There are plenty of money-making opportunities from reducing energy use that go above and beyond implicit savings, but the market for energy reduction assets is opaque, and financing opportunities for smaller-scale projects are few and far between. Energy efficiency financing and insurance firm Joule Assets has introduced new services designed to grow that market, by… Keep reading →
TransCanada’s CEO Russ Girling says they are not giving up on the Keystone XL Pipeline project and neither are producers seeking to ship their product through the line. The economic rationale of transporting oil via pipe rather than rail underpins the project and Girling is confident “the oil market transcends politics.” [The Hill] Eike Batista’s… Keep reading →
Architectural firm SWA Group has proposed building a bike lane along the Keystone XL pipeline, which “could turn what is now a source of rancor into a tourist attraction”. Project costs could reach $400 million, factoring in designers, cultural experts, economists, engineers and “interpretive elements” along the route. [Bloomberg] Consol Energy’s sale of five coal mines… Keep reading →
Oil and gas company valuations are based, in part, on their reserves – volumes of oil or gas yet to be developed from assets in their possession. But the International Energy Agency has said that to avoid catastrophic climate change, a third of global fossil fuel reserves must be off-limits until 2050. And if governments… Keep reading →
By transferring a portion of a commercial building’s electricity expenses to its property tax bill, Demeter Power is paving the way for an expansion of distributed solar generation in small- to medium-sized commercial buildings. Demeter Power, a provider of financing solutions for commercial distributed generation, has been awarded $500,000 through the Department of Energy’s SunShot… Keep reading →
For corporations, taking into account issues of Environment and Social sustainability is becoming increasingly important. PwC, a professional services firm, held a webcast this week to discuss trends relating to ESG (Environment, Social, and Governance). The panelists discussed both the current state of ESG in corporations as well as the zeitgeist of the future business… Keep reading →
Spanish technology firm Abengoa, which operates renewables projects worldwide, has listed its shares on the NASDAQ stock exchange as part of a push effort to raise its profile in the US. Abengoa has singled out the US as a priority market, both for fundraising and for the ongoing growth of its business. “The US market… Keep reading →
The energy finance community has been eagerly anticipating the introduction of solar asset-backed securities – “solar securitization,” – for at least three years, and may be waiting for another year or more. But sooner or later, securitization is coming to solar finance, and when it does, it will have a profound impact on the pace… Keep reading →
The US oil and gas market offers something that virtually no other market in the world does – easy entry for non-traditional investors, who are helping to bolster the capital available for much-needed infrastructure buildout. The US oil and gas market is one of few in the world, if not the only one, that features… Keep reading →
DG Energy Partners’ new project valuation model, which lets developers conduct their own first-run economic analysis, is the latest in a suite of products designed to bridge the gap between solar projects and the financing they need to move forward. The model, currently in its beta, or first version, is a web-based interface that gives… Keep reading →
