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KKR closes second infra fund at $3.1bn
10 July 2015Private equity firm, Kohlberg Kravis Roberts & Co (KKR), has reached final close on its second infrastructure fund, securing $3.1 billion from investors.
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'Oil and gas is next major market for solar energy' says developer in $600m deal
10 July 2015An Omani petrol company says its $600 million solar deal "underscores the massive market for deploying solar in the oil and gas industry".
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Development banks agree principles for measuring climate finance
10 July 2015The world's largest development banks have joined together to agree principles for measuring their financing of green projects.
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People Moves
10 July 2015A round-up of the latest new appointments and moves in the industry, including changes at Senvion, Hannon Armstrong and Abengoa
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Green Climate Fund criticised by NGOs for accrediting Deutsche Bank
09 July 2015Several NGOs have penned an open letter to the Green Climate Fund (GCF), warning that its decision to appoint Deutsche Bank to handle its funds threatened its credibility on environmental grounds.
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UK government slammed for lifting renewable energy tax breaks
09 July 2015Renewable energy consumption will no longer be exempt from tax in the UK, in a government move that has been slammed for discouraging investment in the sector.
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Parametric to screen equities against coal and tar sands
09 July 2015US asset management firm Parametric has introduced two new screening processes to enable investors to blacklist major coal and tar sands stocks.
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$531.8bn of green bonds remain unlabelled, says research
08 July 2015The green bond market would be $531.8 billion larger if all eligible bonds were labelled, according to the latest figures on the market.
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European parliament approves reform of carbon market
08 July 2015The European parliament has voted decisively to approve a reform of the EU's pioneering emissions trading system (ETS) that is designed to make the market more resilient to external shocks.
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TerraForm Power to issue green bond as part of $2bn wind deal
08 July 2015TerraForm Power (Terp) is set to issue its second green bond of 2015, this time to help finance a $2 billion wind acquisition.