Oil and gas company Equinor has acquired power and gas trader Danske Commodities (DC), as it looks to shift its business model toward cleaner fuels.
Six of the biggest sovereign wealth funds, with a combined $3 trillion in assets, have come together to launch a framework on how to integrate climate change into their investment decisions.
Impax has grown its assets under management (AUM) to £11.8 billion ($15.6 billion), an increase of 7% compared with the previous quarter.
A consortium of 15 banks has signed a deal with AccorHotels to link the interest rate on a €1.2 billion ($1.4 billion) loan to the hospitality company’s sustainability performance.
Morgan Stanley Investment Management (MSIM) has launched a global, low-carbon equity fund.
Innergex Renewable Energy has acquired a 250MW photovoltaic solar project in Texas, with a Wells Fargo subsidiary expected to come in as a tax equity investor when commercial operations begin.
Howard Bamsey has resigned as executive director of the Green Climate Fund (GCF), it has been announced.
UK waste and water treatment firm Pennon Group has signed two green loans with NAB.
Spanish utility Iberdrola has returned to the market with its tenth green bond. The €750 million deal pays a coupon of 1.25% and matures in October 2026.