-
Drax burns more biomass, but abandons dedicated plant
21 February 2012Drax, the UK's largest coal-fired power generator, has cancelled plans for a dedicated biomass power station because of uncertainty in proposed subsidies and its inland location.
-
UK's clean-tech venture fund commits £60m to six funds
20 February 2012A clean-technology venture capital fund backed by the UK government has committed almost half its reserves to six funds, and is in negotiations for a seventh fund investment and a direct investment in a UK company.
-
Investors welcome UK renewables reforms, but eschew solar
14 February 2012Managers of funds investing in UK renewable energy projects have welcomed some of the proposed changes to feed-in tariffs (FiT) announced last week, but say they are unlikely to invest in new solar projects.
-
Proportion of top-rated ESG strategies to rise, says Mercer
14 February 2012Around 9% of investment strategies assessed by Mercer are "highly rated" in environmental, social and governance (ESG) terms, a number the investment consultant expects to rise.
-
Low Carbon Accelerator goes into reverse
13 February 2012Low Carbon Accelerator (LCA), a London-listed company specialising in low-carbon venture capital investment, is to begin liquidating its portfolio after a disappointing performance.
-
Actis offers 'impact assessment' tool to private equity industry
09 February 2012Private equity firm Actis has introduced a tool to assess the environmental and social impacts of its investments in the energy sector, with a view to better identifying how its investments are adding value.
-
Aviva move bad news for SRI, good news for ESG integration – Waygood
07 February 2012Aviva Investors' proposed move out of its sustainable and responsible investment (SRI) funds is "not good news for SRI at Aviva Investors, but there is good news for ESG integration", according to the London-based firm's new chief responsible investment officer.
-
Ecofin acquires Australian asset management firm
07 February 2012London-based investment management firm Ecofin has launched an Australian subsidiary on the back of a local acquisition.
-
Global Environment Fund beats target for Africa forestry fund
03 February 2012Global Environment Fund (GEF) has raised $160 million into its Africa Sustainable Forestry Fund, exceeding its target of $150 million.
-
ESG focus to shift to company supply chains – MSCI
03 February 2012Companies in less carbon-intensive industry sectors are set to face growing scrutiny from consumers and policy-makers on the environmental impacts of their supply chains, according to index and investment research provider MSCI.