News

• PRI to consider grading signatories according to performance

  10 June 2015

  The Principles for Responsible Investment (PRI) is to consider introducing different levels of membership to reflect signatories' progress in integrating sustainability factors, Environmental Finance has learned.

• BlackRock buys UK solar farm from SPI

  10 June 2015

  BlackRock's UK renewables fund has brought the newly built, 9.3MW, Grange Farm solar power project from Chinese renewables firm Solar Power Inc (SPI) for an undisclosed sum.

• Coal companies to be sold by Norway's oil fund revealed

  10 June 2015

  A list of coal companies expected to be ditched by Norway's oil fund as a result of its new divestment policy has been published.

• UK's EAPF launches £280m low-carbon fund

  09 June 2015

  The pension fund of the UK's Environment Agency (EAPF) has launched a new low-carbon fund benchmarked on the MSCI Low Carbon Target Index

• Lloyds Bank offers second £250m ESG bond

  09 June 2015

  Lloyds Banking Group has issued its second £250 million ($380 million) environmental, social and governance (ESG) bond to aid small and medium-sized businesses in the UK.

• Aquila launches European renewable energy fund

  09 June 2015

  German asset manager Aquila has launched a renewable energy fund that will invest in European wind and solar assets.

• Nasdaq launches list for sustainable bonds

  09 June 2015

  Nasdaq Stockholm has launched a list of sustainable bonds, valued at SEK5.4 billion ($650 million).

• TerraForm Power extends green bond series with $150m of notes

  09 June 2015

  TerraForm Power has priced a $150 million private placement of notes to fuel its expansion plans.

• BNP Paribas rolls out three new SRI funds

  09 June 2015

  BNP Paribas has added three Socially Responsible Investment (SRI) funds to its Parvest range, two of which are to be managed by asset manager Impax.

• 'Historic' G7 agreement adds further momentum ahead of Paris

  08 June 2015

  Leaders of the G7 nations today reinforced their commitment to combat climate change in a "historic" announcement that some believe "signals the end of the fossil fuel age".