Israel Electric Corporation has issued a $500 million bond in the US to buy solar energy capacity to replace gas from Egypt. http://goo.gl/KrCRP
Warren Buffet-owned MidAmerican Energy has issued a $700m senior secured 27 year project bond (BBB-) to fund its Topaz solar project. Barclays, Citi and are underwriting. http://goo.gl/eOKXD
Forbes magazine reports that a US court has ordered the Federal Housing Finance Agency (FHFA) to initiate a “full-blown” rule-making process on PACE financing. http://goo.gl/HvEdM
Ireland has become the first country in the world to recognise forest carbon credits in its tax regime – paving the way for the issuance of forest bonds, according to a leading banker. See stories at Environmental Finance and SiliconRepublic.
Last chance to book tickets (25% off) for this week’s Environmental Bonds Conference.Lots of Climate Bonds folk speaking (including me).
Our newest Climate Bonds Advisory Panel member is Matthew Kiernan, CEO Inflection Point Capital, and founder of Innovest.
