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Canadian Solar secures C$53.5m non-recourse construction loan
18 May 2015Canadian Solar has agreed a non-recourse loan of up to C$53.5 million ($44.4 million) to finance the construction of its 10MW 'Illumination' solar power project in Scugog, Ontario.
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UK's green bank commits additional £236m to offshore wind
18 May 2015The UK's Green Investment Bank (GIB) has paid £236 million ($370 million) for a 19% equity stake in an offshore wind joint venture with German power company E.On.
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Shell and Statoil next to face climate votes at AGM
15 May 2015Shell and Statoil will become the latest fossil fuel companies to address mounting shareholder concerns about climate change when they hold their annual general meetings (AGMs) next week.
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Eurosif proposes sustainability as 6th pillar of EU Capital Markets Union
13 May 2015Sustainability should be added to the proposed principals behind the EU's Capital Markets Union (CMU) initiative.
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NRG Yield stock split boosts equity finance capacity by $20bn
13 May 2015US yieldco NRG Yield is to introduce a one-for-one stock split after the close of trading tomorrow (14 May) to help it raise more equity capital.
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Amundi launches three index-linked low-carbon funds
12 May 2015Amundi has created three funds to track a low-carbon index from MSCI.
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Sustainability accounting project approaches key milestone
12 May 2015Non-financial accounting standards for all major industrial sectors should be available within 12 months, said the California-based Sustainability Accounting Standards Board (SASB).
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NRG Yield and parent commit $250m to new solar projects
12 May 2015US power company NRG Energy and its 55%-owned yieldco NRG Yield plan to create a $100 million partnership to invest in distributed solar photovoltaic installations for commercial and industrial clients.
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PRI to open New York office
11 May 2015The Principles for Responsible Investment (PRI) plans to open an office in New York as it looks to expand its influence in North America.
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Indian pharma tycoon gets nod to buy major stake in Suzlon
11 May 2015Regulators have given the green light for India's second richest man to buy a major stake in wind energy firm Suzlon.