News

• UK investor 3i takes 50% stake in offshore transmission venture

  24 August 2015

  3i Infrastructure, a London-listed investment firm, has paid £23 million ($36 million) for a 50% stake in the offshore transmission owner (OFTO) of the UK's West of Duddon Sands wind farm. The remaining equity in the project will be acquired by Macquarie Capital.

• EIB smashes €10bn green bond mark with new CAB

  21 August 2015

  The European Investment Bank (EIB) has added to its range of Climate Awareness Bonds (CABs), in a deal that was upsized to €600 million ($677 million) amid strong demand.

• PNE Wind completes cornerstone yieldco asset

  21 August 2015

  PNE Wind's yieldco took a step closer towards lift off after the German wind farm developer completed the construction of its 57.6MW Chransdorf wind farm.

• Private equity firm gets $59m backing for Peruvian hydro

  20 August 2015

  A Peruvian hydropower company has secured a $59 million loan from a series of investors to construct two projects in the country.

• New York State green bond raises $368m and attracts new investors

  20 August 2015

  New York State has raised a further $367.6 million as part of a green bond issue focused on water projects.

• Consortium lands 'unprecedented' debt package for Australian wind

  20 August 2015

  John Laing and other investors have landed 'an unprecedented' financing package to build an Australian wind farm.

• EIB eyes investment in new BlackRock renewables fund

  20 August 2015

  The European Investment Bank (EIB) is considering investing in a new BlackRock renewable energy fund.

• CPI calls for action on investor climate exposure

  20 August 2015

  Investors, regulators and standard-setters have been urged to drive forward environmental, social and governance (ESG) disclosure initiatives to help define "climate exposure", in a report by the Climate Policy Initiative (CPI).

• IFC to consider more Masala-style green bonds

  19 August 2015

  The IFC has said it will consider investing in more green bonds, following the model of its recent 'Masala' bond with Indian lender Yes Bank.

• Action on carbon emissions would be cheaper than inaction by 2040, says Citi

  19 August 2015

  Building a low-carbon energy sector over the next 25 years would cost less than taking no action to curb greenhouse gas (GHG) emissions, according to analysts at Citi.