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Environmental non-profit buys US coal mines
18 August 2015ERP Compliant Fuels (ERP), an environmentally-focused non-profit, has agreed to buy various assets, including two coal mines, from Patriot Coal, as part of the latter's bankruptcy proceedings.
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Legal & General pledges further investments in UK renewables
18 August 2015Insurance company Legal & General (L&G) plans to increase its UK investments in renewable energy, despite recently announced changes to national support mechanisms, said CEO Nigel Wilson.
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Norway's oil fund divests from Korea's Posco and Daewoo
18 August 2015Norway's sovereign wealth fund – the largest in the world – is to exclude leading Korean companies Posco and Daewoo International from its investment portfolio because of their involvement in palm oil plantations in Indonesia.
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NTR to spin-off pureplay European wind company
18 August 2015Irish conglomerate NTR has revealed in full its plan to spin off its European wind business into a separate company.
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SunEdison returns to market, eyeing up to $2.5bn
18 August 2015SunEdison has continued its fundraising spree, securing $1 billion from a consortium of banks, with a further $500 million of convertible notes planned.
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PNE Wind's CEO and entire supervisory board quits over dispute
17 August 2015The chief executive and the entire supervisory board of wind developer PNE Wind have pledged to resign following a row over the handling of an acquisition.
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Passant to leave Eurosif
17 August 2015Eurosif executive director François Passant is to leave the organisation, and a hunt for his successor is underway.
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Aquila Capital buys UK solar plant
17 August 2015Aquila Capital has bought its second solar plant in the UK, praising the country's renewable energy investment landscape.
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EU carbon market weekly update - 17 August 2015
17 August 2015A further large rise in the EUA price, after last week's 7% gain, is unlikely this week, but coal and power prices and modest auction volumes should support present levels, says Louis Redshaw.
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Leaf Clean Energy sells four investments worth a total of $8.4m
17 August 2015Renewables developer Leaf Clean Energy has sold its stake in four renewable energy investments, worth a combined $8.4 million.