-
Green bonds round-up, 2 May
02 May 2018DTE Electric, an electricity utility based in Detroit, Michigan, has entered the green bond market with a $525 million, 30-year issue. It pays a coupon of 4.05% and was priced at 97 basis points over US Treasuries, giving a yield to maturity of 4.076%. The issue has been rated Aa3, A and A+ by Moody's, S&P Global and Fitch, respectively.
-
Building transparency in SRI
19 February 2018The recommendations of the HLEG highlighted an urgent need to engage Europe's citizens on sustainable finance. Eurosif's updated Transparency Code should help, argues Flavia Micilotta
-
People moves: ICMA, JP Morgan and BIG
09 February 2018The International Finance Corporation's (IFC) Esohe Denise Odaro has taken a secondment at the International Capital Markets Association (ICMA), where she is director in the Green Bond Principles/Social Bond Principles (GBP/SBP) secretariat.
-
EU green bond standard should make GBPs mandatory, HLEG urges
31 January 2018An official EU green bond standard should be created this year that would make the recommendations of the Green Bond Principles (GBPs) mandatory and require second opinion providers to be accredited, according to the Commission's High-Level Expert Group on Sustainable Finance (HLEG).
-
IREDA lays out plans for IPO
27 December 2017State-run Indian Renewable Energy Development Agency (IREDA) is planning an initial public offering (IPO), a filing with Indian markets regulator Sebi reveals.
-
Green bond round-up, 11 October 2017
11 October 2017Fiji looking at green bonds, says economy minister Fiji is considering using green bonds to help boost the country's renewable energy resources, according to a senior minister quoted in the local press.
-
Oversubscribed Greencoat Renewables IPO raises €270m
20 July 2017Investment company Greencoat Renewables has raised €270 million from its initial public offering, a result of "heavy demand" for its shares.
-
People moves: GIIN, CMIA, Church Commissioners, GCF
30 June 2017The Global Impact Investing Network (GIIN) has promoted Giselle Leung to managing director.
-
Green bond round-up, 3 May 2017
03 May 2017Bank of Beijing has issued a RMB15 billion ($2.2 billion) green bond, the largest from a Chinese entity so far this year.
-
Green bond round-up, 26 April 2017
26 April 2017Kaiser Foundation Hospitals, a subsidiary of California-based health provider Kaiser Permanente, is gearing up to issue its inaugural green bond.