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Securitised energy efficiency bond raises $104m
27 March 2014A bond believed to be the first to be securitised by payments from residential energy efficiency projects, has raised $104 million. The 11-year bond is based on California's Property Assessed Clean Energy (PACE) financing scheme, which has helped fund the installation of insulation and solar panels.
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Abandon quarterly reporting, McKinsey head tells firms and investors
27 March 2014Companies should abandon quarterly reporting, according to the head of consultancy McKinsey & Co, as he claimed asset managers and asset owners hold the key to pushing corporates away from short-term thinking.
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Brookfield expands into Europe with €495m acquisition
27 March 2014Brookfield Renewables Energy Partners has agreed to pay some €700 million ($963 million) for 17 wind farms in Ireland, marking its first move into the European market.
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The next generation
27 March 2014US President Barack Obama is forging ahead with federal guidelines to reduce greenhouse gas emissions from existing power plants. Katie Kouchakji looks at what form the standards could take, the implications for investors
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Building a green energy infrastructure in sub-Saharan Africa
Geoff Sinclair and Fenella Aouane review the fast growing renewable energy market in Africa and the financing opportunities it presents
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Investors push for new ESG listing rules
27 March 2014An initiative backed by more than 100 institutional investors has been launched this week, pushing for standardised sustainability reporting across all stock exchanges.
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SSE to slash investment in UK wind farms
26 March 2014Scottish and Southern Energy (SSE) has today said it would abandon proposed investments in four offshore wind projects and two onshore wind projects in the UK.
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John Laing gets its £160m renewables IPO away
26 March 2014UK infrastructure company John Laing succeeded in publicly listing a renewables fund today, although it took a larger-than-previously-expected stake in the £160 million ($262 million) offering.
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Banco Pine secures $115m loan for renewables funding
26 March 2014Banco Pine has secured a $115 million loan from the Inter-American Development Bank and Commerzbank, which it will use to fund renewables projects in Brazil.
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Green bond raises $232.5m for Swedish firm SCA
26 March 2014Swedish consumer goods company SCA has issued its first green bond, raising SEK1.5 billion ($232.5 million).