News

Norges Bank endorses EU public reporting reforms

The investment manager of the world’s largest sovereign wealth fund has welcomed proposals to increasingly consider environmental, social and governance (ESG) factors in the European public reporting framework.

Foresight buys anaerobic digestion plant on behalf of pension fund

Asset manager Foresight has completed the acquisition a 2.5MW operational anaerobic digestion (AD) plant in the UK, on behalf of a pension fund.

EU carbon market update, 23 July

KfW calculates impact of recent green bond issues

German development bank KfW estimates that the €612 million ($715 million) of green paper it issued in the first six months of this year will save about €72 million/year in terms of fuel costs and other environmental and social impacts.

Banque de France and I4CE form climate finance partnership

The Banque de France and the Institute for Climate Economics (I4CE) are forming a partnership to exchange expertise and increase the financial sector's awareness of climate risks and opportunities.

AllianzGI invests in IDB bond for Uruguayan solar plants

Allianz Global Investors (AllianzGI) has invested, on behalf of unnamed clients, in a private placement refinancing of two solar photovoltaic plants in Uruguay owned by clean power generator Atlas Renewable Energy.

Impax Launches Pax Global Opportunities Fund

Impax Asset Management has launched its first fund since its acquisition of Pax World Management at the beginning of this year.

Ambachtsheer leaves Mercer to join BNP

Jane Ambachtsheer has left her role at consultancy giant Mercer to join BNP Paribas Asset Management (BNPP AM).

Green Investment Group closes €270m Swedish wind project

Macquarie's Green Investment Group (GIG) has reached a €270 million ($310 million) financial close on an onshore wind project backed by one of the longest corporate wind power purchase agreements (PPAs) in existence.

EU action plan could stifle low-carbon benchmarks, warns FTSE Russell

European Commission proposals to introduce minimum standards for low-carbon and ‘positive carbon impact’ benchmarks could stifle innovation, a leading index provider has said.