Archive

Norwegian mutual insurance company KLP, which manages the pension funds of municipal employees, has sold NOK3.2 billion ($365 million) of exposure to 46 companies profiting from coal-based operations.

Danish fund manager Copenhagen Infrastructure Partners (CIP) has raised €2.8 billion ($3.35 billion) in a sixth close of its third energy fund, with investment largely from European pension funds.

Anheuser-Busch (AB) InBev, the world's largest brewer, has signed up to the RE100 initiative, following extensive shareholder engagement.

Danish fund manager Copenhagen Infrastructure Partners (CIP) has launched a new energy infrastructure fund targeting renewables, with initial commitments of DKK8.8 billion ($1.3 billion).

A fund backed primarily by Scandinavian institutions has made a $61 million loan to an onshore wind project in Texas, after agreeing a partnership deal with its developer.

A fund backed by 19 institutions has invested in the construction of a £160 million ($210 million) biomass project in the UK.

Nearly half of the biggest asset owners in the world have failed to take action to safeguard their portfolios against the threat of climate change, according to a report.

Independent power producer Scatec Solar has secured project financing to start building a $125 million plant in Honduras, marking its first move into Latin America.

Norway's sovereign wealth fund is considering divesting from the most carbon-intensive petrol and coal firms.

Norwegian pension giant KLP has dismissed the "stranded assets" debate, but still plans to divest from coal companies in favour of renewable energy.