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Leadership does not equal GFANZ
23 November 2022There has been little evidence of leadership or reduction of fossil fuel financing in the giant coalition of investors and banks, argues Michael Northrop
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EACOP must stop!
06 April 2022How is it possible that a project like the East Africa Crude Oil Pipeline (EACOP) could be under serious consideration in 2022, asks Michael Northrop
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GFANZ fails to deliver at COP26
16 November 2021Finance is uniquely positioned to save the planet, but has already financed 1.5 C of warming, warns Michael Northrop
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The Rockefeller Brothers Fund on impact
20 April 2021The $1.4 billion endowment wants to set an example for transparency as it looks to invest up to a fifth of its portfolio for positive impact, Stephen Heintz tells Michael Hurley
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Rockefeller, Packard and Ford among foundations backing impact scale-up fund
07 February 2020The Rockefeller Foundation, David and Lucile Packard Foundation and Ford Foundation are among high-profile US backers of a 'tipping point' fund designed to help boost the impact investing market.
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Lekela seals financial close of Senegal’s first utility-scale wind farm
30 July 2018Renewables platform Lekela Power has reached financial close for the first ever utility-scale wind project in Senegal.
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People moves: Legal & General Capital, Vigeo Eiris, Lekela and NIB
16 March 2018Legal & General Capital (LGC) has recruited former RBS group treasurer John Cummins as its managing director of urban regeneration and clean energy.
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Mainstream secures $177.5m for African renewables
28 July 2016Irish clean energy specialist Mainstream Renewable Power has raised $177.5 million for Lekela Power, its joint venture in Africa.
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Pension firm divests NOK500m from coal but challenges 'stranded assets' theory
25 November 2014Norwegian pension giant KLP has dismissed the "stranded assets" debate, but still plans to divest from coal companies in favour of renewable energy.
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AP2 divests from 20 'seriously risky' fossil-fuel companies
20 October 2014The SEK265 billion fund is moving its money out of 20 firms – 12 in coal and eight in oil and gas production – following what it called a "comprehensive risk analysis" of its holdings.
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