News

• World Bank sells $12m green bond to Merrill Lynch clients

  21 August 2014

  The World Bank has sold a $12 million green bond exclusively to clients of Merrill Lynch Wealth Management.

• SEB remains top green bond underwriter in Q2, but HSBC and Natixis make gains

  20 August 2014

  SEB retained its place as the leading green bond underwriter in the second quarter of 2014, while HSBC and Natixis surged up the rankings helped by some blockbuster issues.

• Foresight Solar eyes further share sales

  20 August 2014

  Foresight Solar Fund, the UK's largest listed solar energy fund, said it expects to raise further equity capital after assets funded by its existing £100 million ($166 million) debt facility become operational.

• Greencoat takes majority stake in four more wind farms

  20 August 2014

  Greencoat UK Wind has bought a majority stake in four UK wind farms from subsidiaries of the New York-listed power company AES, for a total consideration of £90.6 million ($150 million).

• Stranded assets debate won't lead to large-scale divestment, says analyst

  19 August 2014

  The stranded assets debate is not causing many investors to divest because the implementation of a global emissions cap by governments is viewed as "very unlikely", according to a responsible investment analyst at NASDAQ OMX.

• SWIP's Mackenzie moves on from sustainability role

  19 August 2014

  Craig Mackenzie - Scottish Widows Investment Partnership's highly regarded head of sustainability research – has left his post to take on a new role, Environmental Finance has learned.

• Australia's flagship PV project loses A$110m funding support

  19 August 2014

  Conditional funding of A$75 million ($70 million) for a pioneering concentrated photovoltaic (PV) power plant has been withdrawn by the Australian Renewable Energy Agency (Arena).

• UK tidal firm targets £50 million fundraise for project

  19 August 2014

  A technology company that develops marine turbines in the UK is planning a £50 million ($83.4 million) fundraise next year, to pay for its first full-scale project.

• Starwood secures financing for 165MW Texas wind farm

  19 August 2014

  Starwood Energy Group, a private US investment firm specialising in energy infrastructure, has reached agreements with a group of banks to finance its second wind farm, a 165MW project in Texas.

• Biomass project backed by John Laing and GIB issues £48m bond

  18 August 2014

  John Laing has backed its first combined heat and power (CHP) biomass plant, teaming up with the UK's Green Investment Bank (GIB) to invest £26 million ($43.5 million) in a project which is also issuing a £48 million bond.