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NY Green Bank asks for $165m initial capital to start investing early 2014
11 September 2013New York Governor Andrew Cuomo has asked for $165 million to be granted to the state's Green Bank, in a first move to capitalise the $1 billion bank he expects to open for business early next year.
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Canadian investor lends C$75m to provider of energy efficient heating and cooling
10 September 2013A Canadian financial services company has made a second senior loan to a provider of energy efficient heating and cooling products, boosting the total amount loaned to C$160 million (US$155 million).
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EBRD planning $250m green bond
10 September 2013The European Bank for Reconstruction and Development (EBRD) is planning to issue a $250 million 'environmental sustainability' bond.
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UK GIB eyes first offshore wind construction investment
09 September 2013The UK's pioneering Green Investment Bank is preparing to expand its remit with its first investment in offshore wind construction, it has revealed.
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Foresight plans £200m solar IPO
05 September 2013Alternative asset manager Foresight is set to become the latest in a string of firms to launch a renewables IPO after announcing plans to raise £200 million ($311.8 million) by floating a solar fund.
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Pension fund ramps up renewables investments
04 September 2013A pension fund has announced its infrastructure investments will triple in the next five years, mainly to finance renewable energy.
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GIIN issues measurement guide for impact investors
04 September 2013A guide to help investors measure the social and environmental impacts of their investments, as well as their financial performance, has been launched by the Global Impact Investing Network (GIIN).
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RenRe Energy Advisors sold for 'mid double-digit million dollars'
03 September 2013Munich Re is to pay a "mid double-digit million" dollar price to acquire RenRe Energy Advisors, a leading weather derivatives dealer, from Bermuda-based RenaissanceRe Holdings.
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UK pumped storage plant gets go-ahead
03 September 2013A proposed £100 million ($156 million) 50MW pumped storage power plant in north Wales has been granted planning permission.
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Social stock exchange eyes expansion beyond UK
02 September 2013The UK-based Social Stock Exchange (SSE) is planning to attract foreign companies as well as those listed in London, and aims to have 20 corporate members by the end of the year.