News

• Balance of power in renewables shifting to developing countries, says consultant

  27 January 2015

  A major shift in the distribution of renewable power capacity from the EU and North America to developing countries is likely over the next decade, according to consultants Frost & Sullivan.

• UK government urged to promote natural capital accounting

  27 January 2015

  The UK's Natural Capital Committee (NCC) has urged the government to identify priority investments and promote the use of a new accounting framework to help meet its commitment to improve the nation's natural environment.

• GIB appoints its first CFO

  26 January 2015

  The UK Green Investment Bank (GIB) has appointed its first chief financial officer, and said it has now moved "beyond the start-up phase".

• Oxford Capital raising £100m for UK solar fund

  26 January 2015

  Private equity house Oxford Capital Partners is aiming to raise £100 million ($150 million) in its first UK renewables-focused fund aimed at institutional investors.

• Glennmont pays £160m for Wales biomass project

  26 January 2015

  UK-based clean energy investor Glennmont Partners has paid £160 million ($240 million) for a 40MW biomass power project in Wales.

• DIF Infrastructure begins acquisition of four Canadian Solar projects

  26 January 2015

  European investment fund DIF Infrastructure III has bought the 10MW Glenarm solar project in Ontario from Canadian Solar, for an undisclosed sum. It has also agreed to purchase a further three 11.5 MW Canadian projects – Illumination, Beamlight and Goldlight – from the same developer.

• EIB claims 'significant evolution' in green bond market after €250m 'tap'

  26 January 2015

  The European Investment Bank (EIB) has tapped one of its Climate Awareness Bonds (CABs) for a further €250 million ($281 million) – in a move it says offers greater liquidity to the market.

• World Bank issues first green bond in Indian rupees

  23 January 2015

  The World Bank has issued its first green bond in Indian rupees.

• SunEdison nears final stage of $1.3bn fundraising, ups convertible note issue

  23 January 2015

  SunEdison will issue a further $50 million of convertible notes, in the final part of its $1.3 billion fundraising drive to finance the acquisition of First Wind.

• EDF reaches financial close on 200MW Texas wind farm

  23 January 2015

  EDF Renewable Energy has reached financial close on a 200MW wind farm in Texas.