Archive

  • World's top insurers stalling on climate change drive

    25 May 2018

    While insurers are increasingly aware of environmental risks which might impact both sides of their balance sheet, new research has found that their investment strategies are not in line with the Paris Agreement. The research was published the same week Royal Dutch Shell held its AGM and shareholders, including some large insurers, were asked to vote on a climate resolution. Did they stand up to the test? Paul Walsh and Vincent Huck report

  • M&G launches private debt impact fund

    16 April 2018

    UK asset manager M&G Investments has launched a fund focusing on private and illiquid debt that will deliver a positive social or environmental impact.

  • Thames Tideway 'super sewer' issues £450m green bonds

    24 November 2017

    £450 million ($599 million) worth of green issues from London 'super sewer' developer Tideway has helped it overtake Unilever as the largest corporate issuer of sterling-denominated green bonds.

  • Ethical bond fund reaches £1bn

    22 November 2017

    Rathbones' Ethical Bond Fund claims to have become the first 'sustainable' fixed income fund to reach £1 billion ($1.3 billion) in assets under management.

  • Bond 2016: Lightsource's Kingpin

    23 March 2016

    It's been a bumpy couple of years for UK solar, with the government phasing out existing subsidy regimes for more 'competitive' models, making further cuts to Feed-in Tariffs (FiTs) and implementing tighter restrictions on Renewable Obligation Certificates (ROCs).

  • Bank consortium provides £730m debt for UK 'smart meter' roll-out

    03 December 2015

    The European Investment Bank (EIB) and six commercial banks are providing some £730 million ($1.1 billion) in debt finance towards a £1 billion programme to install more than 7 million 'smart meters' in the UK.

  • Neoen issues €40m subordinated green bond

    11 November 2015

    French renewable energy developer Neoen has issued a €40 million ($42.78 million) subordinated green bond.

  • Lightsource issues UK's biggest renewables bond, in £284m deal

    06 November 2015

    Lightsource Renewable Energy has completed what it claims is the world's largest sterling-denominated bond for renewables.

  • Infracapital takes 70% stake in UK bioenergy group

    06 October 2015

    Infracapital, the infrastructure investment arm of M&G Investments, has committed £160 million ($243 million) to take a 70% stake in the Bioenergy Infrastructure Group (BIG), which has been created to invest in the construction of biomass and energy-from-waste (EfW) plants in the UK.

  • Infracapital closes new infrastructure fund at £1bn

    28 October 2014

    Infracapital, an investment arm of M&G Investments, has closed its latest fund – Infracapital Partners II – having raised £1 billion ($1.6 billion).