Steven Babiak is a vice president in investment banking at MUFG Bank, Ltd., where he specializes in originating bank and bond financings for utility-scale power projects within the United States and Canada. Based in Los Angeles, he has arranged over $14 billion in debt capital for renewable, thermal, and transmission assets, with his transactions earning six “Deal of the Year” industry awards. His most prominent deals include the $2.3 billion in total financing for Capital Dynamics’ acquisition of 8point3 Energy Partners and the $900 million financing for the development of the 1,250 MW Three Rivers gas project near Chicago. Steven was recently selected for a three-month rotation to MUFG’s Tokyo headquarters in 2023, where he will work on renewable power and infrastructure deals in East Asia. He previously completed MUFG’s Global Analyst Program, which included a month of training in Japan.
Steven graduated from Chapman University in 2015 and remains a very active and proud alumni volunteer, serving on the Alumni Association’s board of directors. At Chapman, he was a founding father of the California Phi Chapter and their first risk management chairman. He has served on the chapter’s advisory board for more than six years and remains close with many Phis across the world. In his spare time, Steven stays active by playing tennis and softball and thoroughly enjoys the LA music scene, having gone to eighteen concerts, three festivals, and one rave in 2022.
“I found my wonderful experience in Phi Delta Theta to be a great starting ground for ‘real world’ life post-graduation, where Friendship, Sound Learning, and Rectitude matter immensely in who you are, are known to be, and what you do in this world.”