EU carbon update, 03 September 2018
September is often a bearish month for the carbon market but this is no ordinary year, so a 'neutral' outlook is justified for this week, says Louis Redshaw.
Renewables investors failing to assess risk adequately, says Amundi
Investors in renewables assets often fail to assess risk adequately in a race to beat competition to projects, according to a senior Amundi executive.
PGGM acquires half of a 332 MW renewables portfolio
Dutch asset manager PGGM will buy a 50% interest of a US wind and a solar project by EDF Renewables North America.
Amundi/EDF fund secures €500m in equity finance
Amundi Energy Transition (AET), a 60:40 joint venture between French asset manager Amundi and utility EDF, has raised more than €500 million ($582 million) in equity capital to finance energy efficiency projects across France.
Dalmore Capital and pension fund invest £700m in wind farms
The Pensions Infrastructure Platform, in partnership with Dalmore Capital, has paid £701 million ($925) to EDF Renewables for a 49% stake in a portfolio of 24 UK wind farms.
Actiam New Member of the ICMA Executive Committee
The International Capital Markets Association (ICMA) announced Foppe-Jan van der Meij of Actiam as its new member of the Executive Committee of the Green Bond Principles (GBP) at the annual meeting on 14 June 2018.
LGIM announces exclusions from its £5bn Future World Funds
Legal & General Investment Management (LGIM) has named the companies it regards as leaders and laggards on climate change issues, as part of its attempt to remove climate-related risk from its £5 billion ($6.7 billion) Future World funds.
Finance for Tomorrow elects new board
Finance for Tomorrow – an initiative to promote Paris as a centre of sustainable finance – has elected a new board to serve for two years as it begins the second phase of its development.
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.
EU carbon market weekly update - 19 February 2018
Following a strong performance last week, EU Allowance prices are likely to remain supported this week by winter weather and compliance buying, says Louis Redshaw.