News

• JLEN confirms £45m goal for latest share offering

  20 May 2015

  John Laing Environmental Assets Group (JLEN) has confirmed that it aims to raise £45 million ($70 million) from the share offering it announced last month.

• Failure at Paris climate talks 'would not halt Impax's progress'

  20 May 2015

  The argument for environmentally-themed investing will remain compelling even if politicians fail to reach a strong climate change agreement in Paris in December, according to Impax Asset Management.

• TerraForm Global raises $175m ahead of IPO

  20 May 2015

  TerraForm Global, the second 'yieldco' to be launched by US renewables giant SunEdison, has raised $175 million in equity financing ahead of its planned initial public offering (IPO).

• Swedish firm's green bond to begin trading on Nasdaq Stockholm

  20 May 2015

  Swedish property firm Wallenstam said the prospectus for its green bond, designed to finance its subsidiary Svensk NaturEnergi, has been approved by the Swedish Financial Supervisory Authority.

• Investors launch platform to showcase their climate change initiatives

  20 May 2015

  A group of institutional investors, managing some $25 trillion, have launched an online platform to highlight the actions they are taking to curb climate change.

• World Bank launches two more retail green bonds

  20 May 2015

  The World Bank has sold nearly $30 million of green bonds to US investors, and has launched an Italian offering.

• Shell, Statoil commit to improving disclosure of climate change risks

  20 May 2015

  Shareholders of Shell and Statoil have overwhelmingly passed resolutions committing the companies to improve disclosure of their climate change strategies and to aim for an 'A' rating in the CDP Leadership Performance Index.

• Abengoa's Sanchez Ortega quits, prompting reshuffle

  19 May 2015

  Manuel Sanchez Ortega has resigned as CEO of Abengoa and as chair of its yieldco Abengoa Yield (ABY) for "strictly personal reasons", prompting a rapid management shake-up at both companies.

• Statkraft launches venture capital arm

  19 May 2015

  Statkraft, the largest renewable energy company in Europe, has launched a venture capital subsidiary to support clean energy entrepreneurs.

• Climate change still not on investor radar despite rise of ESG, says Mercer

  19 May 2015

  Climate change is still not taken seriously in investment strategies, despite a big jump in the number of pension funds considering environmental, social and governance (ESG) issues, says Mercer.