Archive

  • Green Investment Group makes £38m waste-to-energy investment

    08 September 2017

    The Green Investment Group has committed to invest £38 million ($50 million) in the construction of a 70MW waste-to-energy facility in the UK, alongside a syndicate of lenders.

  • Macquarie completes acquisition of Green Investment Bank

    18 August 2017

    The UK government must develop a new strategy for private sector investment after a Macquarie-led consortium completed its £2.3 billion ($2.96 billion) acquisition of the Green Investment Bank (GIB), according to a group of business leaders.

  • Link remuneration to climate risk, says TCFD

    29 June 2017

    A key update in the final recommendations of the Financial Stability Board's (FSB) Task Force on Climate-related Financial Disclosures (TCFD) is a call to link climate-related risks and disclosure play in remunerations.

  • Pension funds' response to climate risk is glacial, says Mercer

    26 June 2017

    Ahead of the much anticipated final release of a report by the Task Force on Climate-related Financial Disclosures (TCFD), a survey by consultancy firm Mercer has found that only 5% of European pension funds consider the investment risk climate change poses to their portfolios.

  • Shareholder climate success at Exxon

    31 May 2017

    A shareholder resolution calling for ExxonMobil to do more to tackle climate change received a significant majority, despite not being backed by the board.

  • Oil companies beginning to act on climate change, says report

    15 May 2017

    Some of the largest global oil and gas companies such as Statoil, Eni and Total are beginning to act on climate change. However, laggards like ExxonMobil are considerably behind these companies, according to a report from major investors.

  • Northam to head GIB as Kingsbury leaves role

    25 April 2017

    Shaun Kingsbury will step down as CEO of the Green Investment Bank (GIB) following its acquisition by a consortium led by Australian bank Macquarie Group for £2.3 billion ($2.9 billion).

  • GIB, MUFG, Siemens and Barclays fund £180m energy-from-waste plant

    16 December 2016

    The UK's Green Investment Bank (GIB) has invested alongside Mitsubishi UFJ Financial Group (MUFG), Siemens Bank, Natixis and Barclays into a £180 million ($225 million) energy-from-waste plant in Wales.

  • People moves - PRI, PiP, TerraForm Power

    25 November 2016

    US-listed yieldco TerraForm Power (TERP) has appointed three new independent director members to its board.

  • Foresight fund among backers of anaerobic digestion plants

    21 June 2016

    A total of £26.8 million ($39 million) has been raised for two anaerobic digestion plants in Northern Ireland that run on animal waste.