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News Round Up: ExxonMobil, Legal & General, and more

Glennmont's third clean energy fund closes with €850m

UK fund manager Glennmont Partners has raised €850 million ($957 million) at the final close of its third clean energy infrastructure fund, which it claims is the largest amount raised for a European green energy fund.

Infrastructure investment to soar in 2019, says Foresight

Infrastructure investments, including renewables, are likely to become increasingly attractive in 2019, as investors look to fend off increased market volatility, according to a survey of UK-based financial advisors.

Biomass firm buys 72MW of Green Investment Bank facilities

A 72MW portfolio of biomass and waste-to-energy facilities has been acquired from the Green Investment Bank (GIB) by renewables investment firm Bioenergy Infrastructure Group (BIG) for an undisclosed sum.

Foresight makes first subsidy-free Portuguese solar farm purchase

Foresight Group has bought the 7.2MW Vale Matenças solar farm, its first investment in a utility scale solar project in Portugal without a government subsidy.

The impact of youth

Impact investing remains a niche pursuit but could millennials prove a game changer, asks Joe Walsh

Foresight shrugs off Brexit

UK based renewables asset manager Foresight Group has shrugged off the potential impact of Brexit, claiming the infrastructure space is resilient.

Green bonds round-up

Foresight Group has reached the first financial close of its unlabelled green bond fund, raising some €80 million ($83 million).

UK railway pension fund invests in rooftop solar

RPMI Railpen, the pension scheme for the UK's railway industry, is to provide £20.3 million ($25.5 million) of inflation-linked debt capital to refinance a portfolio of rooftop solar installations owned by Foresight Group.

TerraForm Power settles with Appaloosa as it gears up for sale

US yieldco TerraForm Power (TERP) has settled a long standing legal battle with hedge fund Appaloosa Management.