Archive

Allspring launches climate transition fixed income fund

Green steel plant raises €1.5bn in largest private placement in Europe this year

Investors including Just Climate, Singapore's Temasek and Sweden's AP2 have contributed to a €1.5 billion equity round to build the world's first green steel plant.

Pentagreen commits $30m in first deal signing

Pentagreen Capital has penned its first deal, committing $30 million to Philippines-based renewable energy platform, Citicore Solar Energy Corporation.

Sustainability impact unlikely to be undone in renewables exits, says Actis

Despite exiting two high-profile renewables companies in Africa, Actis says it is not concerned about its sustainability progress being rowed back by its investor peers.

BlackRock targets NZD2bn New Zealand climate infrastructure fund

BlackRock is preparing to launch a NZD2 billion ($1.2 billion) New Zealand-focused climate infrastructure fund, which the US asset manager said is expected to be the "largest single-nation decarbonisation investment initiative" to date.

US IRA set to 'trigger' global sustainable investment

The huge US Inflation Reduction Act (IRA) should prove a "catalyst" for global sustainable investment, as other regions respond to the anti-competitive US government support with their own programmes, Standard Chartered has said.

Renewables may benefit from a 'climate put' unappreciated by investors, says UBS

Renewables developers could be set to benefit from a "climate put" option, thanks to strong policy support, UBS has suggested in a note.

Actis launches $500m Japanese renewables business

Actis has launched Nozomi Energy, a $500 million renewables business which will acquire solar and wind assets across Japan.

Standard Chartered sets absolute oil and gas emissions reductions target

Standard Chartered has set a target to reduce its 'absolute' financed emissions for the oil and gas sector by 29% by 2030.

Circular economy 'most exciting' climate investment area, says M&G

Despite a limited number of investable opportunities in the circular economy, it is still the most promising and "exciting" area for investment in climate solutions, M&G has told Environmental Finance.