News

  • Sovereign wealth funds worth $3trn devise climate framework

    06 July 2018

    Six of the biggest sovereign wealth funds, with a combined $3 trillion in assets, have come together to launch a framework on how to integrate climate change into their investment decisions.

  • Impax assets rise by 7% in third quarter

    06 July 2018

    Impax has grown its assets under management (AUM) to £11.8 billion ($15.6 billion), an increase of 7% compared with the previous quarter.

  • AccorHotels signs €1.2bn sustainability-linked loan

    06 July 2018

    A consortium of 15 banks has signed a deal with AccorHotels to link the interest rate on a €1.2 billion ($1.4 billion) loan to the hospitality company’s sustainability performance.

  • Morgan Stanley launches sustainability-focused fund

    05 July 2018

    Morgan Stanley Investment Management (MSIM) has launched a global, low-carbon equity fund.

  • Innergex buys large-scale solar project in US

    05 July 2018

    Innergex Renewable Energy has acquired a 250MW photovoltaic solar project in Texas, with a Wells Fargo subsidiary expected to come in as a tax equity investor when commercial operations begin.

  • Green Climate Fund director quits following ‘challenging’ meeting

    05 July 2018

    Howard Bamsey has resigned as executive director of the Green Climate Fund (GCF), it has been announced.

  • Pennon Group inks second green loan

    05 July 2018

    UK waste and water treatment firm Pennon Group has signed two green loans with NAB.

  • Green bonds round-up, 4 July

    04 July 2018

    Spanish utility Iberdrola has returned to the market with its tenth green bond. The €750 million deal pays a coupon of 1.25% and matures in October 2026.

  • Voting begins in annual poll of voluntary carbon market

    04 July 2018

    Nominations for Environmental Finance's 9th Annual Voluntary Carbon Markets Rankings have now opened.

  • Climate Action 100+ expands its reach and attracts new backers

    04 July 2018

    An additional 61 companies have been added to Climate Action 100+ list, increasing the reach of the investor-backed initiative that aims to engage with "systemically important greenhouse gas emitters".