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Green bonds round-up, 2 May
02 May 2018DTE Electric, an electricity utility based in Detroit, Michigan, has entered the green bond market with a $525 million, 30-year issue. It pays a coupon of 4.05% and was priced at 97 basis points over US Treasuries, giving a yield to maturity of 4.076%. The issue has been rated Aa3, A and A+ by Moody's, S&P Global and Fitch, respectively.
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Morgan Stanley commits $250bn to low-carbon solutions
25 April 2018Morgan Stanley has committed to help provide $250 billion in low-carbon solutions by 2030, including sustainable bonds, renewable energy and clean-tech financing.
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Green bond round-up, 26 April 2017
26 April 2017Kaiser Foundation Hospitals, a subsidiary of California-based health provider Kaiser Permanente, is gearing up to issue its inaugural green bond.
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Green bonds round up, 22 March 2017
22 March 2017French rail operator SNCF Reseau is gearing up to issue its second green bond.
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Major investors call on banks to re-route Dakota pipeline
20 February 2017A group of major investors has called on banks involved in the Dakota Access Pipeline (DAPL) to re-route it so that it does not cross Native American treaty land.
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Deutsche to stop financing for new coal projects
01 February 2017Deutsche Bank has committed to not provide financing for new coal-fired power plants and new 'greenfield' thermal coal mines.
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Green bonds round-up
04 January 2017Chinese property company Modern Land has issued a $150 million tap of its inaugural green bond.
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Green bond round up
15 December 2016German development bank KfW has confirmed its intention to continue as a major issuer and investor in the green bond market next year.
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Shareholders criticise BlackRock's environmental voting [Updated]
28 November 2016BlackRock has been criticised by shareholders for failing to back climate change resolutions despite publicly calling for investors to take action on the issue.
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Hannon Armstrong raises $77m from latest share sale
10 November 2016Hannon Armstrong Sustainable Infrastructure Capital (HASI) has raised approximately $76.9 million, after expenses, from its latest public equity offering.