Archive

  • UniCredit plans 2028 coal sector exit in updated policy

    10 August 2020

    UniCredit has taken a harder line against thermal coal, pledging to stop financing its mining or burning entirely by 2028, as the exodus from the carbon-intensive fuel by global lenders continues.

  • Green bond round-up, 21 Nov

    21 November 2018

    US real estate company Boston Properties has raised $1 billion from its inaugural green bond.

  • Green bond round-up, 11 July 2018

    11 July 2018

  • Green bonds round-up, 2 May

    02 May 2018

    DTE 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.

  • Banks making progress on combating climate change

    17 January 2017

    Banks have made considerable progress in addressing climate risks and opportunities in their business practices to align with a 2°C global warming target, but it is still not enough, according to a new report.

  • Hannon Armstrong raises $77m from latest share sale

    10 November 2016

    Hannon Armstrong Sustainable Infrastructure Capital (HASI) has raised approximately $76.9 million, after expenses, from its latest public equity offering.

  • EF BRIEFS: Hannon Armstrong, Enercorn

    04 November 2016

    US clean energy investment firm Hannon Armstrong Sustainable Infrastructure Capital (HASI) is looking to raise approximately $70 million from the sale of 3.5 million shares.

  • Renovate launches $320m green ABS

    13 September 2016

    Renovate America, which helps finance energy efficiency projects on residential properties in California, has issued its eighth asset-backed security (ABS) under its HERO programme.

  • EF BRIEFS: Duke Energy, Statkraft, NEP

    09 September 2016

    Norway's sovereign wealth fund has divested its holdings in US utility Duke Energy, pointing to the company's risk of "severe environmental damage".

  • Industry and investors welcome extension of US solar tax credits

    21 December 2015

    Shares in US solar energy companies have soared on news that the investment tax credit (ITC) is to be extended for three years at the current level of 30%.