Archive

Private equity firm EQT enters €5bn ESG-linked loan facility

Private equity firm EQT has entered into an environmental, social and governance (ESG)-linked, fund-level bridge facility of up to €5 billion ($5.7 billion) with a syndicate of more than 15 lenders, including BNP Paribas and SEB.

Cubico refinances solar project with €250m green loan

Cubico Sustainable Investments has achieved financial close on the refinancing of the 50MW Arenales concentrated solar power (CSP) project in Seville, Spain.

Dredging firm Van Oord signs first green loan for LNG ships

Dutch offshore contracting firm Van Oord has secured its inaugural green loan to finance three liquefied natural gas (LNG)-fuelled dredging vessels in a bid to reduce the emissions of its fleet.

Blue like an Orange raises $200m for Latin America impact fund

Blue like an Orange Sustainable Capital has raised $200 million at final close of its inaugural impact fund, which will target positive social impact in Latin America via private lending.

Total becomes next oil major to feel shareholder climate pressure

French supermajor Total has become the latest oil firm to face rising pressure from shareholders at its annual general meeting (AGM) over it environmental ambitions.

Chinese regulators to exclude 'clean' fossil fuels from green bond standard

Chinese regulators propose to exclude controversial 'clean' fossil fuel projects from their list of eligible green bonds.

ACPR: Banks need to incorporate climate into risk management framework

The French Prudential Supervision and Resolution Authority (ACPR) has published a guide to good practices in governance and climate risk management for the banking industry.

Majority of Europe's largest companies still 'failing' in climate reporting

In 2019, more than three quarters of Europe's largest companies were not adequately reporting climate and environmental risks, according to the Climate Disclosure Standards Board (CDSB).

Banks' fossil fuel commitments accelerate as pressure intensifies

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.