Renewables

There is "legitimate fear" that only larger EU countries will benefit from the Net Zero Industry Act (NZIA), and that it could prompt a green trade war with the US, renewable energy developer NTR has told Environmental Finance.

A consortium of Brookfield Renewable Partners, GIC, Temasek and MidOcean Energy, have agreed to acquire Australia's largest integrated power generator, Origin Energy, for AUD18.7 billion ($12.4 billion).

Investors have been unconvinced by the EU's response to US support for industry that will drive the transition to a low-carbon economy, an analyst at BNP Paribas has said.

The process of securing Africa's biggest renewable energy deal was smoothed by the company being acquired having an outstanding ESG rating, it was claimed.

Asset managers grappling with the energy transition have been urged to prioritise engaging on companies' capital expenditure (capex) plans.

A responsAbility-managed climate fund has committed $10 million to asset manager Jaguar New Energies (JNE), to help it expand a portfolio of South African solar energy projects.

After making its first expansion into the US, Foresight Group has told Environmental Finance it is looking to "catch the wave" the market is experiencing on sustainable infrastructure.