Gresham House bags £75m for renewable energy fund
UK Infrastructure Bank to invest £200m in energy storage
Set climate targets, power sector told by investors with $11trn in assets
Twelve of Europe’s highest-emitting power companies have been instructed to set out Paris-aligned transition plans by a group of investors with $11.5 trillion in assets under management (AUM), as they warn of the ‘potentially catastrophic’ effects of climate change.
Could blockchain save the planet?
Cryptocurrencies, such as bitcoin, are notoriously energy-intensive. But the blockchain technology they rely on could give a boost to environmental markets, experts believe. Graham Cooper reports.
Green Investment Group and GE make €800m Swedish onshore wind investment
GE and the Green Investment Group (GIG) have partnered to build a 650MW wind farm in Sweden, the largest onshore wind development in Europe.
GIB's offshore wind fund passes £1bn in AUM with final investment
The Green Investment Bank's (GIB) offshore wind fund made its final investment, acquiring a 44% stake in Lincs offshore wind farm for £429 million ($524.4 million), to take its assets under management (AUM) to £1.12 billion.
Companies take $14bn hit from water problems in 2016, CDP finds
The value of water-related financial impacts borne by companies soared to $14 billion last year, up from $2.6 billion the previous year.
Centrica to exit wind sector and focus on distributed energy and efficiency
UK utility Centrica is to exit the wind sector in favour of distributed energy and energy efficiency.
Abengoa and EIG form $9.5bn joint venture
Spanish energy company Abengoa has formed a joint venture with EIG Global Energy Partners to develop a $9.5 billion pipeline of projects.
Profile: Neil Eckert - Aggregated Micro Power
Former Climate Exchange CEO Neil Eckert believes small-scale biomass has an important and potentially lucrative role to play in the energy transition. Peter Cripps reports on his latest venture