News

• TenneT issues €1bn green bond for offshore wind

  29 May 2015

  TenneT has issued a €1 billion ($1.1 billion) green bond, in a deal that was twice oversubscribed.

• Norwegian government backs oil fund coal divestment

  28 May 2015

  Norway's NOK7 trillion ($894 billion) oil fund is to divest more of its coal holdings after the country's politicians gave an earlier-than-expected backing to plans to reduce its exposure to the commodity.

• World Bank uses options to encourage methane reduction projects

  28 May 2015

  A series of 'put options' are to be sold by the World Bank to incentivise private sector companies to reduce methane emissions in developing countries.

• Santander and pension funds launch $2bn renewables and water fund

  28 May 2015

  Santander and two Canadian pension funds have launched a $2 billion renewables and water fund, which they plan to make "one of the largest and best-in-class" in the world.

• Glennmont buys French wind farm

  28 May 2015

  Renewables investor Glennmont Partners has bought a wind farm in France, expanding its onshore wind portfolio to 210MW.

• Goldman Sachs sets $1bn target for securitised Japanese renewables bonds

  27 May 2015

  Goldman Sachs has established a "first of its kind" facility that aims to issue $1 billion of securitised Japanese renewable energy bonds.

• ANZ launches biggest ever green bond from Australian issuer

  27 May 2015

  ANZ has launched the largest green bond to come from an Australian issuer to date.

• Macquarie backs UK solar portfolio in £106m deal

  27 May 2015

  Macquarie has given another vote of confidence to the UK solar market, agreeing a £106 million ($163 million) refinancing deal.

• SunEdison to acquire majority stakes in three South African renewables projects

  26 May 2015

  Energy firm SunEdison is set to buy 60% of the controlling interest in three power plants owned by BioTherm Energy, a South African power producer of wind and solar energy.

• EU carbon price expectation turns positive for first time in four years

  26 May 2015

  Carbon market insiders expect the average price of EU emission allowances (EUAs) to rise in coming years - representing the first time since 2011 that the annual survey has revealed bullish sentiment.