News

• Amundi launches three index-linked low-carbon funds

  12 May 2015

  Amundi has created three funds to track a low-carbon index from MSCI.

• Sustainability accounting project approaches key milestone

  12 May 2015

  Non-financial accounting standards for all major industrial sectors should be available within 12 months, said the California-based Sustainability Accounting Standards Board (SASB).

• Paris climate summit to strengthen green bond market, says HSBC

  12 May 2015

  The rapidly growing green bond market could receive a further boost from a strong climate change agreement in December, a report by HSBC's climate change centre has claimed.

• NRG Yield and parent commit $250m to new solar projects

  12 May 2015

  US power company NRG Energy and its 55%-owned yieldco NRG Yield plan to create a $100 million partnership to invest in distributed solar photovoltaic installations for commercial and industrial clients.

• SunEdison announces $750m convertible note offering

  12 May 2015

  SunEdison will offer $750 million of convertible notes to fund acquisitions.

• Credit Agricole develops green bond framework with second opinion

  11 May 2015

  Credit Agricole CIB has created a green bond framework for its own privately placed issues, which has gained approval from Sustainalytics.

• PRI to open New York office

  11 May 2015

  The Principles for Responsible Investment (PRI) plans to open an office in New York as it looks to expand its influence in North America.

• Indian pharma tycoon gets nod to buy major stake in Suzlon

  11 May 2015

  Regulators have given the green light for India's second richest man to buy a major stake in wind energy firm Suzlon.

• San Francisco issues green bond for renewables upgrades

  11 May 2015

  San Francisco has issued a $32 million green bond that will help it to renovate some of its renewable power generation facilities.

• Enel Green Power reveals €9bn expansion plan

  11 May 2015

  Enel Green Power (EGP), one of the world's largest renewable power companies, plans to allocate €8.8 billion ($9.8 billion) to expand its portfolio of renewable energy assets over the next five years, raising capacity from 9.8GW to almost 17GW.