News

• UK renewables investor completes first transactions

  14 October 2013

  Belltown Alpha Renewables (BAR), a new company investing in small and medium-scale renewables projects in the UK, has announced its first two deals.

• AfDB's $500m green bond snapped up by SRI investors, pension funds

  11 October 2013

  The African Development Bank (AfDB) has issued a $500 million climate bond in an oversubscribed transaction which saw socially responsible investors buy most of the bond.

• UK GIB refinances Masdar's stake in largest offshore wind farm

  11 October 2013

  The UK Green Investment Bank (GIB) and four other lenders have invested £266 million ($425 million) to refinance Masdar's stake in the world's largest offshore wind farm.

• Impax AUM up 20% driven by market gains, US activity

  10 October 2013

  Strong market gains and a significant rise in US investment activity contributed to a 20% rise in assets under management for Impax in the past 12 months, despite the recent closure of its Asian strategy.

• French cleantech fund makes first US investment

  10 October 2013

  A young Paris-based venture capital firm specialising in clean energy and environmental technologies has bought an undisclosed stake in a Californian energy efficiency company.

• Small changes in legislation 'could boost green economy'

  10 October 2013

  Relatively minor changes in legislation, in just a few jurisdictions, could have a major impact on the green economy, claims Nick Silver, managing director of the Climate Bonds Initiative.

• Number of operational CCS projects up 50%, but total pipeline shrinks

  10 October 2013

  The number of operational carbon capture and storage (CCS) projects has risen by 50% in the past year, but the overall pipeline has taken a hit after 12 projects were cancelled or put on hold, according to a report.

• OECD chief backs warnings on 'stranded assets'

  09 October 2013

  If governments impose caps on carbon emissions, the risk of "unburnable" fossil fuel assets "could have a significant impact on the valuation of some companies", Angel Gurria, secretary general of the OECD said today.

• Chinese PV maker bids for stake in bankrupt Suntech unit

  09 October 2013

  A Chinese solar panel manufacturer has disclosed plans to inject cash into Suntech's insolvent manufacturing unit as it placed a bid for a stake in the debt-laden solar module giant.

• US, Chinese investors snap up convertible green bonds

  09 October 2013

  Goldpoly New Energy Holdings, a Chinese solar energy company, has successfully raised $50 million through the sale of convertible bonds to institutional investors.