News

• First global geothermal fund eyes $250m fundraise

  22 December 2017

  The first global geothermal fund is due to start raising capital in the first quarter of 2018, Environmental Finance has learned.

• Giant Australian wind projects get dual financing boost

  22 December 2017

  A pair of onshore wind farms in Australia with a combined 959MW of planned capacity have agreed financing deals with a host of major banks and telecommunications companies.

• L&G co-leads funding of UK smart grid start-up

  22 December 2017

  Legal & General Capital, the principal investment arm of Legal & General Group, has co-led the Series A investment in UK smart grid start-up Upside Energy.

• Greencoat Renewables to buy 36MW Irish wind farm

  21 December 2017

  Renewable energy investment firm Greencoat Renewables is to purchase a 36MW Irish onshore wind farm from Impax Asset Management.

• Neoen issues €245m junior green bond with AMP as the sole investor

  20 December 2017

  France's Neoen has issued its second green bond, to finance 1.6GW of renewable energy projects in Australia and France.

• Corporates unprepared to meet TCFD's target for 2018 disclosures, survey finds

  20 December 2017

  Fewer than one in five corporates plan to disclose in line with Task Force on Climate-related Financial Disclosures (TCFD) recommendations next year, according to a survey by South Pole Group, despite the FSB's target for disclosure from 2018.

• China launches world's largest emissions trading scheme

  19 December 2017

  China has announced the long-awaited launch of its national emissions trading scheme (ETS), which will immediately become the largest of its type in the world, according to analysts.

• BHP Billiton mulls breaking ties with World Coal Association

  19 December 2017

  BHP Billiton said it would withdraw from the World Coal Association (WCA) over differences regarding climate policies.

• EU carbon market weekly update - 18 December 2017

  18 December 2017

  If the EU Allowance price remains above €7, despite bearish headwinds, then it is likely to re-test €8 as the lower auction volumes of December approach, says Louis Redshaw.

• Brookfield buys €135m of debt issued by Oaktree against Eolia stake

  18 December 2017

  Brookfield has bought €135 million ($159 million) of debt placed by Oaktree Capital Management against a majority stake in Spain's Eolia Renovables de Inversiones.