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Tag: financing
World Bank Closes the Door on Coal Financing
2013-06-28 17:19:00| Climate Ark Climate Change & Global Warming Newsfeed
TckTckTck: From the leaked World Bank report: [The World Bank] will cease providing financial support for greenfield [new] coal power generation projects, except in rare circumstances where there are no feasible alternatives available to meet basic energy needs and other sources of financing are absent. As a powerful funder of global energy projects--the Bank spent $8.2 billion on energy projects in the 2012 fiscal year--this decision is pivotal for shifting global investments away from coal, one of the...
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Sahara Energy Plans $11MM Equity Financing
2013-06-28 09:00:00| OGI
Proceeds will be used for the acquisition of lands, exploration, development drilling, and working capital.
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energy
equity
financing
Waste-to-Energy Firm Enerkem Secures Additional Financing
2013-06-27 22:34:00| Waste Age
Waste-to-energy company Enerkem Inc. has obtained $47.7 million in additional financing to help fund its waste-to-biofuels projects. read more
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Whitecap Enters Financing To Fund Acquisition
2013-06-27 10:10:00| OGI
The company plans to buy light oil assets located predominantly in its core Valhalla and Garrington operated areas of Alberta.
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World Bank Plans to Limit Financing of Coal-Fired Power Plants
2013-06-27 08:38:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The World Bank plans to limit the financing it provides for coal-fired power plants to "rare circumstances" as part of the global financial body's efforts to address the impact of climate change. The move was detailed in a 39-page strategy document seen by Reuters. It came a day after US President Barack Obamaas part of a sweeping package of climate measuressaid that the United States would stop investing in coal projects overseas and called on multilateral banks to do the same. "The World...
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