Japan's largest banks hit by shareholder climate action
Japan's six largest banks and energy companies have been hit by shareholder calls to disclose decarbonisation plans, over concerns that fossil fuel expansion will result in stranded assets.
Activists file climate resolutions at Japanese companies
Pension funds buy stake in UK water utility from KKR
US-based investment firm KKR has agreed to sell its 75% stake in UK water utility South Staffordshire for an undisclosed amount to Arjun Infrastructure Partners (AIP).
Jordan awards tenders for 200MW of renewables projects
Jordan has awarded contracts to 12 solar projects and two wind farms, totalling 200MW, in its first renewable energy tender.
First Solar sells stake in Jordan's largest solar PV project
First Solar has sold its stake in the Middle East's largest solar photovoltaic (PV) project.
Energy and carbon market veterans join renewables advisory firm
Two more former bankers and carbon market specialists have joined Megawatt-X, a London-based start-up aiming to facilitate secondary market transactions in renewable energy assets.
Renewables M&A deals up a third in 2013, further activity expected in 2014
The value of mergers and acquisitions in renewable energy rose nearly a third in 2013, driven by utilities looking to offload the assets to raise capital, a consultancy firm has found.