News

• EIB extends green bond yield curve and boosts reporting

  29 September 2016

  The European Investment Bank (EIB) has continued its pioneering role in the green bond market by extending its euro yield curve to 21 years and publishing an 'independent reasonable assurance report' on its Climate Awareness Bond (CAB) programme.

• TerraForm Power settles with Appaloosa as it gears up for sale

  29 September 2016

  US yieldco TerraForm Power (TERP) has settled a long standing legal battle with hedge fund Appaloosa Management.

• Finland's first green bond is oversubscribed

  28 September 2016

  The first green bond from a Finnish issuer was substantially oversubscribed and attracted many new investors, the issuer said.

• EF BRIEFS: Energy efficient projects dominate RGGI investments; TRIG,

  28 September 2016

  Most of the $1.37 billion of proceeds from the quarterly auctions of emission allowances in the Regional Greenhouse Gas Initiative (RGGI) market have been invested in energy efficiency projects, according to the body that administers the market.

• Yes Bank repeats innovative green bond deal

  28 September 2016

  India's Yes Bank has agreed a second transaction in which it will issue a rupee-denominated green bond which will be bought using the proceeds of sustainability bonds issued by a development bank.

• Luxembourg launches first '100% green' exchange

  28 September 2016

  The Luxembourg Stock Exchange has relaunched its green bond listing service, with what it claims is the strictest eligibility criteria of its peers.

• Aviva agrees long-term finance facility for UK yieldco

  27 September 2016

  Aviva Investors has agreed to provide long-term financing for Bluefield Solar Income Fund (BSIF), a London-listed investment company focussing on large-scale industrial and agricultural solar assets.

• Green bond fund reveals greenhouse gas savings

  26 September 2016

  A major green bond fund estimates that every €1 million invested in the fund avoids, or prevents, emissions equivalent to 1,400 tonnes of carbon dioxide.

• Macquarie in €90m Japanese solar deal

  26 September 2016

  Macquarie Capital has teamed up with an infrastructure specialist to ink a €90 million ($100 million) deal to acquire a solar project pipeline in Japan.

• EU carbon market weekly update - 26 September 2016

  26 September 2016

  Further price rises are likely this week as utilities continue buying EUAs ahead of the winter season, says Louis Redshaw