UN's Principles for Responsible Banking tightens signatory scrutiny
Signatories of the UN Principles for Responsible Banking (PRB) have voted to establish a governance body to ensure effective implementation of the commitments, which could ultimately lead to laggards being thrown out.
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).
Greenalia agrees €125m loan for biomass plant
Spanish firm Greenalia has agreed a loan worth €125 million ($146 million) to finance its biomass electric power production plant.
AccorHotels signs €1.2bn sustainability-linked loan
A consortium of 15 banks has signed a deal with AccorHotels to link the interest rate on a €1.2 billion ($1.4 billion) loan to the hospitality company’s sustainability performance.
Green bonds round-up, 4 July
Spanish utility Iberdrola has returned to the market with its tenth green bond. The €750 million deal pays a coupon of 1.25% and matures in October 2026.
Green bond round-up, 20 September 2017
Mexico City Airport Trust has returned to the green bond market with the biggest corporate issue to date – a two-tranche $4 billion bond – to finance what it claims will be the world's most sustainable airport.
Two major LatAm wind deals reach financial close
Two major wind deals in Latin America, both involving emerging markets private equity firm Actis, have reached financial close.
Chile's first green bond issued
Pulp paper manufacturer Empresas CMPC has issued the first green bond from a Chilean issuer, raising $500 million.
EF BRIEFS: Cubico, Water Security Fund
Renewable energy and water infrastructure firm Cubico has bought a 67MW wind farm, in its first acquisition since Banco Santander sold its stake in the company last month.
Santander sell stake in renewables company to pension funds
Banco Santander has sold its stake in renewable energy and water infrastructure company Cubico to two Canadian pension funds for an undisclosed fee.