News

• German energy firm ups its stake in Juwi, with €70m equity injection

  11 August 2015

  German renewable energy firm Juwi has sold €70 million ($77 million) of new shares to its majority owner, pushing its stake above 60%.

• Pattern bags $205m to finance move into solar construction

  10 August 2015

  US renewables company Pattern Development has secured $205 million to finance the construction of its first ever solar project.

• Rayonier eases interest burden of joint venture with Phaunos

  10 August 2015

  Rayonier, a major US timberland investor, has agreed to inject about $160 million from an existing term loan facility to pay off the debts of the Matariki Forestry Group, its New Zealand joint venture with the Phaunos Timber Fund.

• City pension fund invests in GIB-backed renewables company

  10 August 2015

  Greater Manchester Pension Fund has committed £10 million ($15 million) to a community renewable energy firm supported by the UK's Green Investment Bank (GIB).

• SolarCity prices fourth ABS

  10 August 2015

  SolarCity has priced its fourth round of asset-backed notes, which it will sell this week.

• SunEdison share price plummets 25% on Q2 loss

  07 August 2015

  SunEdison's stocks plummeted 25% on Thursday after larger-than-expected losses were revealed in its quarterly earnings report and investors fretted that it would not be able to meet its ambitious growth targets.

• World's biggest muni green bond raises bigger-than-expected $944 million

  07 August 2015

  The largest municipal green bond priced today – and beat its original target by raising $944 million.

• RobecoSAM to decarbonise, but rejects outright fossil fuel divestment

  07 August 2015

  Sustainable investment specialist RobecoSAM has intensified its efforts to address its carbon risk, but prefers "a more nuanced approach" than outright fossil fuel divestment.

• Investors scale back UK offshore wind farm plans

  07 August 2015

  A consortium of private investors have scaled back significantly their plans to develop a major UK offshore wind farm.

• Arise sells 33MW wind farm to Allianz Capital Partners

  07 August 2015

  Allianz Capital Partners (ACP) has bolstered its wind portfolio with the acquisition of a 33MW "ready to construct" project from Swedish developer Arise.