News

• Gamesa secures $64.5m wind deal with Uruguay

  14 July 2014

  Gamesa will provide $64.5 million of wind turbines to Uruguay, financed by a loan from the Export-Import Bank of the US.

• UN PRI pushes to promote long-term investment

  14 July 2014

  The Principles for Responsible Investment (PRI) initiative has launched a consultation exercise to promote long-term thinking by investors.

• Energy duo says Thailand is 'next France' with $200m wind investment

  14 July 2014

  Two renewables firms have teamed up to develop wind projects in Thailand, saying the country's market compares to France at the start of its renewables boom.

• Neo Solar convertible bond raises $120m

  14 July 2014

  Neo Solar Power (NSP), Taiwan's leading maker of solar cells, has raised $120 million from a convertible bond, according to Asian press reports.

• Zurich doubles green bond commitment to $2bn

  14 July 2014

  Zurich Insurance Group has doubled – to $2 billion – its commitment to buy green bonds, in a move that will see it expand its mandate to include issues denominated in European currencies.

• Alterra eyes C$110m loan for hydro and wind projects

  11 July 2014

  Alterra Power of Canada said it expects to agree a loan of up to C$110 million ($103 million) in the next three months to support further equity investments in a hydroelectric project in Canada and a wind energy project in the US.

• JP Morgan and others put $400m into US wind farms

  11 July 2014

  JP Morgan and a consortium of unnamed investors are taking a $400 million equity stake in two US wind farms.

• Cat bond market set for a record year, after strong Q2, says Willis

  11 July 2014

  An unprecedented $4.5 billion of catastrophe bonds were issued in the second quarter of this year, putting the market on track for a record year, according to Willis Capital Markets & Advisory (WCMA).

• Impax buys property fund from Climate Change Capital

  11 July 2014

  Impax Asset Management has acquired the Climate Change Property Fund and its management team for an undisclosed price, with a view to setting up a new investment vehicle.

• Nordex sells 27.5MW of onshore wind capacity to investment firm

  11 July 2014

  German wind turbine maker Nordex has sold two French wind farms, with a combined capacity of 27.5MW, to GN Renewable Investments, based in Luxembourg. The price paid was not disclosed.