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Energy Giant Enel Faces Higher Interest on $14.5 Billion ESG Bond. Utility giant Enel, one of Europe’s largest power generators, is set to pay higher interest rates on its sustainability-linked bonds as it has tied the coupons to an emissions reduction target it has missed. Italy-based Enel – which also has large operations in Spain, North America, and South America – has failed to meet its 2023 emission targets. Since it has linked the emissions target to several sustainability-linked bonds, the utility giant now faces higher coupon payments.   [if !supportLineBreakNewLine] [endif] The… http://ow.ly/nCNg105rkOX

The green power rush is sparking a PPA dealmaking frenzy, experts say. As corporate sustainability goals become more ambitious, the appetite for power purchase agreements (PPAs) is surging. But be forewarned: this booming demand could add layers of complexity to negotiations, analysts tell Montel. Experts Simona Soci at MBS Consulting, energy consultant Sergio Giraldo, and Flemming Sørensen, vice president for Europe at LevelTen Energy - as well as Bruno Leoni Institute analyst Carlo Stagnaro - tells us at Montel that PPAs and more broadly, renewable procurement are no longer mere nice-to-haves but are now an integral part of a company’s commercial and development strategies. As such, they are becoming increasingly sought-after, as well as ever-more sophisticated. For a deeper dive into this topic, check out the full Montel News story available in both English and Italian. And do share your thoughts 💡 in the comments section on how you think this will impact the future of energy. English version: https://lnkd.in/ekZH_P52 Italian version: https://lnkd.in/ej45vy5f #BigTech #RenewableEnergy #PPAs #PowerTrading #CFDs #Solar #WindEnergy #GreenInvestments #SolarPower #CleanTech #EnergyTrends #PowerGeneration #Trading #PowerMarkets #Hedging #PowerPurchaseAgreement #PowerPrices #TSO #Heatwave #renewableenergy #ppas #ppa #powertrading #cfds #solar #windenergy #greeninvestments #solarpower #cleantech #energytrends #powergeneration #trading #powermarkets #hedging #powerpurchaseagreement #powerprices #TSO #heatwave #GoldmanSachs #Amazon #Microsoft #Apple #Google

In support of Net Zero 2030 we are supporting U.K businesses prepare and implement Environment and Social Governance The Energy Advisory Service WE WILL PROVIDE FOR FREE: A recognised Energy Audit / ESG Score A recognised Carbon Audit /Score From ESG PRO Ltd a Recognised E.S.G Platform that has scored Global Blue Chip Brands and trough their advanced system able to offer the same level of service to U.K business large and small. The aim is to kick start businesses and allow them access to the same level of support as the bigger players. When a contract arranged through our partners commencing in 2024 for either: 1. A Fixed Term contract for the supply of Annual consumption of Gigawatt of Power or Gas 2. A Flexible contract for the supply of an annual consumption of a Giga Watt of Power or Gas 3. A Power Purchase or Commercial Solar installation 4. Adopt any of our partner energy and carbon management systems. Terms and conditions apply all Energy and Carbon Scoring completed by ESG PRO Ltd. #ESG #ESGAudit #ukbusiness #energysaving #businessenergy #ESGscore

The energy landscape in Latin America is transforming, with investors eager to tap into its vast potential! 🌍💡 As demand for sustainable solutions grows, firms like BTG Pactual are leading the charge, driving innovation in renewable energy and infrastructure. With supportive government policies and advanced technologies, there's a wealth of opportunities for those looking to make an impact while also achieving strong returns. Sustainability is at the heart of this evolution—investors are prioritizing projects that benefit communities and the environment alike. The future looks bright as we move toward cleaner energy together! #EnergyTransition #Sustainability #LatinAmerica https://lnkd.in/dxRbUXaZ #SolarPower #RenewableEnergy #GreenTech #SustainableLiving #EcoFriendlyInnovation

Guided by the purpose of providing energy security to the world and lowering global emissions, EQT is committed to demonstrating how natural gas can play a leading role in the world’s energy evolution to lower carbon solutions. Our recently released 2023 ESG Report outlines the substantial progress we made toward achieving our emissions reduction targets. - We reduced our in-scope net zero target emissions to 280,824 metric tons (MT) of carbon dioxide equivalent (CO2e) — a 35% reduction compared to 2022 levels, and a 67% reduction since our current management team joined EQT in mid-2019. - We reduced our EQT Production segment Scope 1 GHG emissions intensity to 152 MT CO2e/billion cubic feet of natural gas equivalent (Bcfe) — an approximately 35% reduction compared to 2022 — beating our 2025 GHG emissions intensity target a full year ahead of our goal. - We achieved a company-wide Production segment Scope 1 methane emissions intensity of 0.0074% for 2023, significantly surpassing our 2025 target of 0.02% a year ahead of schedule. We reduced the Production segment Scope 1 and Scope 2 GHG emissions from the assets acquired from Alta Resources by approximately 65% since we acquired and began operating them less than 3 years ago. Read more at https://esg.eqt.com/ #UnleashUSLNG #ESG

Is there a communication crisis in the renewables sector? 🌍 The UK Department for Energy Security and Net Zero (DESNZ) has released its Public Attitudes Tracker from Spring 2024, and it indicates that the previously increasing level of support for renewable energy has plateaued. To us, this means that the sector is failing to effectively communicate its true potential to less engaged populations and decision makers. In this industry, there is a tendency to focus on technology rather than what that technology can actually do for your prospective customer. Our latest blog shares how by aligning your marketing strategy with sustainability objectives such as Net Zero and ESG goals, you can create deeper engagement with key decision-makers and ultimately, move the needle on public opinions around renewables. If you're focused on driving real change and enhancing your brand's impact, this is a must-read. You can find the full article here: https://lnkd.in/dWUJteuq #RenewableEnergy #NetZero #ESG #Sustainability #MarketingStrategy

ESG Weekly May 6, 2024 New guidance to help companies comply with both ISSB and EFRAG sustainability reporting standards  https://lnkd.in/dE5KNHeZ https://lnkd.in/gW_d8eAd The European Council extends the corporate sustainability reporting timelines for certain sectors  https://lnkd.in/dY5fnnvJ https://lnkd.in/gXGvhu3p EU announced action against 20 airlines over carbon emissions offsetting claims  https://lnkd.in/d-qEFvDv Microsoft signs largest-ever corporate renewable energy deal of 10.5 GW over 5 years  https://lnkd.in/gWtV92Gs #esg #esgreporting #esgcompliance #esgrisk #esgnews #esgdisclosure #esgreport

Qualcomm’s ESG programs help the company act as a positive force in protecting the environment, from utilizing renewable energy in top operational footprint regions to reducing natural gas usage at Qualcomm HQ. Read the 2023 Corporate Responsibility Report to learn more: https://bit.ly/3mlBRHU

#RiceEnergyFinance Powering today whole energizing tomorrow. #energy transition #industry consolidation and portfolio optimization *Panel Discussion Summary: Corporate Energy Perspectives* The panel discussion brought perspectives on energy strategies, focusing on renewables, fossil fuels, efficiencies, financing options, and sustainability short mid term and longer term. better storage, clean technologies and carbon capture. 1. *Diversification*: Companies are diversifying energy portfolios, balancing renewables and fossil fuels. 2. *Efficiency*: Investing 3. *Financing*: Debt and equity financing considered, weighing cost of ca expectations. 4. *Sustainability and cost of capital*: Public-private partnerships prioritize timelines and completion requirements. 5. *R&D*: Corporate investment in research and development drives innovation.. *Financing Strategies* 1. *Debt Financing*: Loans, bonds for large-scale projects. 2. *Equity Financing*: Venture capital, IPOs for growth-stage companies. 3. *Public-Private Partnerships*: Collaborative financing for sustainable projects. *Stakeholder Expectations* 1. *Investors*: Seeking strong ROI, ESG considerations. 2. *Policy Makers*: Encouraging sustainable practices, setting regulations. 3. *Consumers*: Demanding environmentally responsible practices. *Sustainability Timeline* 1. *Short-Term*: Energy efficiency improvements. 2. *Mid-Term*: Renewable energy integration. 3. *Long-Term*: Carbon neutrality, innovative technologies. *Research and Development* 1. *Clean Technologies*: Advancing renewable energy solutions. 2. *Energy Storage*: Innovating battery technologies. 3. *Carbon Capture*: Developing emission-reduction solutions. The discussion highlighted the evolving energy landscape post election, long term infrastructure and corporate and stakeholders commitments, emphasizing corporate partnerships and adaptability, innovative financing, and stakeholder engagement.

Large parts of the energy industry need to become more sustainable, which comes with some major challenges. ‘Traffic jams’ on the Dutch electricity grid will affect companies and consumers for at least the next 10 years. Michael Bosman, Senior Portfolio Manager in APG's Credit team, explains how APG plays a role in financing much-needed change by investing in the green bonds of Dutch transmission and distribution companies. #APG #APGAssetManagement #FixedIncome #ResponsibleInvesting #EnergyTransition