Institutional Investors

IEEFA Research

IEEFA Report: U.K. Pension Funds Can Benefit Now From Renewables Infrastructure Play

Growth and Proven Returns in a Rapidly-Expanding Sector

Nov.15, 2017 — A new report by HSBC Global Asset Management and the Institute for Energy Economics and Financial Analysis (IEEFA) finds that U.K. pension funds can benefit now from investing in domestic and overseas renewable energy infrastructure. Commissioned by the City of London Corporation’s Green Finance Initiative, the report, “The Renewable Energy Infrastructure Investment […]

November 14, 2017 Read More →
IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

New Emissions Rules Loom Large Across EU; Gas-Fired Generation and Renewables Present Better Investment Opportunities; Major Utilities Are Out of Step With Markets

October 25, 2017 (IEEFA.org) — A research paper published today by the Institute for Energy Economics and Financial Analysis finds that plans by Enel Group’s Spanish-subsidiary Endesa to sink €400 million into upgrading three aging coal-fired plants is a likely loss-making proposition under new European Union emission-control rules. The report—“How European Utilities Can Capitalize on […]

October 26, 2017 Read More →

More News and Commentary

Institutional Investors Move Toward Bigger Stakes in Renewables and Clean-Energy Infrastructure

S&P Global Market Intelligence: A number of investors are positioning themselves to make big investments in the coming years to tackle climate change risks and help nations and local governments slash greenhouse gas emissions in line with the goals of the Paris Agreement on climate change. Participants at a Jan. 31 Investor Summit on Climate […]

February 2, 2018 Read More →

BlackRock Puts CEOs on Notice: The Environment Matters

Business Insider: BlackRock CEO Larry Fink just sent a warning shot to CEOs across the world: start accounting for the societal impact of your companies, or risk disappointing the largest asset manager in the world. In a letter to CEOs of public companies, Fink, whose firm manages $6.3 trillion in assets, said that companies needed to […]

January 17, 2018 Read More →

Tax Reform May Slow Renewable Deals in U.S.

Bloomberg: PosiGen Inc. was close to finalizing terms on a $100 million financing deal. Then Congress passed President Donald Trump’s tax-reform plan. “We just lost $100 million in tax equity last week,” Thomas Neyhart, chief executive officer of the Louisiana rooftop solar installer, said in an interview. PosiGen is one of many companies that are suddenly […]

January 16, 2018 Read More →

Green Bonds Hit Record Total $155 Billion In 2017

Reuters: LONDON—Global green bond issuance hit a record $155.5 billion in 2017, surpassing previous estimates, and could reach $250 billion-$300 billion this year, research from the Climate Bonds Initiative (CBI) shows. Issuance last year was 78 percent higher than 2016’s $87.2 billion and well above the CBI’s estimate in December of $130 billion. The United […]

January 11, 2018 Read More →

NYC Pension Funds To Divest Fossil Investments

AP: New York City officials are citing climate change as their motivation to join a growing number of investors ridding themselves of financial interest in fossil fuels. Democratic Mayor Bill de Blasio and Comptroller Scott Stringer are set to announce plans on Wednesday to divest the city’s five pension funds of roughly $5 billion in […]

January 10, 2018 Read More →

IEEFA Report: U.K. Pension Funds Can Benefit Now From Renewables Infrastructure Play

Growth and Proven Returns in a Rapidly-Expanding Sector

Nov.15, 2017 — A new report by HSBC Global Asset Management and the Institute for Energy Economics and Financial Analysis (IEEFA) finds that U.K. pension funds can benefit now from investing in domestic and overseas renewable energy infrastructure. Commissioned by the City of London Corporation’s Green Finance Initiative, the report, “The Renewable Energy Infrastructure Investment […]

November 14, 2017 Read More →
IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

IEEFA Report: Endesa’s Plan to Upgrade Aging Spanish Coal Plants Puts €400 Million in Shareholder Wealth at Risk

New Emissions Rules Loom Large Across EU; Gas-Fired Generation and Renewables Present Better Investment Opportunities; Major Utilities Are Out of Step With Markets

October 25, 2017 (IEEFA.org) — A research paper published today by the Institute for Energy Economics and Financial Analysis finds that plans by Enel Group’s Spanish-subsidiary Endesa to sink €400 million into upgrading three aging coal-fired plants is a likely loss-making proposition under new European Union emission-control rules. The report—“How European Utilities Can Capitalize on […]

October 26, 2017 Read More →

Steep Losses for Prominent Institutional Investors in Collapse of $2 Billion Oil and Gas Fund

Wall Street Journal: A $2 billion private-equity fund that borrowed heavily to buy oil and gas wells before energy prices plunged is now worth essentially nothing, an unusual debacle that is wiping out investments by major pensions, endowments and charitable foundations. EnerVest Ltd., a Houston private-equity firm that focuses on energy investments, manages the fund. […]

July 17, 2017 Read More →

IEEFA Op-Ed: To Avoid Heavy Losses, Insurance Companies Must Wake Up to Risks of Fossil Fuel Projects

Some Insurance Giants Have Divested from Coal, Yet Sector Continues to Underwrite Coal Projects and Fails to Ask the Right Questions

Insurance underpins our industrial society. Without prudent risk management by the insurance industry, no high rise can be built and no major factory can be operated. Taking a long-term view on risk, insurance companies have warned about the impacts of global warming and encouraged climate action since the 1970s. Their far-sighted position is not purely […]

July 13, 2017 Read More →

California Pension Fund Pushes Kinder Morgan to Disclose Climate-Change Portfolio Risk

Law360: The California Public Employees’ Retirement System on Thursday threw its weight behind a shareholder proposal urging Kinder Morgan Inc. to disclose the risks posed to its business by global efforts to combat climate change, a proposal opposed by the oil and gas infrastructure giant’s board of directors. CalPERS, which says it owns approximately 4.73 […]

April 7, 2017 Read More →