Tag: finance

Energy Transition’s Big Dollars and Big Themes

Energy Transition’s Big Dollars and Big Themes

February 16, 2022 |

Energy transition investment follows familiar patterns in global capital markets. Last year, energy transition and climate tech (renewable energy, energy storage, electrified vehicles and heating, hydrogen, nuclear power, sustainable materials and the carbon capture) attracted more than $900 billion. Energy transition investment alone reached $755 billion, up by a quarter over 2020 investment, double what was invested in 2015, and a more than 20-fold increase since 2004.

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U.S. Renewable Energy M&A: Review of 2021 and Outlook for 2022

U.S. Renewable Energy M&A: Review of 2021 and Outlook for 2022

February 9, 2022 |

In a year in which both global and U.S. M&A activity in aggregate reached record levels, renewable energy M&A contributed to the mix in terms of high deal volume and landmark transactions. The market for renewable energy assets, portfolios and platforms remained hot, despite industry headwinds that included disruptions to supply chains, trade developments that negatively impacted the sector and policy uncertainty.

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We have been stepping up our climate financing: ADB’s Masatsugu Asakawa

We have been stepping up our climate financing: ADB’s Masatsugu Asakawa

January 11, 2022 |

We must confront the uncomfortable truth that our region is a source of more than 50 per cent of annual global greenhouse gas emissions. It is clear that bold and urgent action is needed to combat the great challenges we face. For this, we must implement new and innovative policy solutions to ensure green, inclusive, and sustainable development. We have been stepping up our climate financing. We raised our ambition to provide 100 billion dollars in cumulative climate finance between 2019 and 2030.

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Silicon Ranch raises $775 million in new equity capital

Silicon Ranch raises $775 million in new equity capital

January 11, 2022 |

Silicon Ranch Corporation the solar platform for Shell in the US has raised $775 million in new equity funding.  Silicon Ranch intends to use the funds to continue executing its business plan, which includes building out its contracted pipeline and accelerating its customer-led growth strategy by developing new projects, entering new markets, and pursuing strategic acquisition opportunities.

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Finance for climate action is not on a par with the warming world

Finance for climate action is not on a par with the warming world

January 2, 2022 |

Overall, the majority of climate finance (61%, USD 384 billion) was raised as debt, of which 12% was low-cost or concessional. High shares of domestic flows dominated in Western Europe, US & Canada, and East Asia & Pacific, accounting for 76% of the global flows while, inversely, a higher share of international finance was observed in the developing regions of Sub-Saharan Africa and South Asia.

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Implementing the Clean Energy Investments in US Bipartisan Infrastructure Law

Implementing the Clean Energy Investments in US Bipartisan Infrastructure Law

December 30, 2021 |

The Build Back Better Act contains the heart of President Biden’s domestic agenda, including over $500 billion in climate and clean energy provisions that are necessary for the U.S. to meet its climate goals. While the fight for the Build Back Better Act is not over, we also must ensure that existing federal funds are put to the best decarbonization uses possible. In November, President Biden signed the $1.2 trillion Infrastructure Investment and Jobs Act, also known as the Bipartisan Infrastructure Law.

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KfW to raise around $90-96 billion through green bonds in 2022

KfW to raise around $90-96 billion through green bonds in 2022

December 23, 2021 |

German development bank Kreditanstalt für Wiederaufbau (KfW) is planning to raise $90.35 billion to $96 billion of funding in 2022, which will include at least $11.3 billion of green bond issuance. The majority of this finance will come from euro and US dollar benchmark bonds, with initial volumes ranging from $3.4 billion to $5.65 billion.

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India’s Clean Energy Investment Trends 2021

India’s Clean Energy Investment Trends 2021

December 23, 2021 | ,

The Clean Energy Investment Trends is a joint project of the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy Agency (IEA). By monitoring market activity and identifying market and financing trends, the Trends report seeks to provide a practical guide to stakeholders for understanding how the interaction between risks and regulations is shaping investment flows.

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Schroders to acquire 75 per cent stake in Greencoat for $474.09 million

Schroders to acquire 75 per cent stake in Greencoat for $474.09 million

December 22, 2021 |

Schroders, a London-based asset management firm, stated that it has agreed to pay $474.09 million for a 75 per cent stake in Greencoat Capital Holdings, a British renewables investor. Greencoat will become part of Schroders Capital, a private market branch of Schroders, as a result of this transaction. It will be known as be known as Schroders Greencoat.

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Sustainable finance taxonomy in Europe

Sustainable finance taxonomy in Europe

November 30, 2021 | ,

Lowering the ambition of the EU green taxonomy creates a cascading geopolitical risk. This briefing makes the case for ensuring that the economic activities included in the EU green taxonomy continue to be categorised in line with the principles set out in the Taxonomy Regulation, to avoid reputational damage for Europe, and the weakening of climate ambition internationally.

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GE and UKEF to finance 1.35 GW Turkish solar project

GE and UKEF to finance 1.35 GW Turkish solar project

November 18, 2021 |

GE Energy Financial Services and UK Export Finance (UKEF), the UK’s export credit agency have secured an agreement to fund Kalyon Enerji’s 1.35 GW Karapinar solar project in Konya Karapinar region. The solar power plant is Turkey’s largest solar facility, which is around 11 km long and 3 km wide. GE Energy collaborated with UKEF, which will guarantee a $291 million buyer credit facility, pending financial completion.

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India’s VRET raises $289 million in long-term financing round

India’s VRET raises $289 million in long-term financing round

November 16, 2021 |

India-based Virescent Renewable Energy Trust (VRET) raised Rs 10 billion ($134.4 million) in non-convertible debentures (NCD) its debut issuance , which was split into three tranches of three, five, and seven years. This is the first time a renewable energy InvIT has issued securities in India. As per a company statement,  the funds will mostly be used to refinance existing debt and support future acquisitions.

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Transition Finance in China’s Guangdong Hong Kong-Macau Greater Bay Area

Transition Finance in China’s Guangdong Hong Kong-Macau Greater Bay Area

November 11, 2021 | ,

The Transition Finance in China’s Guangdong Hong Kong-Macau Greater Bay Area report prepared by Climate Bonds Initiative discusses the principles that credible transition finance should adhere to and takes Guangdong-Hong Kong-Macao (GBA) Greater Bay Area – an important economic powerhouse for China –  as a case for studying the application of transition finance concerning the low-carbon transition.

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Energizing Finance in Ghana and Mozambique

Energizing Finance in Ghana and Mozambique

November 10, 2021 | ,

The Energizing Finance research series consists of in-depth primary research and analysis by Sustainable Energy for All (SEforALL) and partners that examines supply and demand for finance across two key areas of energy access: electricity and clean cooking. Taking the Pulse shines a light on both the volume and type of capital – debt, equity, grants and affordability gap financing – challenges to achieving universal access and recommendations on actions required to achieve SDG7.

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Energizing Finance in Vietnam

Energizing Finance in Vietnam

November 1, 2021 | ,

Taking the Pulse shines a light on both the volume and type of capital – debt, equity, grants and affordability gap financing – challenges to achieving universal access and recommendations on actions required to achieve SDG7. This Policy Brief is based on Taking the Pulse analysis for Vietnam.

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Green Capex in Infrastructure

Green Capex in Infrastructure

October 19, 2021 |

Increasingly we believe investors and broader stakeholders will look more closely at how much Green Capex is being funded and how funding, cost structure and innovation will impact execution towards Net Zero, Clean Water and broader Infrastructure goals. We expect Green Capex will primarily be funded by the private and public sectors, though for some products like residential solar, appliances and electric vehicles, individuals will play an important role.

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