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Drax halts further investment in £1bn carbon capture project after subsidy cuts
25 September 2015Drax Group, which owns the UK's largest power station is halting further spending on its £1 billion ($1.53 billion) carbon capture storage (CCS) project, blaming the country's "drastically different" investment landscape for renewable energy.
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Refinancing becoming easier for European renewable assets, says Moody's
24 September 2015Refinancing in the European renewable energy sector is becoming easier, as demand for infrastructure debt increases and operating histories improve, according to a report by Moody's.
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Enel Green Power enters Asian renewables market with €30m deal
24 September 2015Italy's Enel Green Power (EGP) has made its first move into Asia, acquiring interest in an Indian renewables firm.
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NESF raises £39m out of a possible £98m in share placement
24 September 2015NextEnergy Solar Fund (NESF) has raised £38.8 million ($59.2 million) out of a possible £98.4 million in its latest share placement.
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Volkswagen's environmental rating from Vigeo plummets 90%
24 September 2015Car giant Volkswagen has seen its first sustainability-rating downgrade since it hit the headlines last week for cheating emissions tests.
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People moves
24 September 2015A round-up of the latest new appointments and moves in the industry, including changes at HSBC, CDP, RobecoSAM, Impax, MSCI and the World Bank.
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Danish wind firm set to tap green bond market for €50m
23 September 2015Danish renewables firm LM Wind Power is planning to issue a €50 million ($56 million) green bond.
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ReNew Power issues India's first credit-enhanced green bond
23 September 2015Goldman Sachs-backed wind developer ReNew Power Ventures has issued India's first credit-enhanced green bond, raising INR4.5 billion ($68 million).
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Volkswagen warned to fasten seatbelt for ESG rating downgrades
23 September 2015The emissions scandal that has engulfed Volkswagen (VW) has left the company staring down the barrel of a downgrade from some environmental, social and governance (ESG) analysts.
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Althelia becomes first foreign investor in Brazilian forestry firm
23 September 2015The UK's Althelia Climate Fund has invested €11.5 million ($12.8 million) in a company seeking to combat deforestation in Brazil.