Archive

People Moves 23 September: HSBC, Impax, LGIM ... and more

LGIM divests two laggards as part of 'climate pledge'

Legal & General Investment Management (LGIM) is to divest two companies from funds managing £87 billion ($105 billion) for failure to take action on greenhouse gas emissions,...

L&G's chief executive defends climate free speech

Nigel Wilson supports right to air anti-climate change comments as HSBC's Stuart Kirk fallout continues

News round-up: Impax, NZAOA, Credit Suisse and Aviva

Net-Zero Asset Owner Alliance adds five members

L&G invests £300m in world's largest offshore wind farm

UK financial services group Legal & General (L&G) has agreed to provide £300 million ($395 million) of long-term acquisition debt to help Danish pension funds PKA and PFA buy 50% of UK offshore wind farm Walney Extension from Ørsted (formerly known as Dong Energy).

L&G makes first US renewable energy debt deal

Legal & General (L&G) has loaned US-based renewables developer Ahana Operations $65.8 million, marking its first foray into the US renewable energy debt market.

EF BRIEFS: FrieslandCampina, NTR wind fund, Engie, Enel, ScottishPower, Wheb

Dutch dairy cooperative FrieslandCampina has become the second issuer to issue a green Schuldschein – a type of German privately-placed debt instrument similar to a mid-term note.

Low-carbon indexes 'outperform', says report

Indexes reweighted in alignment with a 2˚C scenario outperformed their mainstream equivalents, according to a report.

Legal & General pledges further investments in UK renewables

Insurance company Legal & General (L&G) plans to increase its UK investments in renewable energy, despite recently announced changes to national support mechanisms, said CEO Nigel Wilson.