Archive

  • UNEP FI chief warns on PRI free-riders

    01 November 2007

    A UN scheme to encourage responsible investment must begin planning on how to deal with 'free-riders' that fail to live up to their commitments, according to the head of the UN Environment Programme Finance Initiative (UNEP FI), Paul Clements-Hunt.

  • People moves this month

    01 November 2007

    DIANE WITTENBERG is leaving the California Climate Action Registry (CCAR) to head the Climate Registry, an organisation formed this year to develop and manage a common greenhouse gas emissions reporting system for North America.

  • Greenko to list on AIM

    01 November 2007

    Indian clean energy firm Greenko Group is planning to list on the London Stock Exchange's Alternative Investment Market (AIM).

  • E.on acquires Airtricity North America

    01 November 2007

    E.ON is to buy renewable energy firm Airtricity's North American business for $1.4 billion, subject to closing adjustments.

  • REEX closes first deal

    01 November 2007

    The Renewable Energy Exchange (REEX), a Singapore-based boutique investment bank, has closed its first financing, raising $25 million for PowerSource Energy Services. The hybrid debt–equity deal involves an unidentified investor taking a 45% stake in the Philippines-based clean energy firm.

  • Greentech Energy Systems raises Dkr1,140m

    01 November 2007

    Danish wind energy company Greentech Energy Systems has raised Dkr1,140 million ($221 million) in a share offer on the Stockholm-based OMX. The money will be used to develop its pipeline of wind energy projects.

  • PGGM issues emerging markets ESG mandate

    01 November 2007

    Giant Dutch pension fund PGGM has issued an emerging markets equities mandate with a core focus on environmental, social and governance (ESG) issues.

  • UK switches to per-flight aviation tax

    01 November 2007

    The UK government has announced that it will scrap the air passenger duty paid by every traveller, in favour of a per-aircraft flight tax.

  • What could go wrong?

    01 November 2007

    The nascent clean energy sector is booming. But is investor enthusiasm overdone? Morgan Stanley's David Edwards looks at the lessons to be learnt from the biotech and internet bubbles

  • Banks warm to the climate issue

    01 November 2007

    Climate change may present the banking sector with new risks of its own to manage, but it also offers a whole new suite of products to help others manage theirs. Natalia Gorina looks at how banks are tapping into a new market