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Finance

Finance  -  October 28, 2020

California CCAs plan $65M investment into EV infrastructure

The State of California will be receiving $65 million in contributions for the expansion of its electric vehicle infrastructure in the state.
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Finance  -  October 26, 2020

Starwood Property Trust issues $300 million green bond

Starwood Property Trust announced Oct. 19 the release of its first sustainability bond to the sum of $300 million.
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Sourcing Renewables  -  October 21, 2020

Corporate PPAs to account for 20% of new RE generation in the U.S. by 2030

U.S. corporations will be responsible for nearly 20% of all utility-scale renewable power capacity additions over the next decade, a new study found.
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Sourcing Renewables  -  October 19, 2020

BMO Financial reaches 100% RE goal with credits

BMO Financial Group announced Oct. 15 that it achieved its goal to match 100% of its electricity use with renewable energy.
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Sourcing Renewables  -  October 19, 2020

Volvo Trucks granted $21M to deploy EV freight trucks in CA

Volvo Trucks North America announced Oct. 19 that it received an award of $21.7 million in grants from the U.S. EPA and South Coast Air Quality Management District (AQMD) to deploy 70 electric trucks in Southern California for regional freight distribution and drayage.
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GHG Emissions  -  October 8, 2020

ING cuts emissions linked to power industry lending

ING announced Oct. 8 that it reduced its link to emissions from the power industry by reducing funding to coal-fired power plants by 22% in 2019 while increasing renewable energy financing.
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Finance  -  October 8, 2020

Arkema places inaugural Green Bond for 300M euros

Arkema announced Oct. 7 that it placed its first-ever Green Bond that will finance its new world-scale plant in Singapore.
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Finance  -  October 5, 2020

Green bond issuance reached $1 trillion milestone after record month

Green bond issuance in the first nine months of 2020 increased 12% based on the same period in 2019, causing the market to pass its milestone of $1 trillion issued since the market first emerged in 2007.
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Finance  -  September 23, 2020

Fifth Third seeks to reach $8 billion in sustainable financing by 2025

Fifth Third Bancorp announced Sept. 23 their new target of achieving $8 billion in sustainable financing by 2025.
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Finance  -  September 17, 2020

Aligned completes $1 billion in data center sustainability-based financing

Aligned, a data center provider based in Arizona, announced Sept. 16 that they completed a $1 billion senior secured credit facility, the first U.S. data center sustainability-linked financing.
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