News

• ET Solar plans IPO

  21 March 2014

  Solar-panel manufacturer, ET Solar Group, is planning an IPO with the hope of raising $250 million, according to reports.

• Pattern raises C$820 million debt for wind farm

  21 March 2014

  California-based energy company Pattern Energy is reported to have raised C$820 million ($728 million) of debt to finance a wind farm.

• CSP needs more help to attract private sector investment, report claims

  21 March 2014

  India's solar drive is set to deliver the world's largest Linear Fresnel concentrated solar power (CSP) project, but policymakers will have to work harder to attract the private investment the country needs to hit its targets, according to a report.

• Exxon Mobil to report on 'stranded assets' risk

  21 March 2014

  Energy giant Exxon Mobil has bowed to shareholder pressure to report on how it assesses the risk of its fossil fuel reserves becoming 'stranded assets' as a result of action to combat climate change.

• GRI CEO to step down

  21 March 2014

  The Global Reporting Initiative (GRI) has launched a search for a new CEO after Ernst Ligteringen said he plans to step down next year.

• BP enters debate on unburnable carbon

  20 March 2014

  BP has weighed into the debate on stranded assets, acknowledging the concept of a carbon budget, but effectively shrugging off warnings over stranded assets.

• Toyota increases size of asset-backed green bond, plans more

  20 March 2014

  Toyota's pioneering issue of 'green' asset-backed securities has been increased in size to $1.75 billion from a planned $1.25 billion, in response to strong investor demand, and further similar issues are likely, a senior executive said.

• Unilever issues £250m green bond

  20 March 2014

  Consumer goods giant Unilever has issued its first green bond, raising £250 million ($413 million) to help it invest in efficient factories.

• John Laing says it will hit £160m renewables IPO target

  20 March 2014

  UK investment company John Laing took a step closer to floating its renewables fund on the London Stock Exchange, after it said there was sufficient demand from investors for it to hit its target of raising £160 million ($262 million).

• GreenStream completes first China energy efficiency project

  19 March 2014

  Asset manager GreenStream has completed its first energy efficiency project in China, hailing the development a milestone for its ambitious expansion plans in the country.