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Investors eye REITs to finance US solar projects
30 October 2012The US Internal Revenue Service (IRS) could soon allow renewable energy sponsors to use real estate investment trusts (REITs) to finance their projects, according to one financing expert.
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Insured losses from Hurricane Sandy could reach $10bn
29 October 2012Hurricane Sandy is expected to cause between $5 billion and $10 billion in insured losses and between $10 billion and $20 billion in total economic damages, according to an early estimate by catastrophe risk modelling firm Eqecat.
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Advanced biofuels tie-up to boost industry
29 October 2012A next-generation biofuels producer has formed a strategic partnership with the world's largest supplier of industrial enzymes in a move they hope will kickstart the sector's growth.
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Sacramento, Atlanta adopt PACE programmes
29 October 2012Two more major US metropolitan areas have opted to set up Property Assessed Clean Energy (PACE) bond programmes to finance a pool of projects that could be worth hundreds of millions of dollars and eventually be sold via a securitisation.
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Finnish wind company files for IPO
29 October 2012Wind power developer Ilmatar has announced an initial public offering (IPO) – a first push in the company's strategy to raise €250 million ($323 million) over the coming year.
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EU ETS rule change to weigh on utilities' earnings – S&P
26 October 2012Tougher rules for the third phase of the EU Emissions Trading System (ETS) are set to hit European utilities' earnings, credit ratings firm Standard and Poor's (S&P) has warned.
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Extend US renewables tax credit: investors
26 October 2012A key US renewables tax credit incentive needs to be extended urgently to prevent the sector's competitiveness being "severely damaged", a group of investors has warned.
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Investors welcome Drax cash-call
25 October 2012A £180 million ($287.8 million) cash-call from Drax – the UK's largest coal-fired power plant – to help convert it to running predominantly on biomass was welcomed by investors today.
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Combine PACE, third-party financing to boost solar, say experts
25 October 2012A hybrid financing mechanism involving Property Assessed Clean Energy (PACE) bond programmes can create a new, scalable option to finance solar energy projects in the commercial market, according to stakeholders.
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Could debt swaps fund green growth?
25 October 2012Debt swaps to promote green growth could help stimulate climate finance, while easing the debt burden on developing countries vulnerable to climate change, say Tanja Havemann and Fiona McKenzie