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Private equity giant KKR has ramped up its exposure to renewables, with the acquisition of a majority stake in solar developer Gestamp Solar in a deal that values the company at $1 billion.

A company that installs biomass boilers has secured funding for its portfolio of projects in a deal funded by a £4.8 million ($7.5 million) bond issue.

CREO Networks and the Cleantech Syndicate have merged to form the CREO Syndicate, an $80 billion network of private investors and family offices.

The PRI's Fiona Reynolds has her sights set on how to move the organisation forward, including how to make sure its signatories are making good on their commitments. Peter Cripps reports

Investors managing $12 trillion of assets have urged G7 finance ministers to back a long-term emissions reduction plan, to help limit the average global temperature increase to 2⁰C above pre-industrial levels.

KfW has issued its first green bond in Australian dollars.

UK infrastructure investor Equitix has paid construction company Balfour Beatty £40 million ($62 million) for an 80% stake in the transmission system for the Thanet offshore windfarm.

The European Investment Bank has agreed a £51 million ($78 million) loan for the world's second largest offshore wind project, using its Project Bond Credit Enhancement Facility.

The SEK265 billion fund is moving its money out of 20 firms – 12 in coal and eight in oil and gas production – following what it called a "comprehensive risk analysis" of its holdings.

A renewables firm which raised £9.5 million ($15.5 million) through an IPO in July has reached financial close on two biomass boiler projects.