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S&P to calculate green index for WWF fund
13 January 2011S&P Indices is to calculate an index tracking the performance of listed green businesses for a subsidiary of environment group WWF, the Living Planet Fund (LPF).
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Duke and Progress merger to ease financing for replacing coal
13 January 2011The merger of Duke Energy and Progress Energy will create the largest utility in the US, a super-utility that will be in a better position to finance the replacement of its ageing coal fleet than the companies could separately.
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Impax assets rise 44%, portfolios defy clean-tech stock gloom
13 January 2011Impax Asset Management reported a 44% rise in its assets under management last year to £1.8 billion ($2.8 billion), while its portfolios defied the gloom that afflicted indexes tracking clean technology and clean energy stocks. Since the end of the year, Impax's assets have risen again to £2.3 billion.
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Cat bond market tipped for $7bn in 2011
13 January 2011Insurance experts have painted a rosy picture of the catastrophe bond market, with some predicting issuances in 2011 will reach $7 billion, up from $4.8 billion last year.
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Carlyle to develop ESG metrics for private equity investments
13 January 2011Private equity giant Carlyle plans to develop a set of metrics to measure the environmental, social and governance (ESG) performance of its portfolio companies.
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Clean energy sees record $243bn investment in 2010
12 January 2011Global investment in clean energy reached a record of $243 billion in 2010, a 30% increase on 2009 levels, according to research house Bloomberg New Energy Finance (BNEF).
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Venture capitalists close record number of clean technology deals
12 January 2011Venture capital (VC) firms invested $7.8 billion in clean-tech firms in 2010, up 28% year-on-year, according to figures from the Cleantech Group. The California-based research and advisory firm tracked 715 deals last year, across North America, Europe, China and India, an annual record.
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Carbon market will grow to €107bn in 2011 – analyst
12 January 2011The carbon market will grow 15% to €107 billion ($139 billion) in 2011, according to analysts at Bloomberg New Energy Finance (BNEF).
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Agricultural weather risk targeted by weather veteran
12 January 2011Weather risk veteran Brian O'Hearne has set up a new venture, initially offering weather risk protection to the agricultural sector.
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LDK snaffles Solar Power, First Solar buys RayTracker
10 January 2011Chinese solar wafer company LDK Solar has grabbed a 70% interest in solar module designer and manufacturer Solar Power, in a $33 million deal, while another solar transaction saw Arizona-based First Solar snap up technology company RayTracker.