Archive

Loan round-up: Emirates Nuclear Energy Corporation, Trafigura, Italgas ... and more

Large numbers of Europe-listed companies 'less than 1% aligned' with EU taxonomy

About 77% of a sample of 75 Europe-listed companies have an 'alignment level' with the EU's taxonomy of sustainable activities that is equal to or lower than 1%, according to a study by ISS ESG and German thinktank adelphi.

Bond round-up: Westpac, CGNPC, Prologis, Hera, Hannon Armstrong ... and more

World Bank plans new auction for carbon credits

The World Bank has teamed up with the German government to buy carbon credits from private sector companies with projects that reduce emissions of nitrous oxide (N2O) from nitric acid production facilities.

HgCapital sells stake in Irish wind assets to Japanese

Invis Energy, a joint venture between HgCapital and engineering company Craydel, has sold a 60% stake in five Irish wind farms to a group of Japanese investors. The price paid was not disclosed.

Chinese renewables fund reaches $480m in second close

The private equity arm of power company China General Nuclear (CGN) and investment manager JIDA Capital Partners have reached the second close of the their renewable energy fund, managing to raise a total of $480 million.

UCL report adds weight to stranded assets warnings

The stranded assets debate has gained further momentum after academics at the University College London (UCL) found that half of gas reserves and more than 80% of coal reserves are "unburnable" if global warming is to be restricted to 2°C.

Chinese company 'plans carbon-linked note'

A wind power subsidiary of China General Nuclear Power Group (CGN) is planning to issue up to 1 billion yuan ($160 million) of medium-term notes whose coupon is linked to the price of carbon credits, according to a Reuters report.