Archive

  • Boralex secures C$259m to fund wind farm acquisitions

    12 July 2018

    Boralex, Canada's largest independent producer of wind power, has raised C$258.8 million ($196 million) in equity finance to fund its acquisition of Invenergy's stake in a 201MW portfolio of wind farms in Quebec.

  • Swiss Re sets thermal coal re/insurance threshold

    02 July 2018

    Swiss Re will, from today, no longer provide re/insurance services to businesses with more than 30% exposure to thermal coal. The group already applies the same 30% threshold to the asset side of its balance sheet.

  • ESG data has 'lost the plot when it comes to impact'

    24 May 2018

    The environmental, social and governance (ESG) data industry has lost the plot when it comes to assessing sustainability and impact, a leading sustainability-focused fund manager has claimed.

  • HSBC is latest bank to withdraw from coal and tar sands

    20 April 2018

    HSBC pledged to stop lending to most coal-fired power stations and to stop financing oil from tar sands, but "missed the chance to join the green banking leaders", according to one NGO.

  • Canada seeks more opportunities in sustainable finance

    13 April 2018

    An Expert Panel on Sustainable Finance has been set up by the Canadian government to help the country's businesses exploit new opportunities in clean energy and other climate-related activities.

  • $3trn of investors launch pilot group on TCFD

    15 March 2018

    Nine investors representing around $3 trillion of assets have joined forces to promote climate transparency.

  • First green-certified commercial real estate loan to build Paris towers

    09 March 2018

    A commercial real estate loan that will help build hotel and office space in Paris has become the first to be certified as green and provide an accompanying external second party opinion.

  • Green bond round-up 21 February 2018

    21 February 2018

    Malaysian investment institution Permodalan Nasional Berhad (PNB) has raised MYR 5.65 billion ($1.44 billion) through a green sukuk programme.

  • Tessa Tennant awarded OBE for sustainability work

    03 January 2018

    Tessa Tennant, co-founder of the Jupiter Ecology fund, has been awarded an OBE for services to sustainable investment in the Queen's New Year Honours List.

  • Mexican and Canadian pension funds buy $1.35bn of Enel renewables

    11 October 2017

    Canadian institutional investor Caisse de dépôt et placement du Québec (La Caisse) and a consortium of Mexican companies have paid $1.35 billion for a majority share in eight Enel wind and solar assets.