News

• GIB invests £240m in offshore wind farm

  27 November 2014

  The UK's Green Investment Bank has paid £240 million ($378 million) for a 20% stake in the Sheringham Shoal offshore wind farm.

• Impax to hike divi 56% after record inflows

  27 November 2014

  Impax Asset Management is to increase its annual dividend by 56% after extreme weather and the stranded assets debate helped drive record inflows.

• OPIC issues 'green guarantees' for South America's largest solar project

  26 November 2014

  The Overseas Private Investor Corporation (OPIC) has issued another set of 'green guarantees' to help raise $26.5 million towards financing the largest solar power project in South America.

• PensionDanmark in DKK1.6bn UK biomass deal

  26 November 2014

  A joint venture involving PensionDanmark has invested DKK1.6 billion ($267.6 million) in its second biomass-fuelled power plant in the UK.

• Connecticut issues green bond for water

  25 November 2014

  Connecticut has issued a $60 million green bond, joining the growing list of US municipals to tap the market.

• Cincinnati to become first public university to issue green bond

  25 November 2014

  The University of Cincinnati (UC) will issue a green bond next week, becoming the first public university in the US to tap the market.

• First non-GO muni green bond issued

  25 November 2014

  A small island off the east coast of the US has become the first municipality to issue a non-General Obligation (GO) green bond.

• Pension firm divests NOK500m from coal but challenges 'stranded assets' theory

  25 November 2014

  Norwegian pension giant KLP has dismissed the "stranded assets" debate, but still plans to divest from coal companies in favour of renewable energy.

• REC Solar bought by Chinese state for NOK4.3bn

  24 November 2014

  Chinese company China National Bluestar has acquired a Norwegian solar energy firm for NOK4.34 billion ($639 million), in a cash purchase.

• Voluntary carbon standards bodies VCS and CCB forge closer links

  24 November 2014

  Two of the leading standards bodies in the voluntary carbon market – the Verified Carbon Standard (VCS) and the Climate, Community & Biodiversity (CCB) standards – will, in future, be managed together.