-
California wildfires illustrate how ESG factors can affect credit, says Moody’s
04 November 2019Wildfires that ravaged parts of California in recent days show the connection between environmental and social risks, and the credit quality of utilities in the US state, Moody’s has said.
-
BlackRock loses $90.4bn from failing to spot stranded asset risks, says IEEFA
01 August 2019The world's largest asset manager, BlackRock, has seen $90.4 billion knocked off the value of its listed equities holdings over the last decade because it failed to address stranded asset risk in the fossil fuel industry, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).
-
Energy storage - a technology whose time has come?
18 February 2016Large-scale use of batteries to store electricity could be critical for the future growth of renewable energy. Recent developments mean the sector is almost ready for institutional investors, says Graham Cooper
-
RET Capital makes its debut in wind with $239m financing deal
15 July 2015Renewable Energy Trust (RET) Capital has branched out into the wind sector after closing a $238.6 million financing package for an operating site in California.
-
Clean Power Plan could lead to stranded assets, inter-state trading
01 June 2015The proposed US Clean Power Plan could leave some coal-fired power plants 'stranded' and lead to inter-state trading of emission reductions in the western states, experts said.
-
Apple puts $848m into solar farm with First Solar
12 February 2015Technology giant Apple has made its first renewables investment after announcing an $848 million deal with First Solar that will power its operations in California.