Michael Hurley

Green bonds round-up, 6 December 2017

Foresight launches UK fund to exploit infrastructure opportunity

A fund looking to exploit the 'stable and predictable demand' in UK renewable energy and infrastructure investments, with a target size of £100 million ($135 million), has been launched by Foresight Group.

Macquarie negotiating debt deal in world's largest biomass plant

Macquarie Group is understood to be in discussions with a consortium of Korean investors to introduce mezzanine debt to the construction of the world's largest biomass power plant.

UK's Brunel Pension Partnership joins IIGCC

The Brunel Pension Partnership has become the first of the UK's eight pooled local government pension schemes to join the Institutional Investors Group on Climate Change (IIGCC).

Green Investment Group enters energy-efficiency-as-a-service market

The Green Investment Group (GIG) has launched a 'pay-as-you-save' energy efficiency service, which has no upfront costs, for medium to large energy consumers in the UK.

Canada Pension Plan to buy up ReNew shares with an eye on IPO

Canada Pension Plan Investment Board (CPPIB) is positioning itself to acquire a stake of about 15% in Indian solar and wind company ReNew Power before the renewables company's initial public offering in 2018.

Green bonds round-up, 29 November 2017

The latest green bond from New York's Metropolitan Transportation Authority (MTA) reached $2.021 billion, confirming it as the largest ever municipal green bond.

RGGI regulatory change drives 'dramatic surge' in allowance prices

A 49% increase of the price of allowances in the Regional Greenhouse Gas Initiative (RGGI) carbon market in Q3 is a direct result of regulatory reform to lower the number of available allowances, a study suggests.

£100m UK sustainability fund looks to seize Brexit opportunity

A fund aiming to invest £100 million ($134 million) in UK sustainability projects has been launched to try to exploit post-Brexit opportunity in the country, with backing from the co-founder of Hargreaves Lansdown.

Thames Tideway 'super sewer' issues £450m green bonds

£450 million ($599 million) worth of green issues from London 'super sewer' developer Tideway has helped it overtake Unilever as the largest corporate issuer of sterling-denominated green bonds.