News

• Armstrong Energy Global in possible £50m IPO

  25 June 2015

  Armstrong Energy Global (AEG), a British solar company which develops, owns and operates Indian solar plants, plans to raise £50 million ($79.2 million) through a possible IPO later this year.

• Pattern Energy adds 526MW of Japanese and New Mexican projects to ROFO list

  24 June 2015

  Pattern Energy has announced that it is adding 526MW of capacity to its 'right of first offer' (ROFO) assets, including 128MW in Japan and 398MW in New Mexico.

• TRIG invests £246m in wind projects, plans share placing

  24 June 2015

  The Renewables Infrastructure Group (TRIG), one of six UK-listed yieldcos, is paying £246 million ($386 million) for a 49% equity interest in a portfolio of six operating onshore wind farms owned by Fred Olsen Wind Ltd (FOWL).

• ESG index launched for emerging markets

  24 June 2015

  A new index has been launched covering emerging market stocks with high environmental, social and governance (ESG) ratings.

• Renewables to attract $8trn by 2040, says BNEF

  24 June 2015

  Renewables will represent almost 60% of new capacity and two-thirds of the investment in global power generation over the next 25 years, according to Bloomberg New Energy Finance (BNEF).

• Gothenburg's third green bond 'heavily oversubscribed'

  24 June 2015

  The City of Gothenburg has this week issued its third green bond.

• SoftBank, Bharti and Foxconn plan $20bn Indian renewable JV

  24 June 2015

  Japanese telecoms firm SoftBank, Indian conglomerate Bharti and Taiwan-based electronics manufacturer Foxxconn are planning to invest $20 billion in Indian renewable energy through a new joint venture.

• Rating agencies underestimate climate risks, warn lawyers

  24 June 2015

  Credit rating agencies are creating significant risks for investors, and could be exposing themselves to legal liability, by failing to acknowledge the climate risks facing fossil fuel investments, a US law group has warned.

• Calvert set to expand responsible indexes

  24 June 2015

  Calvert Investments has launched three new funds alongside a new suite of indexes, all aimed at the responsible investment space.

• Strong growth in green bond market expected in H2

  23 June 2015

  Investors and underwriters are confident the green bond market will show healthy growth this year, thanks to increased issuance from corporates, municipalities and emerging economies, and a maturing market infrastructure.