News

• Investors push for new ESG listing rules

  27 March 2014

  An initiative backed by more than 100 institutional investors has been launched this week, pushing for standardised sustainability reporting across all stock exchanges.

• SSE to slash investment in UK wind farms

  26 March 2014

  Scottish and Southern Energy (SSE) has today said it would abandon proposed investments in four offshore wind projects and two onshore wind projects in the UK.

• John Laing gets its £160m renewables IPO away

  26 March 2014

  UK infrastructure company John Laing succeeded in publicly listing a renewables fund today, although it took a larger-than-previously-expected stake in the £160 million ($262 million) offering.

• Banco Pine secures $115m loan for renewables funding

  26 March 2014

  Banco Pine has secured a $115 million loan from the Inter-American Development Bank and Commerzbank, which it will use to fund renewables projects in Brazil.

• Green bond raises $232.5m for Swedish firm SCA

  26 March 2014

  Swedish consumer goods company SCA has issued its first green bond, raising SEK1.5 billion ($232.5 million).

• US utilities join forces to develop solar projects

  25 March 2014

  Two leading developers of renewable energy in the US – Sempra US Gas & Power and Consolidated Edison (ConEdison) Development – are to work together to develop five solar projects in California and Nevada, with a combined capacity of 360MW.

• SolarCity raises $250m for US solar

  25 March 2014

  SolarCity has secured $250 million in debt to develop further rooftop solar projects, it has announced.

• NEC to buy energy storage firm A123 for $100m

  25 March 2014

  NEC Corporation is to acquire A123 Energy Solutions for $100 million, in a move the Japanese conglomerate said would make it a leader in lithium-ion energy storage systems.

• Losses increase, NAV falls at Trading Emissions

  25 March 2014

  Trading Emissions Plc (TEP), a London-listed environmental investment fund, has reported a £19.8 million ($32.7 million) loss for the first half year.

• Enel Green Power agrees €153m loan with Santander for wind

  25 March 2014

  Italian renewables group Enel has signed a €153 million ($211.4 million) loan agreement with Banco Santander to finance further wind farms in Mexico.