News

• SolarCity's bond to 'open the gates' for solar securitisations

  15 November 2013

  SolarCity's $54 million bond issue will "open the gates" for other solar firms that want to tap the asset-backed security (ABS) markets, and could wipe as much as three percentage points off their borrowing costs, an analyst has claimed.

• KKR and Google join forces to invest in US solar

  15 November 2013

  Private equity giant KKR has partnered with Google to invest in a portfolio of US solar projects, in a deal understood to be worth $400 million.

• £780m Infinis float is at bottom of price range

  15 November 2013

  Infinis Energy, the renewables company run by private equity giant Terra Firma, has priced its London listing at the bottom end of the range it had hoped for, valuing the business at £780 million ($1.3 billion).

• SolarCity's $54m bond gets BBB+ preliminary rating from S&P

  14 November 2013

  SolarCity's planned $54 million bond issue has been given a low investment-grade preliminary rating by Standard & Poor's.

• Waste-to-energy market to grow 50% to $29bn by 2016, report claims

  14 November 2013

  The global waste-to-energy market is set to grow more than 50% to $29 billion by 2016, a respected consulting firm has forecast.

• EU allowance prices could reach €46 by 2020 - analyst

  13 November 2013

  Carbon allowances in the EU Emissions Trading System (ETS) could reach €46 ($62) by 2020, says a leading carbon market analyst.

• Funding shortage for clean-tech 'set to continue'

  13 November 2013

  The clean-tech sector is set to suffer a continuing shortage of capital, even though investors are becoming increasingly excited about companies that do not rely on subsidies, a conference heard.

• Norway's $800bn 'oil fund' faces calls to change structure and divest from coal

  12 November 2013

  Norway's $800 billion 'oil fund' could face a major shake-up of the way it implements its responsible investment strategy after a report recommended that politicians leave decisions on divestments to the country's central bank.

• Renewables subsidies to more than double by 2030, then decline – IEA

  12 November 2013

  Annual renewable energy subsidies will more than double globally to reach a peak of around $240 billion globally in 2030, the International Energy Agency (IEA) forecasts.

• Co-op Bank to spin off £500m renewables lending portfolio

  11 November 2013

  UK banking group the Co-operative Bank is planning to spin off its £500 million ($800 million) renewables lending portfolio through a "fund structure" which could seek a stock market listing.