SWIFT and decisive management has taken Austria’s Kommunalkredit Austria AG to the top of the European infrastructure sector. Among its sustainable transactions, the private bank has financed the innovative green energy system for the TrIIIple and Austro Tower buildings in Vienna, which provides ecological heating and cooling for five high-rises using water from the Danube River. It has also invested with oil and gas company OMV in Austria’s largest electrolysis plant to produce green hydrogen. “Politicians create the framework, private institutions transform ideas into reality,” says CEO Bernd Fislage. “Banks should contribute to society.” The BV judges agree, and present Kommunalkredit Austria AG with its second award, this time for Most Sustainable Infrastructure Project Partner (Central Europe).
