Abengoa wins temporary reprieve from bankruptcy
Abengoa has won a temporary reprieve from bankruptcy after securing an agreement with 75% of its creditors, giving it seven months in which to restructure.
EF BRIEFS: TenneT, Finansinspektionen, World Bank, AMP
Dutch grid operator TenneT has said it will issue green bonds to help finance its €22 billion ($24 billion) decade-long expansion plan.
EF BRIEFS: FrieslandCampina, NTR wind fund, Engie, Enel, ScottishPower, Wheb
Dutch dairy cooperative FrieslandCampina has become the second issuer to issue a green Schuldschein – a type of German privately-placed debt instrument similar to a mid-term note.
Abengoa reveals €1.7bn cash hole
Abengoa has revealed it will require an extra €1.66 billion ($1.85 billion) over the next two years, as it prepares to enter debt restructuring talks.
EF BRIEFS: First Reserve, Capital Stage, Gestamp Solar, HSBC, BP, Yingli
Energy investor First Reserve has acquired a US wind farm from Mariah Acquisition for an undisclosed sum.
Private equity house mulls Italian solar exit as it looks for new assets
Private equity firm Amplio Group is eyeing the sale or refinancing of its 31MW Italian solar portfolio as well as further acquisitions in the country, Environmental Finance understands.
New Forests in sustainable Indonesian rubber deal
Forestry investment manager New Forests has invested in a rubber plantation in Indonesia, in a deal it says will pave the way for more institutional investments in large-scale, sustainable forestry in the country.
Abengoa Yield in search for new investors after Abengoa files for protection
Abengoa Yield's newly reappointed CEO Santiago Seage is in New York holding talks with potential buyers of the 47% stake in the yieldco held by its embattled parent company Abengoa SA.
Lightsource issues UK's biggest renewables bond, in £284m deal
Lightsource Renewable Energy has completed what it claims is the world's largest sterling-denominated bond for renewables.
Infographic: Assessing water risk in corporate bonds
A tool has been invented to make it easier to incorporate water risk into corporate bond credit risk analysis.