Air Liquide partners with Rothschild & Co and the Solar Impulse Foundation (“SIF”) to launch a 200 million euro growth, buyout & late stage venture investment fund. This vehicle’s strategy will be to scale up companies that develop environment-friendly solutions. Early this year, the Solar Impulse Foundation announced that it had identified more than 1,000 […]
Vena Energy Signs a JPY 53BN Sustaninability – Linked Revolving Credit Facility
Vena Energy, Asia-Pacific’s leading renewable independent power producer (IPP), announced today that it has signed its first sustainability-linked Revolving Credit Facility (RCF) of JPY52.8 billion (approximately US$500 million) from eight lenders including BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho. ING Bank and BNP Paribas acted as joint […]
Ark’s Wood Says Bitcoin ESG Push Makes Solar More Appealing
The value of bitcoin, the world’s largest cryptocurrency, has dropped approximately 30% this month due in part to concerns that its negative environmental impacts will discourage companies from adopting it. New York: A push toward relying more on renewable energy for bitcoin mining could make the underperforming solar industry more attractive, star fund manager Cathie […]
New Solar System Installed At Family Centre
BE Solar partnered with Aeolus Capital Management to install a solar system for the Family Centre headquarters in Pembroke, and they noted that the solar system “will help the charity save over $4,800 each year by relying less on fossil fuel electricity.” A BE Solar spokesperson said, “Local solar company, BE Solar, has partnered with […]
Air Liquide Successfully Launches its First Green Bond Issue by Raising 500 Million Euros
Main characteristics are as follows: Amount: €500 million Issuer: Air Liquide Finance, guaranteed by L’Air Liquide SA Settlement: May 27, 2021 Maturity: May 27, 2031 (10 years) Format: Fixed rate, repayment at maturity Coupon: 0.375% p.a. Air Liquide has successfully launched its first green bond issue, by raising 500 million euros which will be dedicated […]
Why Hydrogen is Starting to Get the Green Light in Global Renewables
RECAI 57: we examine initiatives in different regions to find out how low-carbon hydrogen might be used in pursuit of net zero. Green hydrogen is seen by investors, developers and politicians as an enabler to meet net-zero targets. With its vast domestic market, large state-owned companies and abundant renewable resources, China could become a green […]
TIM and Orange Make Renewable Power Commitments
TIM subsidiary Telenergia has signed a 10-year agreement for 3.4 Terawatt-hours (TWh) of green energy to power operations from 2022 to 2031. Meanwhile, Orange has set out its plan to deploy solar power for its operations across the MEA region. TIM’s power requirements will be met by ERG’s wind farms and will account for more […]
SK E&C to Invest 300 Bil. Won in ESG Projects Abroad
SK Engineering & Construction (SK E&C) has recently decided to create a corporate partnership (COPA) fund with a private equity fund (PEF) company to invest in overseas ESG projects. The builder has sent requests for bidding proposals (RFPs) to several PEF management companies. The size of the fund is estimated at 300 billion won. It […]
On target: How to succeed with carbon-reduction initiatives
McKinsey research reveals which industries are on track to meet green objectives and how they got there. The argument for global companies to reduce their greenhouse-gas (GHG) emissions is clearer than it has ever been: Business operations around the world are now subject to greater climate and transition risks. Consumers are clamoring for eco-friendly products […]
Samsung’s ‘Solar Cell Remote Control’ Becomes Icon of its ESG Management
SEOUL : Samsung Electronics Co’s ‘solar cell TV remote control’ is gaining attention as public awareness towards environmental protection is on the rise. It is becoming an iconic figure that symbolizes the company’s environmental, social and corporate governance (ESG) management. The solar-charging remote control doesn’t require any battery, since it can be recharged not only […]