Archive

Lombard Odier's Plastic Circularity fund draws pension fund and insurance investors

Lombard Odier Investment Managers has held a first close of its Plastic Circularity Fund, raising an undisclosed amount.

$3.2trn investor group to 'step-up' chemical sector emissions engagement

An investor working group has been formed to "step-up" engagement with major chemical firms around their carbon emissions, arguing the sector has been "neglected" by investors as being 'hard-to-abate'.

Green and sustainability-linked loan round-up: CIP, Siemens Gamesa and more

Monoline-wrapped renewables project financing could be a game-changer

The application of insurance-wrapped debt to renewable-energy project financing is likely to emerge as a valuable addition to the green capital markets toolkit, writes Keith Mullin

People moves: CDP, PRI, East Capital, GIG

Bruno Sarda has joined CDP, formerly Carbon Disclosure Project, as president of North America.

Corporates converge to increase sustainable finance influence

A group of Europe’s largest corporate issuers of green and sustainable bonds has created a forum to help ‘put business at the forefront’ of the transition to a low-carbon economy.

Octopus in £174m refinancing of biomass and landfill gas portfolio

Octopus Investments has completed a £174 million ($230 million) refinancing of the largest independent portfolio of biomass and landfill gas projects in the UK.

Green bonds round-up, 4 July

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.

How Trump inspired climate action by US companies and cities

Companies and cities across the US have taken on a leadership role in terms of climate change action, since President Trump pulled the country out of the Paris Agreement 12 months ago, says Lance Pierce.

Mapfre eyes sustainability goals to improve loan terms

Spanish insurer Mapfre has converted a €1billion ($1.2 billion) syndicated credit line into a loan whose terms depend on the company's sustainability performance.