News

• Bank consortium provides £730m debt for UK 'smart meter' roll-out

  03 December 2015

  The European Investment Bank (EIB) and six commercial banks are providing some £730 million ($1.1 billion) in debt finance towards a £1 billion programme to install more than 7 million 'smart meters' in the UK.

• Banking climate principles to be launched next week

  03 December 2015

  A new set of climate changes principles for the banking industry are set to be launched on Monday, Environmental Finance has learned.

• EF BRIEFS: SunEdison, Generation IM, EDC, Kingfisher, RWE, Drax

  02 December 2015

  India is planning to launch a $1 billion private equity fund to invest in its domestic renewable energy sector, according to the country's energy minister, Piyush Goyal.

• Over 500 organisations commit to divest ahead of COP21

  02 December 2015

  More than 500 institutions, with $3.4 trillion of assets under management, have committed to some sort of divestment, according to figures compiled by 350.org and Divest Invest.

• Development banks issue updated guide to help green bond issuers with impact reporting

  02 December 2015

  A group of development banks has published updated impact reporting guidelines for green bond issuers, saying that the market is the "litmus test" for wider climate finance.

• Abengoa Yield in search for new investors after Abengoa files for protection

  02 December 2015

  Abengoa Yield's newly reappointed CEO Santiago Seage is in New York holding talks with potential buyers of the 47% stake in the yieldco held by its embattled parent company Abengoa SA.

• Eurosif hires new executive director

  01 December 2015

  Eurosif has hired Flavia Micilotta as its new executive director following a three month search to replace its outgoing chief, François Passant.

• Ecotricity raises £18.5m from latest 'ecobond'

  01 December 2015

  UK green energy company Ecotricity has raised £18.5 million ($27.9 million) from its third 'ecobond'.

• Allcot launches fund that allows carbon credit buy-in

  01 December 2015

  Carbon trader Allcot has launched an innovative fund that will allow companies and individuals to invest using cash or carbon credits.

• Environmental pioneer Maurice Strong dies

  01 December 2015

  Maurice Strong, whose pioneering work at the UN in the 1970s paved the way for this week's landmark climate change summit in Paris, has died at the age of 86.