News

• Belo Monte suspension lifted, nine lawsuits pending

  07 March 2011

  A suspension on construction and financing of the controversial Belo Monte dam in the Brazilian Amazon has been lifted.

• People moves

  04 March 2011

  The latest appointments at Citigroup, SAM, Société Génerale and more

• Weather risk platform snags $42m from Google, Khosla

  03 March 2011

  A weather risk management firm founded by ex-Google staffers has raised $42 million in a second funding round, including from Google itself and leading clean-technology venture investor Vinod Khosla.

• 'Global impact investment bank' starts raising capital

  03 March 2011

  A bold initiative to raise billions of dollars to support small and medium-sized companies and address areas of environmental and social market failures is being launched in London.

• Silver Lake teams with Soros for clean-tech venture

  03 March 2011

  Private equity firm Silver Lake and financier George Soros will team up to launch a venture to fund innovative companies in the energy and resource sectors.

• Ontario approves 40 renewable projects but no joy for offshore wind plans

  03 March 2011

  Ontario's clean energy sector received a boost last week with the approval of contracts for 40 renewable energy projects, representing nearly 900MW in energy capacity. However, offshore wind projects will miss out on assistance from the government's feed-in tariff (FIT) programme.

• BlackRock jumps into renewables infrastructure investment

  03 March 2011

  Investment management giant BlackRock has launched a new renewable power investment group, led by the CEO of Irish utility NTR – marking its first foray into renewable energy infrastructure investing.

• Suspension will be temporary for embattled Amazon dam - campaigners

  03 March 2011

  An order blocking construction of Brazil's Belo Monte dam will prove only a temporary victory, campaigners say, as they are expecting the decision to be overturned.

• Ecotricity: green bonds now 'permanent part' of corporate fundraising

  03 March 2011

  Green bonds are to become a permanent fixture of how UK renewable energy utility Ecotricity raises finance – although the UK government's review of its solar feed-in tariff could delay the next fund-raising.

• Money laundering scandal could finish off carbon trading – Barcap

  03 March 2011

  The EU's Emissions Trading Scheme (ETS) is the ideal environment for laundering money – and if such a scandal emerges, it will mean the end of the cap-and-trade programme, a leading investment banker has warned.