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Largest private pension scheme in UK announces first divestments
01 June 2020The Universities Superannuation Scheme (USS) has announced it will not invest in tobacco, coal, and controversial weaponry firms under its exclusions policy, though campaigners are pressing for the £68 billion ($84 billion) fund to divest from other fossil fuel firms.
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Nordic green bond issuers include EU standard in new reporting guidance
19 February 2020A group of Nordic issuers has set out recommendations on how to report green bond impact in line with the proposed EU Green Bond Standard (GBS).
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Glennmont in £160m deal for UK biomass
21 September 2015Renewables specialist Glennmont Partners has agreed a debt package to help finance the acquisition of a £160 million ($248 million) biomass plant in the UK.
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Scandinavian investment fund buys DKK1.6bn UK biomass plant
11 March 2015A fund that has received commitments from 10 Scandinavian institutional investors has bought a UK biomass plant for DKK1.6 billion ($232 million).
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Glennmont pays £160m for Wales biomass project
26 January 2015UK-based clean energy investor Glennmont Partners has paid £160 million ($240 million) for a 40MW biomass power project in Wales.
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Investors should move on stranded asset risk 'sooner rather than later', warns bank
28 October 2014Investors with a focus on sustainability should begin to take action to mitigate the threat of 'stranded fossil fuel assets' sooner rather than later, a bank research note has advised.