Archive

EU GBS 'not overly costly' for leading utility green bond issuers, says IEEFA

Major European utility sector issuers of green bonds should not find it "overly costly" to switch to issuing EU Green Bond Standard (EU GBS)-compliant bonds to use the landmark legislation to demonstrate their "better management of transition risk", according to a think tank.

Nest, GLIL invest £400m in UK offshore wind farm

AXA IM Alts and CAA acquire UK offshore windfarm for £3bn

CDP: 80% rise in carbon accounting for largest corporates

ESG Ratings in fixed income: A good start

ESG ratings should only be used as a first step when it comes to assessing issuers, a panel at Environmental Finance's ESG and Fixed Income 2020 conference heard. Ahren Lester reports

Net zero transition to cost $1-2tn a year, say energy companies

Achieving net-zero emissions worldwide by 2050 will cost $1-2 trillion a year, around 1.5% of global GDP, according to a report from coalition The Energy Transitions Commission (ETC).

Siemens Gamesa inks medical research supporting bank guarantee

Wind turbine maker Siemens Gamesa signed an innovative €600 million bank guarantee line to cover the component construction for the world's largest offshore wind farm, with the premium on the deal used to finance a cancer research project.

Bonds round-up: KfW, DKB, Orsted, RBS ... and more

No oil & gas company aligned with 2°C pathway, says TPI

None of the 50 largest oil and gas companies have aligned their emission intensity with a pathway that would keep global warming to 2°C, as called for in the Paris Agreement on climate change, according to the Transition Pathway Initiative (TPI).

Glennmont buys stake in German wind farm from GIP

London-based fund manager Glennmont Partners has struck a deal to buy a 25% stake in the 330MW Gode Wind 1 offshore wind farm in the German portion of the North Sea.