Ahren Lester

Cubico agrees first Greek wind farm acquisition

Renewable energy investor Cubico Sustainable Investments has acquired its first wind farm in Greece, for an undisclosed sum.

Octopus Renewables secures £185m National Grid pension mandate

Octopus Renewables has secured a £185 million ($243 million) long-term mandate from the UK pension fund of National Grid to invest in solar and onshore wind assets.

New York and London mayors urge pension fossil fuel divestment

The mayors of New York and London have urged leaders of other major global cities to join them in divesting their pension funds from fossil fuel assets.

Investors urge Barclays to phase out fossil fuel financing activities

A group of 11 institutional investors has filed a shareholder resolution to Barclays, calling on the London-listed bank to phase out its financing for fossil fuel firms.

Solarcentury secures €55m facility to fund Spanish solar plant construction

Solar energy firm Solarcentury has secured facilities worth €54.8 million ($61.3 million) from a pair of UK banks to help fund the construction of two solar plants in Spain.

World Bank launches fourth emissions reduction auction

A fourth pay-for-performance auction developed by the World Bank to stimulate investment in projects to reduce greenhouse gas (GHG) emissions has launched a new auction worth at least $6 million.

Robeco announces ESG engagement themes for 2020

Dutch asset manager Robeco has announced its Active Ownership team will focus on five environmental, social and governance (ESG) engagement themes in 2020, including biodiversity protection and decarbonisation.

Shipping industry cuts sulphur limit for marine fuel

The maximum sulphur content of marine fuels was slashed by regulators in a bid to reduce air pollution, although campaigners warned more work is still required by the industry.

People Moves, 6 January: Posaidon, Cerema, Rest

CalSTRS reveals 'carbon budget' data as part of climate-risk report

A major US pension provider has announced its investment portfolio has used over two-thirds of its allowed 'carbon budget' to contain global temperature rises to 2°C by the end of the century.