Graham Cooper

CBI readies certification criteria for forestry bonds

A public consultation on criteria for forestry and other land use projects to be certified under the Climate Bonds Standard is due to end on 20 July.

Boralex secures C$259m to fund wind farm acquisitions

Boralex, Canada's largest independent producer of wind power, has raised C$258.8 million ($196 million) in equity finance to fund its acquisition of Invenergy's stake in a 201MW portfolio of wind farms in Quebec.

Green bond round-up, 11 July 2018

Huge investment opportunities in energy infrastructure, says BlackRock

Deep structural shifts in the global energy market and rapidly rising demand for electricity are creating major opportunities for infrastructure investors, say BlackRock analysts.

Moody’s predicts sharp increase in sovereign green bonds

Many more sovereign green bonds are likely in coming years, predicts Moody’s Investors Service.

Green bonds round-up, 4 July

Spanish utility Iberdrola has returned to the market with its tenth green bond. The €750 million deal pays a coupon of 1.25% and matures in October 2026.

Voting begins in annual poll of voluntary carbon market

Nominations for Environmental Finance's 9th Annual Voluntary Carbon Markets Rankings have now opened.

Amundi/EDF fund secures €500m in equity finance

Amundi Energy Transition (AET), a 60:40 joint venture between French asset manager Amundi and utility EDF, has raised more than €500 million ($582 million) in equity capital to finance energy efficiency projects across France.

Dalmore Capital and pension fund invest £700m in wind farms

The Pensions Infrastructure Platform, in partnership with Dalmore Capital, has paid £701 million ($925) to EDF Renewables for a 49% stake in a portfolio of 24 UK wind farms.

Avangrid negotiates sustainability-linked credit facility

Avangrid, a diversified US energy company, has agreed a $2.5 billion credit facility whose pricing will be determined by its success in reducing its carbon emissions.