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JP Morgan to sell stake in Indian wind developer for $225m, say reports
19 August 2015JP Morgan Asset Management reportedly plans to sell its stake in Indian wind developer Leap Green Energy for up to $225 million.
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SunEdison ups convertibles offering to $650m
18 August 2015SunEdison has upped its convertibles offering to $650 million, and given the notes a 6.75% coupon.
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Environmental non-profit buys US coal mines
18 August 2015ERP Compliant Fuels (ERP), an environmentally-focused non-profit, has agreed to buy various assets, including two coal mines, from Patriot Coal, as part of the latter's bankruptcy proceedings.
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Legal & General pledges further investments in UK renewables
18 August 2015Insurance company Legal & General (L&G) plans to increase its UK investments in renewable energy, despite recently announced changes to national support mechanisms, said CEO Nigel Wilson.
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Norway's oil fund divests from Korea's Posco and Daewoo
18 August 2015Norway's sovereign wealth fund – the largest in the world – is to exclude leading Korean companies Posco and Daewoo International from its investment portfolio because of their involvement in palm oil plantations in Indonesia.
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NTR to spin-off pureplay European wind company
18 August 2015Irish conglomerate NTR has revealed in full its plan to spin off its European wind business into a separate company.
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SunEdison returns to market, eyeing up to $2.5bn
18 August 2015SunEdison has continued its fundraising spree, securing $1 billion from a consortium of banks, with a further $500 million of convertible notes planned.
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PNE Wind's CEO and entire supervisory board quits over dispute
17 August 2015The chief executive and the entire supervisory board of wind developer PNE Wind have pledged to resign following a row over the handling of an acquisition.
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Passant to leave Eurosif
17 August 2015Eurosif executive director François Passant is to leave the organisation, and a hunt for his successor is underway.
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Aquila Capital buys UK solar plant
17 August 2015Aquila Capital has bought its second solar plant in the UK, praising the country's renewable energy investment landscape.