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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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Foresight equity increase hit by stock market turbulence
17 October 2014Foresight Solar Fund has raised just over £60 million ($97 million) from a placing and offer of new shares which it had hoped might raise £100 million to complete two acquisitions.
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Italian pure-play firm issues 8.125%, six-year green bond
17 October 2014An Italian company specialising in environmental sustainability has issued a €15 million ($19 million) green bond.
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Renewables stocks are outperforming energy efficiency, says HSBC
17 October 2014Equity investments in renewable energy performed better last quarter than those in energy efficiency and storage, according to research by HSBC.
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Commission reforms will not save the EU ETS, says think-tank
17 October 2014The surplus of emission allowances in the EU Emissions Trading System (ETS) could reach 4.5 billion by 2020, despite recent reforms to the market, a leading think-tank has warned.
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SunEdison in JV with Chinese investor to build Asian portfolio
16 October 2014SunEdison has agreed a partnership with a Chinese investment firm to build 1GW of solar energy capacity over the next three years.
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Alterra Power secures C$176.5m loan to complete Jimmie Creek financing
16 October 2014Alterra Power and a fund managed by Fiera Axium Infrastructure have agreed a C$176.5 million ($156 million) non-recourse loan facility for the 62MW Jimmie Creek hydroelectric project in British Columbia.
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Climate leaders index beats Bloomberg World
16 October 2014A global index of companies taking the strongest action to combat climate has outperformed the Bloomberg World Index (BWI) by almost 10% over the past four years.
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MSCI launches indexes that reduce 'stranded asset' risk
16 October 2014MSCI has added to its growing range of environmental indexes with two benchmarks that exclude companies with fossil-fuel reserves.
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Gemini raises bar for non-recourse financing in offshore wind
16 October 2014Project Gemini set a new record for the funding levels that can be achieved in the project finance market. Its financial close proved that there is strong commercial bank and investor appetite for well-structured offshore wind projects, says Wolfgang Bischoff