Michael Hurley

Impax assets rise to £11.3bn with acquisition of Pax

Europe's largest biomass plant to grow with fourth renewable unit

The owner of the largest biomass power station in Europe is to convert a fourth partly coal-fired unit to biomass energy generation this year, following a UK government decision on a national renewables incentive scheme.

Electric vehicles could hit price parity with diesel and petrol from 2022, CDP says

Battery electric vehicles (BEVs) will reach price parity with internal combustion engine (ICE) vehicles from about 2022, according to research published by CDP.

India's IREDA set for March IPO

The Indian Renewable Energy Development Agency (IREDA) is preparing its initial public offering (IPO) for March.

Green bond round-up, 17 January 2018

Swedish bank SEB expects 2018 will be "a year of consolidation and more modest growth" for green bond issuance than in 2017, with potential to grow 12% year-on-year, to $175 billion.

KfW re-enters SEK market with its first green bond of 2018

German development bank KfW has issued a SEK 1 billion ($120 million) green bond, its first in a 2018 issuing programme which it says will include two large issues of at least €1 billion ($1.22 billion) each.

Nasdaq launches second Nordic sustainable segment to meet green bond demand

Nasdaq's Swedish subsidiary has opened its second sustainable bond segment focused on the Nordics, to "meet increased demand for green bonds".

UK parliament to weigh merits of making TCFD mandatory

An independent audit committee is to examine whether the recommendations of the FSB's Task Force on Climate-related Financial Disclosures (TCFD) should be made mandatory by the UK government.

Marex Spectron reopens EU carbon desk as it identifies 'significant opportunity'

Broker Marex Spectron has reopened its EU carbon emissions desk in London, citing renewed confidence in the EU's Emissions Trading System (ETS).

New York City files to sue five oil majors, plans $5bn pension fossil fuel divestment

New York City has filed a lawsuit against five oil majors for damages caused by climate change, and the city's pension funds intend to divest $5 billion from fossil fuel companies, as its mayor launched a blistering attack on the firms.