Investment

KKR teams up with HASI to launch $2bn US clean energy fund

Rise in net zero targets not matched with credible transition plans, LGIM says

An increase in the number of companies which have set targets to reach net zero greenhouse gas emissions has not been matched by a rise in "credible" climate transition plans, Legal & General Investment Management (LGIM) says.

Turk Telecom readies $500m sustainability bond debut

Turk Telecom is preparing to raise up to $500 million from its inaugural sustainability bond, which would make it the first Turkish telecommunications firm to enter the sustainable bond market.

Barclays shareholders call for stronger fracking stance

A group of Barclays shareholders has published a letter demanding the bank close loopholes in its energy policy that allow it to finance fracking activities.

'Significant' sustainable sukuk growth potential as 2024 starts strongly

Sustainable sukuk issuance in the first three months of 2024 reached record levels after a ground-breaking 2023 for issuance, and market experts argue greater market confidence is set to support the further growth potential for the sustainable Islamic bond market.

Santander loans €300m to TPG Rise-backed renewables business

TPG Rise Climate backs US renewables storage business

Ecology restoration tech firm raises $15.7m

Triodos and Fondaction launch natural capital partnership

Abris exits Scanmed following ESG improvements

Actis-backed Nozomi Energy wins two Japanese BESS projects

Eiffel and Aream launch German energy transition fund

SDCL's UK solar portfolio sold for £90.8m

Fidelity launches social and sustainable bond funds

Fidelity International has launched two sustainable bond funds, including one focused on social bonds.

Kenya planning $500m sovereign SLB in 2024

Kenya is planning to raise $500 million from a ground-breaking sovereign sustainability-linked bond (SLB) in late 2024.