Global capital helps power Australia’s transition economy

In a recent AFR interview, BNP Paribas leaders discuss how global capital is supporting Australia’s energy and digital infrastructure needs.

3 min

  • Australia is entering a new phase of investment, with significant funding needed for energy, transport and digital infrastructure.
  • Global investors are playing an important role in financing data centres, renewable energy zones and transmission networks.
  • Access to capital increasingly depends on the ability to structure complex projects that meet global investor expectations.
  • BNP Paribas helps connect Australian issuers with global investors through its capital markets expertise and international banking platform.

Nicolas Parrot, Chief Executive of BNP Paribas Australia and New Zealand, and Pierre-Julien Marboeuf, Head of Global Capital Markets Asia Pacific at BNP Paribas, were recently featured in an article published by the Australian Financial Review (AFR). They discussed the growing investment required to support Australia’s energy transition and digital transformation, as well as the important role global capital is playing in financing the next generation of infrastructure projects.

Australia is investing heavily in infrastructure to support economic growth, decarbonisation and the rapid expansion of AI-related technologies. From renewable energy zones and transmission networks to data centres and digital infrastructure, projects are becoming larger, more interconnected and increasingly capital intensive.

BNP Paribas - Nicolas Parrot

As the Australian economy has evolved, the nation is now in a phase where it needs to deliver new kinds of infrastructure across a range of asset classes. This includes digital infrastructure – in particular data centres and the value chain supporting AI infrastructure – as well as energy infrastructure such as renewable energy zones. There’s also an ongoing need for more traditional transportation infrastructure.

Nicolas Parrot
Chief Executive of BNP Paribas Australia and New Zealand

Australian corporates are drawing on a global pool of capital to finance these large-scale projects and financing structures are evolving to support increasingly complex infrastructure needs.

International capital brings many benefits. It creates an appetite to create a new channel of investment or grow a local footprint. It creates the capacity to price competitively. It provides long duration financing that matches stable long-term infrastructure cash flow. It also provides the ability to invest across the capital stack – from senior debt and subordinated structures – to hybrid instruments and equity solutions.

Pierre-Julien Marboeuf
Head of Global Capital Markets Asia Pacific

Australia continues to attract investor interest. Pierre-Julien Marboeuf explains: “These investors need to deploy capital in trusted, tier-one jurisdictions and growth economies and they’re seeking returns and thematic exposures that match their strategies. Consequently, there’s a large appetite for them to find suitable investments in Australia.”

Drawing on its capital markets leadership alongside the strength of its European balance sheet, BNP Paribas supports clients across the energy, resources, infrastructure and digital sectors with financing solutions adapted to their evolving needs.

Nicolas Parrot notes: “For many years now, BNP Paribas is proud to be the number one bank in bringing Australian issuers to the Euro bond market. This option is really useful to large issuers during times of volatility, or simply to access the best market at any time.”

145 years of presence in Australia

As BNP Paribas celebrates 145 years in Australia, the Bank continues to support Australian clients through changing economic cycles and evolving market needs. BNP Paribas offers a broad range of financing, capital markets, transaction banking, advisory solutions, securities services and asset management, helping corporates access domestic and international funding opportunities and connect with investors worldwide.

This 145-year legacy highlights a durable partnership that has survived multiple economic cycles. It demonstrates BNP Paribas’ ability to adapt financing structures to evolving market conditions, while maintaining trust, delivering local expertise and the capacity to deliver bespoke solutions for large scale projects.

Nicolas Parrot
Chief Executive of BNP Paribas Australia and New Zealand

BNP Paribas’ role in supporting Australia’s infrastructure transition was also recently recognised at The Asset’s Triple A Sustainable Infrastructure Awards 2026. BNP Paribas in Australia was named Project Finance House of the Year and was recognised for a number of award-winning transactions, including:

In New Zealand, BNP Paribas was also recognised for: