News

• Sunrun raises $150m in equity

  16 May 2014

  Rooftop solar leasing firm Sunrun has secured $150 million in its latest round of equity fundraising.

• EIB's latest 'tap' of Climate Awareness Bond takes total to €2.6bn

  15 May 2014

  The European Investment Bank (EIB) has issued another €350 million ($480 million) 'tap' of its euro-denominated Climate Awareness Bond (CAB) maturing in November 2019, taking the total outstanding to €2.6 billion.

• 'World's largest' offshore wind project finance deal agreed

  15 May 2014

  A €2.8 billion ($3.8 billion) project financing agreement has been secured for an offshore wind farm, in a deal that claims to be the largest of its kind.

• Impax reports 16% rise in AUM and bullish outlook

  15 May 2014

  Impax Asset Management said its assets under management (AUM) rose 16% to £2.5 billion ($4.2 billion) in the six months to 31 March, with net inflows representing more than half the increase.

• Alliance Trust creates 'UK's first SRI risk profiled funds'

  14 May 2014

  Alliance Trust has started creating the first range of risk-profiled funds within the social and responsible investment space (SRI), it claims.

• US retail trust taps green bond market for first time

  14 May 2014

  Regency Centers is thought to be the first US real estate investment trust (REIT) to issue a publicly traded green bond, raising money to fund 'green' shopping centres.

• UK plans to cut large-scale solar subsidies

  13 May 2014

  The UK government looks set to reduce support for solar photovoltaic farms with generating capacity of 5MW or higher from next year, in a move that has been described by the Solar Trade Association (STA) as a "crippling blow" to the progress of the sector.

• GIB commits £7.5m to £15m London biogas plant

  13 May 2014

  The UK's Green Investment Bank (GIB) is investing £7.5 million ($12.6 million) in an anaerobic digestion plant just outside London.

• Market for 'smart city' technologies to double by 2020, says Navigant

  13 May 2014

  Investment in technologies associated with 'smart cities' is likely to more than double from less than $10 billion/year today to more than $20 billion/year by 2020, according to consultancy Navigant Research.

• GDF Suez issues record breaking €2.5bn green bond

  13 May 2014

  GDF Suez has issued a record breaking €2.5 billion ($3.4 billion) green bond in a transaction that was three-times oversubscribed despite being upsized to meet greater than expected demand.