Unibail-Rodamco's €750m green bond 'could be first of many'
Commercial real estate company Unibail-Rodamco hopes to repeatedly tap the green bond market after its inaugural €750 million issue was more than three-times oversubscribed.
EU ETS oversupply to disappear by 2025 if Commission plan is adopted – UBS
The European Commission proposed 2030 Climate and Energy package would remove the entire oversupply in the region's carbon market by 2025 if adopted, according to analysts.
UBS fund takes 50% stake in EDF's Texan wind farm
UBS International Infrastructure Fund is to buy a 50% equity stake in a 161MW Texas wind farm from EDF Renewable Energy for an undisclosed sum.
Subsidy confirmation fuels share hike for biomass-burning plant
One of Europe's largest coal-burning power plants could convert all of its units to burn biomass, in a move that would boost its operator's share price by more than 50%, after the UK government confirmed the level of subsidy support for the technology, analysts have claimed.
Investors warn palm oil companies and financiers on climate change risks
A $270 billion investor coalition has called for palm oil producers and their financiers to adopt policies to ensure they do not contribute to climate change.
BoA, UBS in, but HSBC out of sustainability index
Bank of America, UBS and United Parcel Service are the largest of 39 companies admitted to the Dow Jones Sustainability Indexes (DJSI), following an annual review of constituents carried out by sustainable investment specialist RobecoSAM.
Chinese wind giant issues $300m bond
One of China's largest wind power developers has issued a $300 million bond.
Spain deals '€1.35bn' blow to renewables firms
Spain's latest planned subsidy cuts will cost the renewables sector €1.35 billion ($1.8 billion), according to a research note.
10 steps to sustainable investment
Institutional investors must address sustainability risks, such as climate change, resource scarcity and water shortages, within their investment decisions, if they are to be successful in the future, an investor-backed lobby group claimed.
Cheuvreux retains sustainability title in Extel survey
Kepler Cheuvreux has been voted best pan-European brokerage firm for sustainability research in the annual Thomson Reuters Extel survey.