News

• Renewables investment to grow 75%, but fossil-fuel subsidies must be addressed, warns IEA

  13 November 2014

  $7.8 trillion of investment into renewable energy is needed over the next 26 years "in order to have a world that is similar to the one we have today", according to the latest figures from the International Energy Agency (IEA).

• Bloomberg to expand its green bond universe to include unlabelled issues

  13 November 2014

  Bloomberg is to expand the range of bonds that are searchable as 'green' on its terminals in a move that could help speed the growth of the market.

• Austria's Verbund roadshows green bond

  12 November 2014

  Austrian utility Verbund is roadshowing a €500 million ($624 million) green bond in Europe.

• Investors welcome tighter GHG targets from US and China

  12 November 2014

  Investors have welcomed new targets on greenhouse gas (GHG) emissions announced by China and the US in which China has, for the first time, committed to reduce its absolute level of emissions.

• Aligera taps green bond market again, more planned

  12 November 2014

  Swedish wind energy company Aligera has successfully placed the penultimate tranche of its SEK500 million ($68 million) green bond.

• KKR, CITIC plan S$1.9bn offer for Singapore's United Envirotech

  12 November 2014

  US private equity firm KKR and China's largest conglomerate, CITIC, have made a 'pre-conditional voluntary offer' for Singapore–listed United Envirotech (UEL), valuing the company at about S$1.9 billion ($1.5 billion).

• NRW say green bond success was 'because of size and second opinion'

  11 November 2014

  German development bank NRW.Bank has attributed the success of its €500 million ($638 million) green bond to the inclusion of a second opinion, and its large size.

• Australia's climate, renewables policy uncertainty hits investment

  11 November 2014

  Investment in renewable energy in Australia has fallen by 70% this year compared with 2013, according to the Climate Council research organisation.

• Sky Solar cuts IPO target by two-thirds

  11 November 2014

  Renewable energy developer, Sky Solar, has slashed its initial public offering (IPO) target by two-thirds, to $48 million.

• Deforestation attracts more concern from investors and corporates, says CDP

  10 November 2014

  This year has seen a 30% increase in the number of institutional investors requesting information about deforestation caused by the companies in which they invest, according to a new report.