UltraTech Raises $500M to Advance Sustainability and ESG Goals
This transaction marks its second sustainability-linked financing, following its inaugural bond issuance of $400 million in 2021.
Energix, Google Ink Long-Term Renewable Energy Agreement
Carbon credits are critical for technology giants like Google, as they use them to power their rapidly expanding data centers and drive artificial intelligence.
SEBI to Widen Scope of Sustainable Finance Through ESG Debts
This category will include social bonds, sustainable bonds, and sustainability-linked bonds, in addition to the current green debt securities.
UAE’s Etihad Rail Launches Sustainable Finance Framework for Green Investments
This framework aims to facilitate the issuance of green bonds, which will be instrumental in securing funds for lower-carbon infrastructure projects such as clean transportation, green buildings and pollution control.
World Bank Issues $225M Bond to Fund Amazon Reforestation
The 2033 bond provides investors with a coupon that includes a fixed guaranteed component and a variable component linked to the generation of carbon removal units from reforestation projects in the Amazon rainforest regions of Brazil.
Qantas, Rio Tinto, BHP to Invest $53M in Australian Carbon Credit Fund
The fund, managed by Silva Capital — a joint venture between Roc Partners and C6 Investment Management — aims to raise AU$250 million to generate and manage Australian Carbon Credit Units from reforestation initiatives.
Gruner Renewable Energy Bags $60 Million for CBG Expansion
The company plans to leverage this funding to set up new compressed biogas (CBG) plants across India and also to boost research and development efforts.
Cyan Renewables Acquires MMA Offshore in $726 Million Deal
MMA shareholders will receive A$2.70 per share in cash, representing a premium of 36% over the stock’s 90-day average price.
India Making Strides in Climate Action: Forests to Absorb More Carbon; Economic Survey
The country’s GDP grew at a healthy 7% rate between 2005 and 2019, while emissions increased at a slower pace of 4%.
Promoter Infuses 900 cr; Inox Wind to Become Debt-Free
This strategic move will significantly strengthen the company’s financial position and accelerate its growth trajectory.