COMPANY NEWS Lazard Asset Management takes stake in rooftop solar companyRooftop solar developer and owner Shawton Energy has seen a change in ownership. Iona Capital, the UK low carbon sustainable fund manager, has sold its interest in the company to a fund sponsored by Lazard Asset Management. As a result of the transaction, Lazard’s Sustainable … Read More
The whole spctrum of the energy transition in one week: Renewables – storage – smart grids – hydrogen planes – ethical investing – biodiversity & carbon credits – air pollution plus more. COMPANY NEWS Adaptogen’s battery fund nets £207m, over-subscribed by 18%Adaptogen Capital said this morning it has attracted £207 million of investors’ pledges to … Read More
Lancea LLP has worked with Regenerate Asset Management so are delighted to see the announcement of the launch of the fund. We feel that there is scope for the further development of agriculture as an asset class and the increasing development of regenerative practises should accelerate this. COMPANY NEWS Regenerate launches first European regenerative agriculture … Read More
The top two stories suggest that there is a reasonable secondary market in renewable assets. More mature projects being sold into long term funds. That is encouraging. COMPANY NEWS NextEnergy Solar Fund to sell some PV farms to invest in storageNextEnergy Solar Fund has announced plans to sell a 236MW portfolio of subsidy-free UK solar … Read More
Here is a question for you: what do the following companies have in common: Deutsche Telekom, Porsche, Inditex, Currys, WPP? Answer: They all came in the top ten in this year’s FT’s Climate Leaders list, that compares emissions reductions across a number of metrics. See the whole list HERE COMPANY NEWS Musk says Tesla will … Read More
Everyone has a view on Elon Musk, he’s hard to ignore. But I do like the description of him by Charlie Munger as “gifted but weird”. Charlie has earned the right to his views as it was him who suggested to Warren Buffet that he invest in $232m in a then unknown Chinese battery company … Read More
COP27 continues to debate the EU’s late arriving proposal on a loss and damage fund, so we shall have to wait on that, the most important decision at this year’s summit. In the meantime the UK’s Autumn statement is with us, and with it the expected windfall tax on electricity generators. General consensus seems to … Read More
I keep trying to peddle good news stories here, yet the politicians seem determined to undo it all. COMPANY NEWS UK pension funds buy 12.5% Hornsea 1 stakeOctopus Energy Generation and GLIL Infrastructure have acquired a 12.5% stake in UK offshore wind farm Hornsea 1 from Global Infrastructure Partners.Octopus made a £200m investment on behalf … Read More
My wife showed me a piece this week in Remodelista about a gorgeous off-grid hut in Majorca HERE which included a novel power system: In fact the architect, Mariana de Delás makes an interesting point: the wheelbarrow contains power banks which run all electrical requirements in the hut, which involves wheeling the power to the user.. … Read More
So, we have survived the Spring Statement, which could have been better but could have been worse. Now we need to see some proper green initiatives with money backing them from the Energy Security Strategy. Now that we can get loans and zero VAT for domestic heat pumps, I thought a quick buyers guide might … Read More
