Archive

  • EIB provides second €100m loan facility to Ireland's ESB

    30 October 2014

    ESB, Ireland's state-owned electricity supply company, has secured a second €100 million ($126 million) loan facility from the European Investment Bank (EIB) to help it connect wind farms to the national grid.

  • Four US banks veto Australian coal port

    30 October 2014

    Four major US investment banks have ruled out investing in a $26.5 billion coal export project near the Great Barrier Reef, following in the footsteps of five European counterparts.

  • Chinese solar firm Amur Sirius to invest $1bn in Russia

    29 October 2014

    Chinese company Amur Sirius, a subsidiary of Harbin Power Equipment, is to invest 45 billion roubles ($1 billion) in solar projects in Russia, according to the Russian business daily Vedomosti.

  • Atlantis raises £5m from share placing for tidal power projects

    29 October 2014

    Tidal power company Atlantis Resources has raised an additional £5 million ($8 million) in equity capital by placing 12.5 million shares at a price of £0.40 each.

  • UK's Green Investment Bank urged to 'go global', and issue green bonds

    29 October 2014

    The UK's Green Investment Bank (GIB) should extend its reach internationally, according to leading financiers.

  • Wells Fargo launches $10m fund for clean-tech start-ups

    29 October 2014

    Wells Fargo has launched a $10 million grant to back clean-tech start-ups , in a programme it claims is the first of its kind in the banking industry.

  • Bank of England asks insurers how they are dealing with climate change

    29 October 2014

    The Bank of England has written to some of the UK's biggest insurers asking them how they are adapting their businesses to take climate change into consideration.

  • Investors should move on stranded asset risk 'sooner rather than later', warns bank

    28 October 2014

    Investors with a focus on sustainability should begin to take action to mitigate the threat of 'stranded fossil fuel assets' sooner rather than later, a bank research note has advised.

  • Infracapital closes new infrastructure fund at £1bn

    28 October 2014

    Infracapital, an investment arm of M&G Investments, has closed its latest fund – Infracapital Partners II – having raised £1 billion ($1.6 billion).

  • Is energy storage commercially viable?

    28 October 2014

    Energy storage has long been viewed as a key solution for meeting growing demand for power. But despite years of investment its potential has yet to be fully realised. Ian Thomas discusses the challenges and investment opportunities