Archive

EU carbon market weekly update - 28 November 2016

Shareholders criticise BlackRock's environmental voting [Updated]

BlackRock has been criticised by shareholders for failing to back climate change resolutions despite publicly calling for investors to take action on the issue.

Trinity College joins growing list of universities to divest

Trinity College Dublin (TCD) has become latest university foundation to divest from fossil fuels.

People moves - PRI, PiP, TerraForm Power

US-listed yieldco TerraForm Power (TERP) has appointed three new independent director members to its board.

Infra fund loans $61m to Texan wind project

A fund backed primarily by Scandinavian institutions has made a $61 million loan to an onshore wind project in Texas, after agreeing a partnership deal with its developer.

BNP Paribas issues €500m green bond

French investment bank BNP Paribas has joined the growing number of financial institutions that have issued green bonds, raising €500 million in its inaugural offering.

Iberdrola issues €750m green bond

Spanish utility Iberdrola has issued a €750 million ($795.1 million) green bond, making it the biggest corporate issuer in the market this year, and the third largest overall.

EU workplace pensions required to consider ESG in 'landmark' vote

EU workplace pensions will be required to consider environmental, social and governance (ESG) issues in their practices in "a landmark moment for responsible investment in Europe."

Yieldco JLEN to raise £150m

UK yieldco John Laing Environmental Assets Group (JLEN) plans to raise more than £150 million ($190 million) by selling new shares.

Increased demand in California and Quebec carbon auction

California and Quebec's latest carbon auction sold more than double the number of allowances as its previous auction but still not enough to lift prices above the 'floor price'.