News

• Sustainable Development Capital named preferred bidder for energy efficiency fund

  02 December 2013

  Sustainable Development Capital LLP (SDCL) has been selected by the Irish government as the 'preferred applicant' to create a €70 million ($95 million) Irish Energy Efficiency Fund.

• Irish renewables firm secures €92m in new funding

  02 December 2013

  Irish renewable energy company Gaelectric has agreed additional financing of €92 million ($125 million) to fund further growth of its activities in wind power and energy storage.

• Beijing and Shanghai launch pilot carbon markets

  29 November 2013

  Beijing and Shanghai have launched pilot emissions trading systems (ETSs) this week, marking the latest effort by China to develop the world's largest carbon market.

• Offshore wind grid group issues £305m bond with EIB credit enhancement

  28 November 2013

  A company that operates a power connection between an offshore wind farm and the grid has become the first renewables-related bond to receive credit enhancement through a European Investment Bank (EIB) programme.

• Impax hikes divi 20% as funds outperform

  28 November 2013

  Impax Asset Management is to hike its dividend payments by 20% after its resource efficiency-themed investments outperformed the wider markets.

• Financial close reached for £760m UK waste-to-energy plant

  28 November 2013

  A UK resource management company and its investment partners have signed a £760 million ($1.2 billion) contract with a waste authority for a waste-to-energy project.

• CDM rescue fund seeks proposals

  27 November 2013

  Developers of projects that qualify for carbon credits under the Clean Development Mechanism, but are not economically viable at present, are being invited to sell credits to a newly formed fund until 8 January.

• CF Partners hires COO

  26 November 2013

  CF Partners, an advisory, investment and trading firm active in carbon and energy, has appointed a chief operating officer (COO).

• Analysts warn of Keystone risk to investors

  26 November 2013

  TransCanada's $5.3 billion Keystone XL pipeline, which has been proposed to carry oil from Canada's oil sands to the US Gulf Coast, is a risky proposition for investors, new research suggests.

• RWE drops plans for '£4bn' UK offshore wind farm

  26 November 2013

  RWE has cancelled plans for of an offshore wind farm in the UK, blaming technical challenges and market conditions for making it uneconomic to go ahead.