Archive

  • December's weather in US and UK likely to cost insurers $4bn

    11 January 2016

    Last month's extensive flooding across the north of England and southern Scotland is expected to result in insurance payouts amounting to £1.34 billion ($1.9 billion), said the Association of British Insurers.

  • IHS Research cuts 2016 US solar forecast due to ITC extension

    11 January 2016

    IHS Research has cut its 2016 forecast for US solar and predicted a "surge" in 2017 construction, following the decision by the US Congress to extend investment tax credits (ITC) in the country.

  • SunEd in major debt deal in bid to strengthen position

    08 January 2016

    SunEdison's share price is in turmoil again, after it agreed another complex – and expensive – deal in a bid to pay down 'restrictive debt'.

  • EF BRIEFS: Coillte, SSE, Clean Power Finance, Kilowatt Financial

    08 January 2016

    Coillte and SSE have secured what they claim is the largest-ever financing package of a single wind asset in Ireland

  • HASI agrees $161m term loan for residential solar assets

    08 January 2016

    Hannon Armstrong Sustainable Infrastructure Capital (HASI) has agreed $161.6 million of debt from Deutsche Bank, secured by the cash-flows generated by rooftop solar assets.

  • Abengoa Yield seeks new sponsor as it changes its name to Atlantica Yield

    08 January 2016

    Abengoa Yield has launched a search for a new sponsor and changed its name to Atlantica Yield as it seeks more "autonomy" from its troubled parent Abengoa.

  • GCL subsidiary in $302m rights issue

    08 January 2016

    GCL New Energy is seeking to raise HK$2.3 billion ($302 million) in a rights issue.

  • Owning fossil fuel stocks makes 'little sense' due to stranded asset risk

    08 January 2016

    Owning fossil fuel stocks makes little sense at the moment due to stranded asset risk and the growth of renewables, according to a responsible investor pioneer.

  • NYSE allows Yingli to stay after share price hike

    07 January 2016

    Chinese solar panel maker Yingli Green Energy has dodged exclusion from the New York Stock Exchange (NYSE) after executing a reverse stock split to increase the price of its shares.

  • ITC extension won't replicate 2016 build rate in 2017

    07 January 2016

    The extension of investment tax credits (ITC) is expected to boost solar construction in the US by 25GW over the next five years, but won't stop build rates crashing next year, according to a respected analyst.