Renewables
Renewables set to lose out as Energy Bill stalls in Senate
US Republicans have forced Democrat supporters of the Energy bill to drop a controversial tax provision that would have cut tax breaks to major oil companies in an effort to boost spending on renewables.
The future arrives for renewables
The emerging market in renewable energy futures is expected to lower the cost of financing renewables and smooth out the volatility often encountered when running intermittent renewable resources, such as wind and solar. Catherine Lacoursière investigates
Didier Giblet
Didier Giblet started out as a police investigator before moving into finance. The global head of energy and commodities trading at Fortis tells Roderick Bruce how an investigative mind has helped him in his career in energy trading
Amerex forms REC purchasing partnership with Aramark
Amerex Brokers has formed a partnership with professional services firm Aramark Corporation to provide clients with an array of energy services, including the purchase of renewable energy credits (RECs).
RWE to invest €1 billion per year in renewables; founds new company
German utility RWE has announced the creation of a renewable energy company, RWE Innogy, which will be backed by at least €1 billion of investment per year.
Andrew Polydor
Tullett Prebon Energy's managing director EMEA Andrew Polydor talks with Oliver Holtaway about his optimistic outlook and his competitive approach to charity auction dinners
Goldman Sachs invests in Nordic Windpower
Investment bank Goldman Sachs has made a “significant investment” in Nordic Windpower, a manufacturer of two-bladed utility-scale wind turbines.
Merrill Lynch introduces biofuels indices
Investment bank Merrill Lynch has introduced two indices designed to offer investors exposure to the fast-growing biofuels market.
TXU shareholders agree to $45 billion buyout
TXU shareholders have approved a merger agreement with Texas Energy Future Holdings Limited Partnership (TEF), which was formed by a group of investors led by private equity firms Kohlberg Kravis Roberts and Texas Pacific Group.
Climate Change Capital closes €200 million private equity fund
Climate Change Capital (CCC), an investment banking group dedicated to clean energy investments, has closed its private equity fund at €200 million.
S&P launches Nuclear and Alternative energy indices
Index provider Standard & Poor’s has today launched two energy-related investable indices, the S&P Global Nuclear Energy Index and the S&P Global Alternative Energy Index.
Van Eck goes nuclear at Amex
New York-based asset manager Van Eck Global has launched its Market Vectors Nuclear Energy ETF (exchange-traded fund) on the American Stock Exchange (Amex). It is the first ETF listed in the US that enables investors to gain exposure to companies…
Fortis and Enel sign 10-year wind deal
Fortis has signed a 1.1 million megawatt hour, 10-year financial fixed-price power purchase agreement with Snyder Wind Farm, a subsidiary of Enel North America
AES wind power blows into China
Global power company AES has announced plans to expand its wind generation business into China through the creation of a joint venture with renewable energy producer Guohua Energy Investment.
Evolution expands into global merchant banking
Evolution Markets Financial Services, a subsidiary of environmental market brokerage Evolution Markets, is set to expand its range of activities across global merchant banking within the environmental, energy and clean energy sectors.