News

• Impax rides out equity market turmoil

  09 October 2015

  Impax Asset Management said its listed equity funds all outperformed the MSCI All Country World Index in the year to 30 September, despite unusual market volatility in the final quarter.

• EDF raises $1.25bn in second green bond

  08 October 2015

  French energy utility EDF has issued its second green bond, this time for $1.25 billion.

• Climate finance for emerging markets jumps 19% to $62bn in 2014

  08 October 2015

  Finance from industrialised nations to support climate change projects in developing countries rose 19% to $62 billion in 2014 from $52 billion the previous year, according to the Organisation for Economic Cooperation and Development (OECD).

• Middle East investor commits to 1GW Indian solar venture

  08 October 2015

  Dubai-based private equity firm Abraaj Group and the Indian engineering conglomerate Aditya Birla Group have partnered to form a gigawatt capacity solar joint venture, to bid for projects in Indian national and state auctions.

• Agricultural Bank of China launches green bond

  08 October 2015

  Agricultural Bank of China (ABC) is set to become Asia's latest green bond issuer, with its inaugural issue currently roadshowing and expected to price in the coming days, sources close to the deal told Environmental Finance.

• Dow Jones launches sustainability indexes for Chile and South Africa

  08 October 2015

  S&P Dow Jones Indices (S&P DJI) has continued its push into emerging markets with new sustainability indexes in Chile and South Africa.

• World Bank issues carbon-linked bonds to methane reduction projects

  08 October 2015

  The World Bank has issued its first carbon-linked bonds under its innovative Pilot Auction Facility (PAF) for projects that reduce methane emissions.

• EDF launches second green bond

  07 October 2015

  French utility EDF has launched a benchmark dollar denominated green bond that is expected to price today, according to a source close to the deal.

• LGIM urges companies to focus on opportunities in low-carbon economy

  07 October 2015

  Legal & General Investment Management (LGIM), one of Europe's largest asset managers, is urging companies in which it invests to focus on the opportunities, not just the risks, arising from the transition to a low-carbon economy.

• SunEdison plans more third party asset sales, as yieldcos falter

  07 October 2015

  US renewables giant SunEdison said it will sell more of its operational assets to third parties, or drop them down into its warehouse facilities, rather than sell them to its yieldco subsidiaries, due to changes in market conditions.