Archive

Lightrock leads $50m funding round for AI and satellite climate-resilience SaaS

News round-up: UNEP FI; National Grid; Santos

National Grid seeking shareholder approval for climate transition plan

National Grid signs $740m green loan from export agencies

National Grid has signed a green loan worth $743 million to help fund the construction of an electricity interconnector between Denmark and the UK, believed to be the first covered green loan to be signed with more than one export credit agency.

Business alliance calls for major changes to UK policy following pandemic

UK-based business alliance The Aldersgate Group has called for a wide range of green-based policy responses to guide the economic rebuild in the wake of the Covid-19 pandemic.

Powering up the energy storage market

Interest in the energy storage market is starting to take off, Ahren Lester explains, despite caution over changing business models continuing to hold back widespread investment.

Octopus Renewables secures £185m National Grid pension mandate

Octopus Renewables has secured a £185 million ($243 million) long-term mandate from the UK pension fund of National Grid to invest in solar and onshore wind assets.

Set climate targets, power sector told by investors with $11trn in assets

Twelve of Europe’s highest-emitting power companies have been instructed to set out Paris-aligned transition plans by a group of investors with $11.5 trillion in assets under management (AUM), as they warn of the ‘potentially catastrophic’ effects of climate change.

EU carbon update, 13 August 2018

It is difficult to see EU Allowances (EUAs) experiencing a substantial fall this week, amid reduced auction volumes, says Louis Redshaw.

Climate Action 100+ expands its reach and attracts new backers

An additional 61 companies have been added to Climate Action 100+ list, increasing the reach of the investor-backed initiative that aims to engage with "systemically important greenhouse gas emitters".