Of the total €500 million issuance, 74 pct would be used for renewable energy, 13 pct for environmentally sustainable management, 11 pct for energy efficiency, and 2 pct for clean transportation and pollution prevention.
BNP Paribas is acting as the sole green structuring advisor and joint book runner. (Source: National Grid, Business Green, 14 Jan., 2019) Contact: UK National Grid, Kayte O'Neill, Head of Strategy and Regulation, www2.nationalgrid.com/uk
More Low-Carbon Energy News National Grid , Green Bond,
Sierra Energy's FastOx technology, developed by Sierra Energy and supported by grant funding from the U.S. Department of Defense and the California Energy Commission, uses oxygen and steam to heat waste to 4,000 degrees F at which it breaks down into an energy-dense syngas allowing the recovery of inorganic material as either a non-leaching stone or molten metal, according to the company. Sierra Energy's modular FastOx technology can be scaled to large size, does not produce process emissions and all outputs are saleable, according to the company.
(Source: Sierra Energy Corp. , 31 July, 2019) Contact: Sierra Energy Corp., Mike Hart, CEO, (530) 759-9827www.sierraenergy.com
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The fund also aims to offset the carbon footprint of the investment strategy, which is achieved through the use of Verified Emission Reductions certificates from the Kasigau Corridor REDD+ project, which is based in south east Kenya. The project protects more than 200,000 hectares of endangered dryland forest.
The launch of this latest Ucits funds is in line with BNP Paribas AM's Global Sustainability strategy, which includes the plan to reduce the environmental impacts of its operations.
Paris, France-headquartered BNP Paribas S.A. is the world's 8th largest bank by total assets and currently operates in 77 countries. (Source: BNP Paribas, CityWire Selector, 29 Mar., 2019) Contact: Bank BNP Paribas, Neven Graillat, Chief Sustainability Product Officer at BNP Paribas Global Markets said: ‘The management of risks relating to www.group.bnpparibas/en
More Low-Carbon Energy News BNP Paribas, Carbon Footprint, Carbon Markets,
The loan will be used for new infrastructure and modifications to the Albioma Caraibes power plant, which is expected to be converted so 100 pct biomass in 2020. (Source: Albioma SA, Renewables, 13 Mar., 2019) Contact: Albioma SA, +33 (0)1 47 76 67 00, www.albioma.com/en
More Low-Carbon Energy News Coal-to-Biomass, Biomass, Albioma SA ,
METRON offers an energy intelligence platform that collects, aggregates and analyses in real time all types of data generated by industrial systems, while interfacing directly with external data such as those from energy markets or weather forecasts. The artificial intelligence engine developed by METRON allows manufacturers to effectively reduce their energy consumption and improve their environmental footprint.
The METRON-EVA® (Energy Virtual Assistant) platform provides real-time mapping of all energy flows and visual management of energy performance indicators. Through machine learning algorithms and dedicated knowledge bases, it allow s companies to identify in industrial processes, non-intuitive optimization levers and to support their implementation to generate the expected gains. By interfacing directly with energy markets or decentralized energy assets such as renewable energies, factory operations can be optimized in real time according to production and market context.
Founded in 2013, METRON
is active in ten countries and has operational centres in Europe, Latin America, Asia and the Middle East.
(Source: Metron, PR, 22 Oct., 2018) Contact: Metron, Vincent Sciandra, CEO , +33 (0)1 40 28 65 65, firstname.lastname@example.org,
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Criteria for energy efficiency mortgages was developed by the Green Building Councils (GBCs) in the WorldGBC's Europe network and their partners.
The new mortgage product is intended to establish a new generation of mortgage products to help consumers drive reductions in energy use.
(Source: Energy Live, Others, 14 June, 2018)
More Low-Carbon Energy News Energy Efficiency,
The project secured funding from four banks:
the European Investment Bank (EIB); MUFG Bank, BNP Paribas and AIB. will finance the wind farm with long-term debt. The EIB is in for half of the project's expected total cost of €160 million. It is the EIB's largest ever investment in renewable energy generation in Ireland and the largest financing in the country to date under the EIB Investment Plan for Europe. (Source: Bord na Mona, Irish Farmers Journal, May, 2018) Contact: Bord na Mona Plc, Mike Quinn, CEO, Patrick Madigan, Bioenergy Division, +353 45 439000, www.bordnamona.ie; Investment Plan for Europe, www.consilium.europa.eu/en/policies/investment-plan
More Low-Carbon Energy News Wind, Bord na Mona, EIB,
Since 2012, BNP Paribas has reduced its direct CO2 emissions by 15 pct per employee, in line with the Group’s target of a 25 pct reduction by 2020. This achievement is the result of a specific policy of promoting energy efficiency at the Bank’s buildings and data centres -- a significant challenge given that the premises occupied by BNP Paribas worldwide total over 7 million square metres -- and also optimising business travel. The Group will also work to offset CO2 emissions that cannot be directly avoided or easily reduced, such as those arising from staff travel and natural gas consumption, through partnerships with benchmark organisations, in accordance with our Corporate Social Responsibility policies
Other BNP Paribas initiatives include: