News

• NIB returns to green bond market with 'benchmark' issue

  02 June 2016

  The Nordic Investment Bank (NIB) is to return to the green bond market with a €500 million ($561 million) issue in the next few days, Jens Hellerup, head of funding at the Helsinki-based bank, told Environmental Finance.

• Second Swedish issuer launches forestry green bond

  01 June 2016

  Södra, Sweden's largest forest-owner association, has launched Sweden's second forestry green bond.

• Green bond market needs more flexible reporting, says BNP analyst

  01 June 2016

  Reporting on green bonds is often weighted too heavily to their environmental impact and should be more flexible, according to Felipe Gordillo, senior socially responsible investment analyst at BNP Paribas Investment Partners.

• EF BRIEFS: Gothenburg, IEA, MTA, SunEdison

  01 June 2016

  The City of Gothenburg is gearing up to tap the green bond market for the fourth time.

• US municipalities launch $800m of green bonds for water projects

  01 June 2016

  Three US municipalities have announced issues of green bonds totalling almost $800 million to finance projects to deliver clean drinking water or treat wastewater.

• Moody's issues two more green bond assessments

  01 June 2016

  Less than a week after Moody's launched its inaugural Green Bond Assessment (GBA), the ratings agency has issued two more.

• EU carbon market weekly update - 1 June 2016

  01 June 2016

  Carbon prices rose 12c (2%) closing on Friday at €6.08. The week was punctuated by a major global carbon conference taking place in Cologne from Wednesday to Friday and a European holiday on Thursday leading to some days of muted trade volumes.

• London's 'super sewer' seeks up to £400m from bond sale

  31 May 2016

  Bazalgette Tunnel, the company managing construction and financing of a 25km new sewer under the river Thames in London, aims to raise between £200 million and £400 million ($293 million - $586 million) from a sale of bonds.

• US biofuels group plans to raise up to $152m from convertible notes

  31 May 2016

  US biofuels company Renewable Energy Group (REG) aims to raise $132 million from the sale of convertible notes to institutional investors via a private placement. An option to purchase a further $20 million of the notes will also be offered to the same investors.

• People Moves

  27 May 2016

  The latest people moves from NRG Energy, Mainstream Renewable Power and Azure Power