Manufacturer hails loan extension, Japanese firm claims to halve finance costs via green debt structure, Indian player bags US$300m from top financiers.
Nedbank Limited has become the first private sector institution in South Africa to issue a Climate Bonds Certified Renewable Energy Bond.
Land acquisition, corruption and short-termism complicate scaling up solar and others with the speed required by climate change, London event hears.
IFC, ADB anchor green bond structure meant to fund 5GW-by-2025 renewable goal of Philippines player, with PV plants under construction in Vietnam.
Three development banks have made a combined investment of US$425 million to a fund that will invest in green bond issuances by financial groups in emerging sectors.
Nine of Europe’s industrial power giants and most prominent green bond issuers have clubbed together to put green bonds - mechanisms that are beginning to draw huge traction worldwide - at the heart of their financing strategies.
Indian Railways Finance Corporation has issued its inaugural green bond on behalf of Indian Railways — the world’s fourth largest rail network.
Green bond issuance in 2017 has surpassed the US$100 billion milestone, marking a new record, according to Climate Bonds Initiative (CBI) data.
Investment company Hannon Armstrong has issued US$163.75 million in green bonds to support an extensive portfolio of PV projects located across the US.
A new report from the Climate Bonds Initiative noted that the Brazilian green bonds market has now reached US$3.67 billion.
China-based independent PV power producer GCL New Energy (GCLNE) has completed the placement of an initial non-public Green Bond, raising RMB 375 million (US$55.8 million).
Azure Power Energy, a wholly owned subsidiary of Indian independent solar power producer Azure Power Global, will issue an inaugural US$500 million green bond offering, maturing in 2022.
The World Bank’s IFC has invested INR6.67 billion (US$103 million) in L&T Infrastructure Finance Company to help finance solar PV in India.
Three major development banks have joined major Indian private sector financier Yes Bank and signed a charter to mobilize green investments in India.
French energy company ENGIE announced Wednesday that it has issued its second green bond, worth approximately US$1.6 billion. The company announced that it will use the bond to grow its development strategies in renewable energies and energy efficiencies.