Archive

Net zero transition to cost $1-2tn a year, say energy companies

Achieving net-zero emissions worldwide by 2050 will cost $1-2 trillion a year, around 1.5% of global GDP, according to a report from coalition The Energy Transitions Commission (ETC).

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.

Investors welcome strengthened Anglo American climate lobbying policy

Major investment firms have welcomed the mining giant Anglo American agreeing to align its lobbying activity to the goals of the Paris Agreement.

Bonds round-up: Nidec, CNP Assurances, Citycon, Ygrene, World Bank, munis ... and others

Sustainability loan market surges past $100bn in 2019 – Refinitiv

More than $103 billion in green and sustainability-linked loans has been announced so far in 2019, according to data provider Refinitiv.

Bonds round-up: Reykjavikus Energy; Bank of the Philippine Islands; The Conservation Fund... and more

Reykjavikus Energy raises ISK2.7bn from its second green bond

People Moves: Carmignac

Justin Kew has been appointed as sustainability manager at Paris-based asset manager Carmignac.

Green bond round-up: Verizon; Advanced Soltech; Klovern; NY Dormitory Authority

US telecommunications giant Verizon has raised $1 billion from its first green bond.

Private equity firm secures €100m loan to refinance solar portfolio

A Private equity firm has signed a "roughly" €100 million ($107 million) loan deal to refinance a 20MW Spanish solar portfolio.