Michael Hurley

Giant Australian wind projects get dual financing boost

A pair of onshore wind farms in Australia with a combined 959MW of planned capacity have agreed financing deals with a host of major banks and telecommunications companies.

Greencoat Renewables to buy 36MW Irish wind farm

Renewable energy investment firm Greencoat Renewables is to purchase a 36MW Irish onshore wind farm from Impax Asset Management.

Corporates unprepared to meet TCFD's target for 2018 disclosures, survey finds

Fewer than one in five corporates plan to disclose in line with Task Force on Climate-related Financial Disclosures (TCFD) recommendations next year, according to a survey by South Pole Group, despite the FSB's target for disclosure from 2018.

China launches world's largest emissions trading scheme

China has announced the long-awaited launch of its national emissions trading scheme (ETS), which will immediately become the largest of its type in the world, according to analysts.

UK pension funds could be required to state ESG policy

UK pension trustees could be required to state their investment policies on environmental, social and governance (ESG) factors, as well as their approach to voting and engagement, with the introduction of new regulation next year.

BP re-enters solar arena with $200m Lightsource investment

Oil major BP will invest $200 million for a 43% stake in UK-based solar company Lightsource, returning to a sector it exited in 2011.

Three institutional investors join $800bn Portfolio Decarbonisation Coalition

Three institutional investors managing about $376 billion in combined assets have joined the UN's Portfolio Decarbonisation Coalition (PDC).

Renewables funds can help meet huge emerging market infrastructure needs, says LSEG

Renewable energy funds could be key to bridging the "colossal" green infrastructure financing needs of emerging market countries, according to David Harris.

Green bonds round-up, 14 December 2017

Nigeria to issue $30m sovereign green bond, Belgium waits in wings

Nigeria plans to issue a 10.69 billion naira ($30 million) green bond next week, and become the first African sovereign issuer.