Banking consortium backs Scottish battery project with £245m package
The deal, underwritten by CIBC, MUFG and NatWest, will support construction of a 500MW energy storage facility
Renewables
Trump’s trade war unintentionally accelerated Toronto’s energy transition
A trail of city council documents reveals Mayor Chow’s push for electrification in response to US protectionism
The war in Iran is bolstering the case for renewables-led electrification
EC President Ursula von der Leyen has called for accelerating electrification amidst a deepening energy crisis, with European investors now identifying electrification as an opportunity to enhance resilience
Passing the climate baton: how Asia picks up the pace on net zero
New data from SBTi and IRENA show rising net zero targets and renewable energy adoption
Beyond generation: the next frontier for European renewable infrastructure investing
From grids and storage to mid-market opportunities, the opportunity set is evolving alongside growing investor interest
Australian Ethical expands private markets climate solutions portfolio
CEFC has invested $88m in the Growth Opportunities Fund, alongside Australian Ethical’s $352m seed commitment
TotalEnergies abandons US offshore wind, redirects $1bn to oil and gas
French energy major Total Energies has abandoned its offshore wind plans in the US and is instead planning to expand investments in LNG, follwing an agreement with the Trump administration
Capital Dynamics’ new solar farm to benefit from British government-backed contracts
The UK’s latest Contracts for Difference (CfD) auction round had a record high procurement of solar energy
UK pension funds looking to sharpen, not scrap, transition investing
Investors expect a returns-led recalibration of their climate investment strategies
UK government backs renewables push amid energy crisis
Pensions Minister Torsten Bell stressed the role of home grown clean energy in de-risking energy supply and building energy security
‘Renewable energy stocks outperformed oil and gas’, Goldman Sachs tells Oregon’s $101bn public pension fund
The advice fed into a meeting convened by Oregon Investment Council to review the Public Employees Retirement Fund’s investment outlook
Norges Bank, BCI, Brookfield launch $2.6bn renewable energy joint venture
NBIM will invest $425m for a 33.3% stake in Northview Energy, expanding private markets renewable energy portfolio
Denmark’s Impact Fund expects doubling of pensions capital invested in Indian renewables developer
Danish pension funds, who backed Indian renewable energy company CleanMax, are set to reap strong returns from its IPO