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Brexit could see the UK lose €3.61bn of EIB green investments
14 June 2016The UK may lose up to €3.61 billion ($4.05 billion) climate-related spending from the European Investment Bank (EIB), if it votes to leave the EU later this month, according to S&P Global Ratings.
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Blackstone sells WindMW stake to China Three Gorges
13 June 2016US private equity giant Blackstone has sold its majority stake in WindMW to China Three Gorges (CTG) for an undisclosed sum.
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Renewables boom 'to continue', but $5.3trn investment gap identified
13 June 2016Cheaper coal and gas prices will not halt the rise of renewables, according to latest New Energy Outlook (NEO) report by Bloomberg New Energy Finance (BNEF).
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Ile-de-France upsizes and tightens price on 'green and sustainability' bond
10 June 2016Region Ile-de-France has priced its fourth "green and sustainability" bond, five basis points tighter than its initial price thoughts, despite upsizing the issue to €650 million [$734 million].
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Cement companies earnings' at risk from carbon price, says CDP
09 June 2016The 12 largest cement companies in the world may lose up to $4.9 billion of earnings before interest and tax (EBIT) at a "low" carbon price of $10, according to report by CDP.
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Obvion allocates inaugural green RMBS only to green investors
09 June 2016Dutch mortgage lender Obvion has priced its inaugural green residential mortgage-backed security (RMBS), allocating the entire bond to green investors.
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US's oldest asset manager launches first ESG funds
08 June 2016John Hancock Investments has launched two environmental, social and governance (ESG) focused funds.
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Renovate America prices its biggest ever green ABS
07 June 2016Renovate America has priced a $305 million asset-backed security (ABS), its largest ever securitisation.
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TenneT returns to the green bond market with €1bn issue
07 June 2016Dutch state-owned grid operator TenneT has tapped the green bond market for a third time, after pricing a €1 billion ($1.13 billion) issue.
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FTSE Russell launches indexes tracking 'green revenue' of constituents
06 June 2016FTSE Russell has launched 10 new indexes based on its new LCE data model that tracks the 'green revenue' of 13,400 public companies.