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Giant investment bank taken over by hippie alarmists

2013-03-27 19:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: London-based HSBC is a banking and financial services company, very old and very large - the sixth largest public company in the world. Greenpeace it ain`t. So it`s striking that the latest report from the financial giant sounds strikingly like the hippie alarmism of a Bill McKibben, a Joe Romm, or a ... me. Then again, our hippie alarmism sounds a lot like the science surveys put out by the International Energy Agency, the World Bank, MIT, and the U.S. National Climate Assessment. So I guess...

Tags: bank investment giant investment bank

 

Green Investment Bank, Greencoat UK buy minority stake in Rhyl Flats wind farm

2013-03-25 01:00:00| Power Technology

The UK Green Investment Bank (GIB) and Greencoat UK Wind have each acquired a 24.95% stake in RWE Innogy's Rhyl Flats wind farm in North Wales.

Tags: buy green bank investment

 
 

Green Investment Bank provides first offshore wind backing

2013-03-22 11:22:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The Green Investment Bank (GIB) has spent 57.5m to take a 24.95 per cent stake in the Rhyl Flats offshore wind farm, marking its first direct equity investment in the fast-expanding industry. Offshore wind is one of the government-backed bank's four priority sectors to which 80 per cent of its 3bn of capital must be directed, the other priority sectors being, non-domestic energy efficiency, the Green Deal programme, and waste infrastructure. The 90MW Rhyl Flats wind farm is located eight...

Tags: green bank investment wind

 

Nordic Investment Bank to offer 44m loan for Klaipeda Port expansion in Lithuania

2013-03-14 01:00:00| Ship Technology

The Klaipeda State Seaport Authority has signed a 44m loan agreement with the Nordic Investment Bank (NIB) for the funding required to expand the Port of Klaipeda in Lithuania.

Tags: offer port bank investment

 

European Investment Bank considers legal action over hoax coal statement

2013-02-28 10:29:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The European Investment Bank (EIB) has said it is considering legal action after being targetted by a hoax email that falsely declared the bank would end investment in coal projects. The bank issued a statement yesterday confirming it had been victim of a hoax. "The EIB is aware that a fake press release on its energy policy has been issued today by a so-called Philippe Wallace who is neither an employee of the EIB nor is he working under the authority of the EIB," the statement read. "The...

Tags: legal action statement bank

 

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