News

• Vasakronan returns to green bond market with SEK1bn issue

  14 March 2014

  Swedish real estate giant Vasakronan has issued a second green bond, raising SEK1 billion ($157 million), it has been reported.

• First World Bank euro-denominated green bond raises €550m

  14 March 2014

  The World Bank has issued its first benchmark sized green bond denominated in euros, in a "landmark" transaction that will help the European market scale up.

• Renewables IPOs to 'struggle' as London market reaches 'saturation point'

  13 March 2014

  Some of the latest attempts to list renewables vehicles on the London market will fail to get away, or raise as much capital as hoped, as investors warn that the supply of these products begins to outstrip demand.

• African Renewable Energy Fund raises $100m

  13 March 2014

  The African Renewable Energy Fund (AREF), which focuses on renewable energy projects in Sub-Saharan Africa, reached a first close yesterday, as it raised $100 million to invest in small- to medium-sized independent power producers.

• Renewable Energy Trust raises $125m for solar

  13 March 2014

  US financing platform, Renewable Energy Trust (RET) Capital, has raised $125 million to buy utility scale, commercial and industrial solar power generating assets.

• New advisory firm 'to boost secondary market in renewables'

  12 March 2014

  A new company – MegaWatt-X – has been launched to facilitate a secondary market in renewable energy assets.

• Standard Bank appoints new head of renewable energy

  12 March 2014

  Standard Bank has appointed Rentia van Tonder as head of renewable energy, power and infrastructure, based in Johannesburg.

• Moody's anticipates Aaa ratings for Toyota green bonds

  11 March 2014

  Moody's Investors Service has assigned provisional Aaa ratings to the bulk of a $1.25 billion issue of 'green' asset-backed securities expected to be issued soon by Toyota.

• AfDB issues its second green bond of 2014

  11 March 2014

  The African Development Bank (AfDB) has tapped the green bond market for the second time this year, after a SEK 1 billion ($153 million) issue was bought by Swedish investors.

• Irish wind plans 'in jeopardy' as link with UK slips away

  10 March 2014

  Plans to build onshore wind farms with up to 8GW of capacity in Ireland are set to be scrapped amid reports that a deal to export clean power to the UK is likely to fall through.