News

• Societe Generale, HSBC and Exane dominate 2016 SRI awards

  20 July 2016

  Societe Generale held on to its crown as best 'SRI and Sustainability' brokerage in this year's survey of the European investment community by WeConvene Extel and the UK Sustainable Investment and Finance Association (UKSIF).

• EF BRIEFS: SolarCity, CDP hires Stathers

  19 July 2016

  SolarCity, a leading provider of small-scale solar energy installations, has raised $345 million from four undisclosed tax equity investors to finance new projects.

• AP4 makes largest single allocation to low-carbon equities

  19 July 2016

  The fourth Swedish pension fund, AP4, has said that it will allocate 21.8% of its global equity portfolio to low carbon investments, in the largest commitment of its kind to date.

• KKR eyes more renewables investments

  19 July 2016

  Private equity specialist KKR is seeking "additional investment opportunities" in renewables, having committed some $1.6 billion to solar, wind and district heating since 2011, the company said in its 2015 ESG and Citizenship report.

• Allianz GI acquires second wind farm from Arise

  19 July 2016

  Allianz Global Investors (GI) has bought a 12.8MW operational wind farm from Swedish developer Arise for €19.1 million ($21.4 million).

• EU carbon market weekly update - 18 July 2016

  18 July 2016

  A closing price above €5.05 would reinforce the bullish signals seen in last week's 8.5% rise in EUA prices, says Louis Redshaw.

• BRICS Bank 'prices inaugural green bond'

  18 July 2016

  The New Development Bank (NDB), formerly called BRICS Bank, is understood to have priced a RMB3 billion ($450 million) green bond today.

• EF BRIEFS: New impacts consultancy, BSI on low-carbon infrastructure, AIR Worldwide

  18 July 2016

  A new consultancy service has been launched to help companies measure and mitigate their environmental and social impacts.

• NESF launches share issuance programme

  18 July 2016

  NextEnergy Solar Fund (NESF) has unveiled a plans to issue up to 54,885,000 of new shares – the equivalent of 19.7% of existing voting shares – in a "tap issue" programme.

• Canadian wildfires biggest loss for reinsurers

  18 July 2016

  Reinsurers XL Group, Aspen and Chubb have all pointed to wildfires in Canada, flooding in Europe, US weather and earthquakes in Japan and Ecuador to account for losses made in the second quarter of this year.