomic,...\ \ 3 min read 21 min watch 21 min listen Learn more

Insights\ \ ION Clean Energy’s carbon capture system promises a solution that sticks \ \ Truly efficient carbon capture has proved elusive – but ION Clean Energy (ION) is setting out to demonstrate a solution.\ \ 6 min read 20 min watch 20 min listen Learn more

Insights\ \ Global Energy Transition Outlook: AI, interest rates and policy reversals \ \ Despite the ever-changing political weather, capital continues to flow into the global energy transition.\ \ 2 min read 18 min watch 18 min listen Learn more

Insights\ \ Could Canada be a global leader in the carbon removal industry? \ \ A new industry is emerging in Canada, built around carbon dioxide (CO2) removal and sequestration. How will the developers of...\ \ 5 min read 21 min watch 21 min listen Learn more

Insights\ \ Equipping high-growth companies with impactful sustainability strategies \ \ In our latest Pathfinders in Sustainability edition, Steve Vargas, Co-founder and Global Head of Nasdaq’s Sustainability and...\ \ 5 min read watch listen Learn more

[Insights\ \ Can we meet the energy demands of AI? \ \ While artificial intelligence is poised to change many aspects of our lives, it will also require an enorm

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