Ahren Lester

Constellation raises $900m in first US 'nuclear' green bond

US energy firm Constellation has raised $900 million from the first green bond from an US issuer which can be used to finance nuclear power projects.

Corporate green bond issuance passes $1trn milestone

Cumulative corporate green bond issuance has now crossed $1 trillion, just over a decade after a company tapped the market for the first time.

Financial firms green bond lending disclosures 'need more detail'

Financial institutions that issue green bonds need to provide more detail on their 'green' lending portfolios, according to one investor.

US muni sustainable bond market to grow in 2024, predicts S&P

US municipal issuance of sustainable bonds is forecast to grow 5% in 2024 as issuers are incentivised to return to the market and issuance sizes continue to grow, according to S&P Global Ratings.

Landmark green shipping loan loses CBI certification amid contract cancellation

A ground-breaking green shipping loan has had its Climate Bonds Initiative (CBI) certification revoked after the borrower revealed plans to cancel the ship order the loan was intended to finance.

Prime Energy launches 'first' Rwandan green bond

Iceland raises €750m from sovereign green bond debut

Iceland has raised €750 million ($820 million) from its inaugural sovereign green bond, with the debut deal more than nine times oversubscribed.

Natural capital investment 'very much aligned with fiduciary duty'

Pension fund manager London CIV said natural capital investments should be considered as closely aligned with the fiduciary duty of asset managers to clients, but perhaps needs the market to "really think" about what that duty means.

Nature-positive investments still searching for a 'natural home' at Zurich

Green bonds are an "easy play" for investors looking for nature-positive investments, according to Zurich - but the "natural home" among financial asset classes for natural capital investments remains unclear.

Green bond funds swing back to black in 2023

2023 saw the growing sustainable bond fund market make positive returns after a torrid two years, with forecasts of another strong year to come. Ahren Lester reports