Michael Hurley

Articles by Michael Hurley

  • Lloyds Bank to stop financing new coal plants

    03 August 2018

    Lloyds Banking Group will not fund new coal-fired power stations or thermal coal mines, or bank new clients which derive most of their revenue from such operations, it has said.

  • Actis readies open-source SDG assessment tool

    02 August 2018

    Emerging markets investor Actis plans to introduce an open-source framework for assessing the contribution of its portfolio companies with the UN’s 17 Sustainable Development Goals (SDGs).

  • Green bonds round-up, 1 August 2018

    01 August 2018

    Moody's Investors Service has lowered its expectations for green bond issuance this year, in light of slower growth in the first six months.

  • Greenalia agrees €125m loan for biomass plant

    01 August 2018

    Spanish firm Greenalia has agreed a loan worth €125 million ($146 million) to finance its biomass electric power production plant.

  • UK seeks £400m EV fund manager with eye on lost EIB funding

    31 July 2018

    The UK ‘will be prepared’ for the European Investment Bank (EIB) to pull funding for clean energy infrastructure projects, the country’s government has suggested.

  • Lekela seals financial close of Senegal’s first utility-scale wind farm

    30 July 2018

    Renewables platform Lekela Power has reached financial close for the first ever utility-scale wind project in Senegal.

  • Candriam warns EU of low-carbon benchmark perils

    30 July 2018

    Luxembourg-based asset manager Candriam has warned the European Commission against being too narrow in its efforts to improve the sustainability profile of benchmark indexes.

  • Australia and New Zealand to develop sustainable finance roadmap

    27 July 2018

    More than 300 organisations with a combined $10 trillion in assets have agreed to produce a roadmap to grow sustainable finance in Australia and New Zealand.

  • Ireland unveils renewable energy auction scheme

    26 July 2018

    The Irish government has approved an auction scheme designed to increase its electricity generation from renewable energy sources (RES-E) to 55%, by 2030.

  • Green bonds round-up, 25 July

    25 July 2018

    The City of Toronto has completed a green bond issue worth C$300 million ($228 million), becoming the second city in Canada to issue green-labelled notes, following Ottawa's C$102 million issue in November.