News

  • Connecticut lawmakers give thumbs up to green bank, bonds for energy retrofits

    09 June 2011

    Connecticut lawmakers have passed comprehensive energy legislation establishing the first state-level green bank in the US and allowing the creation of municipal bond programmes to pay for energy retrofits, albeit with a key modification to avoid the wrath of federal regulators.

  • Corporate green bonds in the pipeline, following flurry of issues

    09 June 2011

    Investment banks are preparing at least three sizeable corporate green bond issues, as interest in the asset class builds, while the last few weeks have seen a flurry of bonds sold by multilateral development banks.

  • Biodiversity offset schemes to be piloted by UK government

    09 June 2011

    The UK government is looking for local authorities, developers and conservation groups to pilot biodiversity offset programmes as part of an effort to better protect the UK's 'natural capital' – but observers question whether local authorities have the resources to take the lead.

  • US clean energy target: casualty of nuclear meltdown

    09 June 2011

    The nuclear disaster in Japan has killed the chances for a US clean energy standard (CES), according to a top Congressional staffer.

  • Huaneng rebounds with $800m IPO

    09 June 2011

    Chinese wind firm Huaneng Renewables has bounced back from last year's shelved fundraising attempt to raise as much as HK$6.2 billion (US$800 million) in an initial public offering (IPO) ahead of joining the Hong Kong bourse this Friday.

  • Most firms failing on water risk management – report

    09 June 2011

    A vanishingly small proportion of large companies are adequately managing risks posed by water shortages, drought and pollution, according to research by EIRIS.

  • NOx control sales seen hitting $7.6bn

    07 June 2011

    The global market for technology and chemicals used to control emissions of nitrogen oxides is forecast to reach $7.6 billion this year.

  • Shell, Cosan launch $12bn ethanol venture

    07 June 2011

    Shell has combined forces with Brazilian ethanol company Cosan and launched a $12 billion joint venture, named Raizen, in one of the biggest biofuel deals to date.

  • Terra-Gen raises $631m for US's largest wind farm

    07 June 2011

    Renewable energy developer Terra-Gen Power has raised $631 million financing for the largest wind farm in the US.

  • KKR blows into French wind

    07 June 2011

    Kohlberg Kravis Roberts & Co (KKR) has formed a joint venture with an Italian developer to tap the French wind market, in the private equity giant's first European renewables investment.