News

• UK's £246m plans to jolt battery industry into life

  24 July 2017

  The UK Government plans to jolt new life into its battery storage industry, with a £246 million ($320 million) investment to make it a world leader.

• EU carbon market weekly update - 24 July 2017

  24 July 2017

  Warm weather in Europe, combined with stronger power prices and clean-dark spreads, should help combat the impact of high EUA auction volumes this week, says Louis Redshaw.

• BlackRock takes 49% stake in 200MW Alterra wind project

  24 July 2017

  Toronto-listed Alterra Power has sold a 49% stake in its 200MW Flat Top wind farm to a fund managed by BlackRock Real Assets. The price paid was not disclosed.

• Europe's sustainable property funds have great potential, says Catella

  24 July 2017

  Real estate funds with a sustainability focus currently hold only €2.73 billion ($3.18 billion) of the €11 trillion allocated to sustainable investments in Europe, but have "considerable untapped potential", according to Swedish asset manager Catella.

• RobecoSAM urges investors to review electric utility sector

  24 July 2017

  Electric utilities "are no longer the safe, defensive investment instruments of yesteryear," RobecoSAM has warned investors.

• Foresight purchases second UK battery storage facility

  24 July 2017

  UK-based investment manager Foresight has acquired a 10MW battery storage project, adding to its expansion in the sector after the purchase last month of a 35MW facility in north-east England.

• Swiss Re dives into coral reef insurance in Mexico

  24 July 2017

  Covers commercially important resource on Caribbean coast

• Luxembourg reserve pension fund plans green bond fund

  21 July 2017

  Luxembourg pension reserve fund Fonds de Compensation (FDC) plans to launch a pair of sub-funds, for green bonds and 'positive impact' equities, respectively.

• Financial regulators already have powers to oversee climate risk, says ex-Bank of England director

  21 July 2017

  Financial regulators in Europe can oversee the way companies are dealing with climate risk without changing any laws, Paul Fisher, a former member of the Bank of England's Monetary Policy Committee said.

• Renewables investment firm Cubico appoints chief executive

  21 July 2017

  Cubico Sustainable Investments has appointed Stephen Riley as its chief executive. Riley had since January been a non-executive director at the company.