UK
Railpen-backed AGR Renewables expands UK footprint with new debt financing
The integrated renewables platform is set to deliver 1GW in capacity by 2027
UK investors turn to renewables amidst Iran war
New UKSIF poll shows 87% expect investments in renewables to rise
Britain’s DB schemes increase allocation to climate aware funds
New research from XPS shows larger schemes translate net zero targets into investment strategies
Energy crisis impact dominates Shell AGM
The surge in oil and gas prices as a result of the closure of the Strait of Hormuz left its mark on today’s Shell AGM with investor support for greater climate risk planning dropping
Why the UK’s North Sea cleanup could become a key investment opportunity
The UK’s energy transition is bringing growing attention to the huge cost of dismantling North Sea oil, gas and nuclear infrastructure—costs that could pose risks for investors but also create new long-term investment opportunities
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
Pension funds consult members on climate investing
Pension funds, including Dutch Pensioenfonds Detailhandel and British DC fund Nest, are increasingly consulting members as they navigate competing pressures over climate investing and fiduciary duty.
BP’s new CEO faces shareholder rebellion
BP suffered a significant shareholder revolt at today’s AGM, with more than half of shareholders voting to prevent the firm's attempts to ease climate reporting standards
LGPS funds face £8bn private markets loophole to fossil fuel divestment pledges
While many of the UK’s LGPS funds have pledged to divest from fossil fuels, they continue to fund oil and gas through their private market holdings, an investigation has revealed
ACCR’s BP AGM speech: the case for capex transparency
Ahead of BP's AGM, ACCR's Sarah Brewin warns that voices of critical investors are being silenced and sets out why the group has co-filed a resolution demanding greater transparency on BP's capital allocation strategy
Mind the gap: more than half of the world’s largest emitters fail to disclose their green capex
New data highlights transition investment disclosure gap in hard-to-abate sectors
UK National Wealth Fund to invest £599m in nuclear SMR technology
The financing package is aimed at delivering three Rolls-Royce small modular reactors with a combined capacity of over 1GW