News

  • S&P warns insurers about increasing frequency of extreme weather events

    19 May 2014

    Weather volatility is rising and further increases in the severity and number of extreme events could trigger ratings downgrades for insurance and reinsurance companies, ratings firm Standard & Poor's said.

  • KfW and Helaba finance Canadian onshore wind farms

    19 May 2014

    German wind farm developer wpd has announced the financial close of a public-private fundraising round to enable the construction of two new projects in Canada.

  • Clean energy accounts for 30% of EBRD investments

    19 May 2014

    Almost 30% of investments by the European Bank for Reconstruction and Development (EBRD) last year were for renewable energy, energy efficiency and other responses to climate change.

  • African renewables company gets KfW backing

    19 May 2014

    German development bank KfW has teamed up with a Swiss asset manager to launch a renewables company focusing on sub-Saharan Africa.

  • Foresight agrees £100m solar loan facility

    19 May 2014

    Foresight Solar Fund has agreed a £100 million ($168.2 million) debt facility to help fund its plans to double its operating capacity over the next 12 months.

  • Climate change is a 'mega-trend' threatening sovereign ratings - S&P

    16 May 2014

    Climate change has joined 'ageing populations' as a global mega-trend that threatens to impact sovereign risk, according to rating agency Standard & Poor's.

  • S&P 500 increasingly conscious of climate risks, says CDP

    16 May 2014

    US public companies are increasingly feeling the impact of climate change on profit and operations, according to the CDP – formerly known as the Carbon Disclosure Project.

  • Agri firm raises $11m for 'sustainable' animal feed firm

    16 May 2014

    A nutrient recycling company has raised $11 million to build the world's first fly farms, which will breed maggots to be used as environmentally friendly animal feed.

  • Georgian Co-Investment Fund makes first acquisition, $98m hydro project

    16 May 2014

    The Georgian Co-Investment Fund (GCF) has made its first investment, acquiring a hydro venture in Georgia for $98 million.

  • Sunrun raises $150m in equity

    16 May 2014

    Rooftop solar leasing firm Sunrun has secured $150 million in its latest round of equity fundraising.