News

• State of Vermont plans $30m green bond

  28 September 2015

  The State of Vermont is planning to issue a $29.6 million green bond to help fund projects including an energy-efficient office block.

• Impax refinances non-recourse debt for Polish wind

  28 September 2015

  Impax Asset Management claims it has completed the first non-recourse debt refinancing for wind energy in Poland after a period of regulatory instability in the country.

• Abengoa considers complete sale of yieldco

  28 September 2015

  Heavily indebted energy company Abengoa is considering the possible sale of its 49% stake in its yieldco Abengoa Yield.

• MSCI to report carbon footprint of 160,000 indexes

  28 September 2015

  MSCI will report the carbon footprint of more than 160,000 of its indexes in response to growing investor demand for transparency around carbon risk.

• Foresight Solar Fund bullish despite negative UK government legislation

  28 September 2015

  Foresight Solar Fund said the swathe of changes to renewables subsidies unleashed by the UK government in recent months will not hurt its prospects - at least in the medium-term.

• Asian Development Bank to double climate funding to $6bn

  25 September 2015

  The Asian Development Bank (ADB) will double its annual climate financing to $6 billion in the next five years, and issue more green bonds, it has said.

• AGF mutual fund becomes first in Canada to disclose environmental footprint

  25 September 2015

  Asset manager AGF Investments claims it will become the first firm in Canada to disclose the environmental footprint of a mutual fund.

• China to roll out carbon-trading system in 2017

  25 September 2015

  China is expected to announce today that it will push back the launch of its long-awaited national emissions trading system (ETS) to 2017.

• ReneSola agrees $20m share buy-back in bid to rescue plummeting stock

  25 September 2015

  Chinese solar firm ReneSola has agreed to buy back $20 million of stock over the next year, as its share price slips below $1.

• Drax halts further investment in £1bn carbon capture project after subsidy cuts

  25 September 2015

  Drax Group, which owns the UK's largest power station is halting further spending on its £1 billion ($1.53 billion) carbon capture storage (CCS) project, blaming the country's "drastically different" investment landscape for renewable energy.