News

• Capital Markets Union must safeguard against climate risk, says think tank

  27 October 2015

  The European Union's plan to build a single market for capital across all 28 member states – the Capital Markets Union (CMU) – should incorporate safeguards to reduce risks arising from climate change, according to UK think tank, E3G.

• Saint Michael's College issues $20m green bond

  27 October 2015

  Saint Michael's College in Vermont has become sixth US university to tap the green bond market this year, with its inaugural $20 million issue.

• UK's Trig in final push to complete £250m equity raise

  27 October 2015

  The Renewables Infrastructure Group (Trig) plans to issue the final tranche in its £250 million ($383 million) equity fundraising programme.

• Low-carbon indexes 'outperform', says report

  26 October 2015

  Indexes reweighted in alignment with a 2˚C scenario outperformed their mainstream equivalents, according to a report.

• Anti-ESG guidance in US is repealed

  26 October 2015

  Influential guidance that discouraged US fiduciaries from taking account of environmental, social and governance (ESG) investment factors has been repealed, in "a major breakthrough for responsible investment in the US".

• Barclays rumoured to be eyeing green bond issue

  26 October 2015

  Barclays is hoping to join the growing list of commercial banks to issue a green bond, according to market sources.

• Bluefield Solar Income Fund 'unaffected' by planned UK subsidy cuts

  26 October 2015

  Bluefield Solar Income Fund (BSIF) remains bullish about the UK solar market despite recently-proposed cuts to subsidies for small utility-scale renewable energy.

• S&P expects increase in rating revisions due to environmental factors

  26 October 2015

  Standard & Poor's (S&P) has made 56 rating actions in response to climate change and other environmental issues over the past two years, and expects more in future, the ratings agency revealed in a research note.

• Mexico Stock Exchange to launch green bond list

  26 October 2015

  Mexico's stock exchange plans to launch the first green bond segment outside Europe, as it seeks to lay the foundations for the development of a market in the country.

• Tenergie refinances solar plants for €150m

  23 October 2015

  Credit Agricole has led a syndicate of banks to help French renewable energy developer Tenergie refinance a 54.4MW portfolio of solar projects for €150 million ($165 million).