News

  • Shareholders moving behind TEP, Leaf merger

    17 December 2009

    Another listed carbon trader could be set to disappear, with investors representing a majority of shares in Trading Emissions Plc (TEP) and Leaf Clean Energy backing management plans for a merger.

  • Impax unveils US distribution deal and new funds

    17 December 2009

    UK-based environmental investor Impax Asset Management has announced a distribution agreement with Milwaukee-based Titanium Asset Management, and two funds aimed at the US market.

  • Soros proposes $100bn climate fund

    10 December 2009

    Billionaire financier George Soros has proposed that developed countries create a $100 billion climate fund, drawn down from existing currency reserves, to kick-start forestry and land-use projects in developing countries.

  • ATP to launch €1bn climate fund

    10 December 2009

    Denmark's largest pension fund, ATP, is setting up a €1 billion ($1.5 billion) fund to address climate change in emerging economies – and is inviting other institutional investors to join.

  • China second most attractive country for renewables investment

    10 December 2009

    China is second only to the US as the most attractive country to invest in renewable energy projects, according to consultancy Ernst & Young.

  • Impax assets surge on environmental investment boom

    10 December 2009

    Environmental investment manager Impax saw its assets under management grow 15% to £1.26 billion ($2.30 billion) in the year ending 30 September 2009. The growth has continued since then, with assets reaching £1.42 billion on 30 November.

  • Commission backs six sites for carbon capture and storage

    10 December 2009

    The European Commission has named the six carbon capture and storage (CCS) projects that will receive a share of the €1.05 billion ($1.55 billion) in funding from the €4 billion set aside for energy projects in the EU economic-stimulus package.

  • Europeans to co-operate on offshore wind grid for North Sea

    10 December 2009

    Nine European countries have signed an agreement to co-operate on an electricity grid in the North Sea and Irish Sea, to connect up offshore wind farms and help the EU meet its target to source 20% of energy from renewables by 2020.

  • Hudson clears $1bn for clean energy fund

    05 December 2009

    Private equity firm Hudson Clean Energy has closed its first fund at just over $1 billion, bucking a challenging fund-raising environment.

  • Doubts build over US Senate climate bill

    05 December 2009

    The future of federal climate legislation in the US is heavily intertwined with the success of international negotiations in Copenhagen as doubts emerge about the Senate's ability to pass a bill in early 2010.