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Allianz hits €100m first close for renewables fund
26 April 2013Allianz Global Investors has reached a €100 million ($130 million) first close for a renewable energy project fund aimed at institutional investors.
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EIB hunts low-carbon investment opportunities
26 April 2013The European Investment Bank (EIB) has issued a call for new low-carbon investment opportunities as part of its plan for a 40% increase in its lending activities.
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Thomson Reuters launches ESG indexes
25 April 2013Thomson Reuters has unveiled a family of environmental, social and governance (ESG) indexes.
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Phaunos Timber Fund blames tough markets for widening losses
22 April 2013Phaunos Timber Fund – an investment company focusing on sustainable timber – saw its losses widen in 2012 after cutting the valuation of parts of its portfolio amid challenging market conditions.
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Samsung admits sourcing tin from 'devastated' island
22 April 2013Electronics giant Samsung has won NGO plaudits for admitting that tin used in some of its products originates from an area where mining has been accused of destroying tropical forests, killing coral and damaging local communities.
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Connecticut's green bank shows the way
18 April 2013A radical approach to attracting private capital for clean energy projects via a 'green bank' has been pioneered in Connecticut. As Gloria Gonzalez reports, it is attracting plaudits from far beyond the state line
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Asset manager raises £35m for wind investments
15 April 2013A UK-based alternative asset management firm has raised £35 million ($53.7 million) in a first close for its inaugural wind energy income fund.
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Geothermal sector hopes for US incentive boost
15 April 2013The US geothermal sector is set to receive a boost if the Internal Revenue Service (IRS) favourably interprets recent changes to the production tax credit (PTC), an investor has predicted.
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Clean energy investment slumps to four-year low in Q1 – BNEF
15 April 2013Investments in clean energy tanked to a four-year low in the first quarter of this year, driven by sharp falls in technology costs and setbacks in key markets such as the US and China, according to Bloomberg New Energy Finance (BNEF).
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BioAmber aims to raise $128m in IPO
12 April 2013Biochemicals company BioAmber has set the price range for its planned public listing, amid an upswing of initial public offering (IPO) activity in the clean-tech market.