Michael Hurley

Articles by Michael Hurley

  • Generation to pay $600m for stake in Octopus Energy

    28 September 2021

    Generation Investment Management has agreed to pay up to $600 million for a 13% stake in Octopus Energy, in a deal that values the renewable energy provider at about $4.6 billion.

  • Impact Cubed launches SDG-focused data platform

    27 September 2021

    Impact Cubed has launched a data platform it says enables investors to compare investment propositions based on their contribution to the UN Sustainable Development Goals (SDGs).

  • Al Gore-backed satellite data suggests oil & gas GHG emissions double reported levels

    17 September 2021

    A database of greenhouse gas (GHG) emissions based on direct, independent observation using satellites, remote sensing, artificial intelligence (AI) and machine learning has been launched, which suggests oil & gas emissions may be double the levels reported.

  • US real estate fund targets $1bn in impact investments

    16 September 2021

    Casoro Group has launched its Onyx Impact Fund to invest in real estate in the US, and set a target of $1 billion in investments over the 10-year life of the fund.

  • Big Society Capital targets £15bn UK social impact market by 2025

    16 September 2021

    Big Society Capital says it intends to catalyse the UK's social impact market to grow to as much as £15 billion ($21 billion) in size by 2025, as it launched a refreshed investment strategy.

  • Jeb Bush-led impact fund manager raises $350m

    16 September 2021

    An impact fund led by former governor of Florida, Jeb Bush, that its managers claim will target "impact-like investing without lagging returns", has raised $350 million.

  • UK regulator urged to go beyond TCFD, and require social impact reporting

    16 September 2021

    Listed companies, asset managers, life insurers and pension providers in the UK should be required to report on social factors as well as environmental factors, the regulator has been told.

  • Activist hedge fund Elliott 'pushing for separation of SSE's renewables arm'

    15 September 2021

    Elliott Management is pushing for the break-up of Scottish utility SSE to realise value in its renewable energy business, according to reports.

  • Oil majors to pilot net zero model that pits winding-down as 'legitimate' strategy

    15 September 2021

    BP, Eni, Repsol, Shell and Total are the first oil companies to agree to pilot an investor-led standard that is designed to improve comparability of transition plans, and "acknowledges winding-down as a legitimate strategy".

  • $850m timberland portfolio to aim for positive climate, biodiversity impact

    14 September 2021

    A portion of BTG Pactual Timberland Investment Group's forestry portfolio valued at $850 million is to be managed with the aim of having a net positive impact on nature and the environment, as part of a tie-up with The Nature Conservancy (TNC).