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Iberdrola green hybrid tightens price by 43bps
20 November 2017Iberdrola's latest green bond tightened by 43 basis points amid "remarkable demand" from investors.
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SUSI energy storage fund signs "milestone" C$120m facility
20 November 2017SUSI Energy Storage Fund (SESF) has signed a financing facility of C$120 million ($93.9 million) with energy storage company NRStor C&I, marking a "major milestone" for the Canadian energy market.
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Trillion-dollar wealth fund to consider dropping oil and gas investment
20 November 2017Norway's $1 trillion sovereign wealth fund is to consider divesting its holdings in oil and gas because of the risk fossil fuels pose to its portfolio.
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Axa calls for TCFD to be made mandatory
20 November 2017Financial disclosures on climate risk should become mandatory – as they are in France, according to an executive from insurance giant Axa.
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L&G invests £300m in world's largest offshore wind farm
20 November 2017UK financial services group Legal & General (L&G) has agreed to provide £300 million ($395 million) of long-term acquisition debt to help Danish pension funds PKA and PFA buy 50% of UK offshore wind farm Walney Extension from Ørsted (formerly known as Dong Energy).
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'Incredible week' as green bond market breaks $100bn barrier
17 November 2017The green and social bond market saw a frenzy of activity this week, after a spate of issues that should propel the green bond market through the $100 billion barrier for the first time.
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Knight to lead HSBC's new sustainable finance centre
17 November 2017Zoe Knight has taken a new role at HSBC as group head of the recently launched Centre of Sustainable Finance.
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HSBC prices $1bn SDG bond
17 November 2017HSBC this week priced an innovative $1 billion bond aligned with the UN's Sustainable Development Goals (SDGs), in a deal that was three times oversubscribed.
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InsuResilience set to deploy $550m
16 November 2017An international initiative that aims to provide insurance to 400 million poor and vulnerable people by 2020 has announced additional funding and signed up new partners.
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Insurers urged to build relations with governments
15 November 2017Insurers should work harder to persuade governments to engage with their long-term fiscal responsibilities, which include climate change, according to Stephen Catlin.