News

• Advanced biofuels maker gets $100m from Khosla, Gates

  22 October 2013

  Khosla Ventures and Gates Ventures have, in two separate transactions, committed to invest a total of $100 million to help a US manufacturer of non-food biofuels to expand its production capacity.

• 'Climate finance' investments fall in 2012 as 2°C target drifts further away

  22 October 2013

  The amount of climate finance invested fell last year to $359 billion, a study has revealed, with private investments showing a marked slowdown.

• Green infrastructure needs $1trn/year from institutional investors, says OECD

  21 October 2013

  Governments and policymakers are looking to pension funds, insurance companies and other institutional investors to provide up to $1 trillion a year for green infrastructure, says the Organisation for Economic Co-operation and Development (OECD).

• Terra Firma to float '£1.5bn' Infinis

  21 October 2013

  Private equity giant Terra Firma's Infinis Energy is set to become the latest renewables firm to tap the public markets after it announced plans for a float that could value the company at £1.5 billion ($2.4 billion).

• California adopts first US energy storage target 'to boost renewables'

  18 October 2013

  California's utilities will be required to buy energy storage capacity totalling 1.325GW by 2020 under a "first of its kind" target set by state regulators.

• Declining solar costs trigger 40% surge in US commercial solar installations

  18 October 2013

  Falling solar module costs, innovative financing models and volatile electricity prices drove US businesses to install solar panels on their properties at an unprecedented rate this year, a survey has found.

• EUAs jump as Merkel boosts hopes for market fix

  17 October 2013

  European carbon prices have jumped after German Chancellor Angela Merkel said she backed a proposal to 'backload' emissions allowances, boosting hopes that the plan to support prices will come into force.

• Abengoa could raise €500m as it lists on Nasdaq

  17 October 2013

  Clean energy firm Abengoa could raise more than €500 million ($676.2 million) from investors as it prepares to list on the Nasdaq stock exchange.

• Spanish waste management firm plans €150m 'junk bond'

  17 October 2013

  A waste management company in Spain plans to issue €150 million ($204 million) of junk-rated notes.

• Axa sets record with euro-denominated cat bond

  16 October 2013

  French insurance group Axa has issued the largest euro-denominated catastrophe bond to date.