Energy storage yieldco plans to raise £200m
The first yieldco focused exclusively on energy storage plans to raise £200 million ($260 million) by floating on the London market.
The first yieldco focused exclusively on energy storage plans to raise £200 million ($260 million) by floating on the London market.
German asset manager Union Investment has helped develop a free-to-use stranded assets tool for commercial real estate.
Some of the leading experts in sustainable finance are to speak at Environmental Finance's Green Equities conference, in conjunction with the City of London's Green Finance Initiative this month.
Swedish buffer fund Första AP-fonden (AP1) is to plug into data from 'sustainability quant' firm Arabesque, and the companies will work together to devise a "first of its kind" human rights risk score.
Getlink said its inaugural green bond had been "comfortably oversubscribed", helping it raise €550 million ($635 million) rather than the €500 million originally envisaged.
Issuer and investor interest in green asset-backed securities (ABS) has grown significantly in the US in the past 12 months, according to ING Americas.
Impax Asset Management's Asia fund has shrugged off its recent underperformance of its benchmark, arguing that it is well positioned to benefit from China's increasing focus on domestic infrastructure investment as the trade war with the US ramps up.
Pimco, one of the world’s leading fixed income investors, has taken another big step in its commitment to investments based on environmental, social and governance (ESG) principles.
The Climate Bonds Initiative (CBI) estimates that the total of 'climate-aligned' bonds outstanding is now about $1.45 trillion, of which $389 billion is in the form of labelled green bonds. The remainder consists of $747 billion of bonds from 'fully aligned' issuers and $314 billion from 'strongly aligned' issuers.
This week's outlook is bearish for the second week running, as auction volumes are high. However, trading has been very technical recently and speculative demand could push prices higher, says Louis Redshaw.