Archive

  • Brookfield-led consortium to acquire Australian power generator

    27 March 2023

    A consortium of Brookfield Renewable Partners, GIC, Temasek and MidOcean Energy, have agreed to acquire Australia's largest integrated power generator, Origin Energy, for AUD18.7 billion ($12.4 billion).

  • HESTA: Divestment remains last resort for four climate 'watchlist' firms

    09 September 2022

    HESTA said divestment on climate grounds from four energy firms it has warned of intensified engagement is its option of last resort - but remains possible if their response to engagement is "insufficient".

  • HESTA warns four energy firms of potential climate-related divestment

    06 September 2022

    HESTA has warned four energy firms they face heightened scrutiny and potential divestment due to their lacklustre decarbonisation strategies, as the Australian pension fund announced a strengthened 2030 decarbonisation target.

  • Australian gas company shareholders demand Paris Agreement alignment

    19 August 2021

    Shareholders at Origin Energy have demanded the largest supplier of gas and electricity in Australia align its capital expenditure with the Paris Agreement

  • Westpac abandons thermal coal funding in tighter climate policy

    04 May 2020

    Westpac has committed to exit its funding of thermal coal firms by 2030 and to align its financing business to the Paris Agreement, as it launched its updated climate change position statement.

  • Giant Australian wind projects get dual financing boost

    22 December 2017

    A pair of onshore wind farms in Australia with a combined 959MW of planned capacity have agreed financing deals with a host of major banks and telecommunications companies.

  • Energy company challenged on TCFD disclosures

    23 August 2017

    Origin Energy, the largest supplier of gas and electricity in Australia, is facing a demand from shareholders that it implements the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

  • AGL Energy launches A$3bn renewables fund

    10 February 2016

    Just a week after it exited the gas sector, Australia's AGL Energy announced plans to launch an A$3 billion ($2.1 billion) renewables fund, as part of its strategy to realign to a "cleaner future".

  • CEFC stumps up A$100m to expand Australian rooftop solar

    06 July 2015

    Australia's green bank will provide A$100 million ($75 million) to a utility to help it roll out rooftop solar, in the latest in a series of deals to follow an agreement on renewable energy targets in the country.

  • Energy efficiency fund launched

    28 April 2015

    A fund has been launched to invest in small UK companies that are set to benefit from making products or providing services that boost energy efficiency.