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Cubico acquires two Spanish solar plants
27 July 2017Renewables investment firm Cubico has added 98.8MW to its portfolio of solar assets with the purchase of the Andasol 1 and 2 power plants in Spain.
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BlackRock and Lightsource to create £1bn solar portfolio
27 July 2017Asset manager BlackRock and UK-based solar energy firm Lightsource have agreed to jointly create a £1 billion ($1.3 billion) portfolio of solar power assets in the UK.
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Green Bond round-up, 26 July 2017
26 July 2017IFC to issue first 'Kauri' New Zealand green bond
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Union Investment grows sustainable funds to €30bn
26 July 2017German investment manager Union Investment has grown the assets in its sustainable funds to €30 billion ($34.9 billion), an increase of about €9 billion on 2016.
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UK university pension fund buys into Thames Water
25 July 2017The Universities Superannuation Scheme (USS) pension fund has bought a 10.9% stake in Thames Water's holding company.
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'Big four' Australian banks slammed for fossil fuel backing
25 July 2017Australia's 'big four' banks have invested AUD17 billion ($13.5 billion) in fossil fuel extraction projects since they committed to keep global warming to well below 2°C, Australian environmental pressure group Market Forces has said.
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CDP report says Vedanta "markedly out of line" on climate risk
25 July 2017A CDP report says as much as $16 billion in emissions costs is being generated in the value chains of mining giants, including Vedanta Resources and Freeport McMoRan, as they fail to manage their own climate risk.
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UK's £246m plans to jolt battery industry into life
24 July 2017The UK Government plans to jolt new life into its battery storage industry, with a £246 million ($320 million) investment to make it a world leader.
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Foresight purchases second UK battery storage facility
24 July 2017UK-based investment manager Foresight has acquired a 10MW battery storage project, adding to its expansion in the sector after the purchase last month of a 35MW facility in north-east England.
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Luxembourg reserve pension fund plans green bond fund
21 July 2017Luxembourg pension reserve fund Fonds de Compensation (FDC) plans to launch a pair of sub-funds, for green bonds and 'positive impact' equities, respectively.