News

• EF BRIEFS: Tesla, BNP Paribas, World Bank, NextEnergy

  01 August 2016

  Electric car company Tesla has agreed to buy SolarCity, a leading provider of small-scale solar energy installations for $2. 6 billion.

• Aegon keen on green residential mortgage-backed securities

  01 August 2016

  Dutch insurer Aegon has called for more supply of green residential mortgage-backed securities (RMBS) after investing €60 million ($67 million) in the world's first in May.

• EU carbon market weekly update - 1 August 2016

  01 August 2016

  Despite the looming August auction slowdown, EUA prices failed to find any lasting upside last week. Prices closed the week at €4.43, a week-on-week fall of 13c (2.85%). With the holiday season in full swing across Europe, trade volumes and price movements were muted, with just a 29c trading range.

• RGGI states gain economic and environmental benefits, say analysts

  01 August 2016

  States participating in the US Regional Greenhouse Gas Initiative (RGGI) market have experienced stronger economic growth than other states, while their emissions have fallen much faster and their electricity prices have dropped.

• NTPC mandates four banks for green debut

  01 August 2016

  Indian state-owned utility National Thermal Power Company (NTPC) has mandated four banks to lead manage the country's first offshore rupee green bond.

• EF BRIEFS: Sumitomo, GIB, Senvion

  29 July 2016

  Japan's Sumitomo Corporation has agreed to indirectly buy, through Macquarie Capital, a 12.5% stake in an offshore wind farm, for an undisclosed fee.

• Capital Stage bids to acquire Chorus Clean Energy

  29 July 2016

  Capital Stage, Germany's largest independent operator of solar energy parks, has announced a takeover bid for rival renewables company Chorus Clean Energy.

• Terraform Power plans September share auction

  29 July 2016

  Terraform Power (TERP) is planning to sell itself in a formal auction in September, after its management rebuffed a takeover bid from two hedge funds, according to reports.

• SUSI Partners secures €62m investment from EIB

  29 July 2016

  The European Investment Bank (EIB) has agreed to invest up to €62 million ($68 million) in SUSI Partners second renewable energy fund.

• Potential emissions from major companies fall, as investor pressure rises

  28 July 2016

  Potential emissions from the reserves of the largest publicly-traded fossil fuel companies have fallen by 15% in the last year, amid mounting pressure from investors, according to a report from Fossil Free Indexes (FFI).