Archive

Canadian engagement initiative identifies 40 target companies

A list of 40 Canada-listed companies that will be targets of investor pressure on climate-related issues has been published by a burgeoning collaborative engagement initiative.

Energy efficiency fund buys $110m US portfolio

Investment fund SDCL Energy Efficiency Income Trust (SEEIT) has completed its $110 million acquisition of a 50% stake in a US industrial portfolio.

SDCL Energy Efficiency Income Trust buys US portfolio stake for $110m

Energy efficiency investment fund SDCL Energy Efficiency Income Trust (SEEIT) has agreed to buy a 50% stake in a US industrial portfolio for $110 million in cash.

Etex receives €600 million sustainability loan

Belgian building materials supplier Etex has agreed a €600 million sustainability loan with a syndicate of ten banks, to be set up by BNP Paribas Fortis.

People Moves: Lazard Asset Management, BlackRock, Pensions Infrastructure Platform, PGGM, Carbon Market Institute and St. James's Place

Chemicals giant agrees 'positive incentive' credit facility

Solvay, one of Europe's largest chemicals companies, has agreed to link the terms of a €2 billion ($2.3 billion) revolving credit facility to achievements in reducing its greenhouse gas (GHG) emissions.

Circularity Capital closes upsized equity fund at £60m

Circularity Capital has reached a £60 million ($77 million) final close for an equity fund – smashing its £50 million target.

North American electricity utilities trail European counterparts in transition to low-carbon economy

Electricity utilities are, on average, not reducing emissions fast enough to be in line with a scenario that would limit climate change to the Paris Agreement's 2°C target, a Transition Pathway Initiative (TPI) study has found.

Belgium's largest offshore wind farm secures €867m debt package

Belgium's largest offshore wind farm has reached financial close, after it secured a 15-year, €867 million ($905 million) debt package from a consortium of 10 financial institutions.

Waste-to-product company eyes €150m retail green bond

British 'waste-to-product' firm Shanks will issue a green bond of up to €150 million ($164 million) for retail investors.