Finance | Page 5
October 28, 2022
RBC Sets 2030 Emission Reduction Targets
RBC announced its initial set of 2030 interim emissions reduction targets (initial interim targets) for three key sectors: oil & gas, power generation, and automotive.
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October 26, 2022
Aramco Launches $1.5 Billion Sustainability Fund
Aramco announced the creation of a $1.5 billion Sustainability Fund to invest in technology that can support a stable and inclusive energy transition.
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Distributed Energy Resources - October 5, 2022
New Mexico DOT Provides Grant for EV Projects
The New Mexico Department of Transportation (NMDOT) selected Kit Carson Electric Cooperative’s (KCEC) EV projects to receive $800,000 in grant funds.
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Energy Efficiency - October 3, 2022
Utah Resort to Fund Energy Efficiency with C-PACE
Petros PACE Finance (Petros), a structured finance company, announced that it closed on $153 million C-PACE financing as part of the $820 million, 580-acre world-class development, Black Desert Resort Project in Ivins, Utah.
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GHG Emissions - October 3, 2022
Princeton Trustees Vote to Divest From Oil Companies
Princeton University announced its Board of Trustees voted to divest the endowment from all publicly traded fossil-fuel companies, including Exxon Mobil and Dominion Energy.
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GHG Emissions - September 16, 2022
Anglo American Launches Sustainability-Linked Bond
Anglo American plc issued its first sustainability-linked bond, including performance targets to reduce GHG emissions and fresh water abstraction.
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September 13, 2022
Union Pacific Issues Green Bonds
Union Pacific Corporation issued a $600 million green bond offering to fund investments aimed at decarbonizing the company’s footprint and achieving set emissions reduction targets.
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August 25, 2022
Eaton Closes First Sustainability-Linked Bond
Power management company Eaton announced it closed an offering of sustainability-linked and senior notes.
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Finance - August 19, 2022
Valley National Bank to Fund ESG Loans
Valley National Bank announced a partnership with The Community Preservation Corporation (CPC)to fund up to $100 million in permanent loans that meet various ESG standards such as green building practices and reduced emissions.
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GHG Emissions - August 19, 2022
SVB Commits to Offering Sustainable Loans
SVB, the financial partner of the innovation economy and parent of Silicon Valley Bank, announced its commitment to provide at least $5 billion by 2027 in loans, investments and other financing to support clients' sustainability businesses.
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