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Renewables Infrastructure Secures GBP500 Million ESG-Linked Facility


Renewables Infrastructure Secures GBP500 Million ESG-Linked Facility
Fri, 18th Dec 2020 09:49
(Alliance News) - Renewables Infrastructure Group Ltd on Friday announced that it has refinanced and expanded its revolving credit facility at lower rates to support investments in renewable energy projects.
The GBP500 million facility is available to the investment firm for a three-year term, and the interest will be charged in respect of the renewed facility is linked to the company s Environmental, Social and Governance performance.
Performance targets include an increase in the number of homes powered by clean energy from Renewables Infrastructure s portfolio, a rise in the number of community funds supported, and the maintenance of a low Lost Time Accident Frequency Rate. ....

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LONDON BRIEFING: Pound Jumps As UK And EU Agree To Continue To Talk


LONDON BRIEFING: Pound Jumps As UK And EU Agree To Continue To Talk
Mon, 14th Dec 2020 08:05
(Alliance News) - The pound rose sharply after the UK and EU agreed on Sunday to waive their self-imposed deadline for a post-Brexit trade agreement and continue talking, possibly right up to the end of the transition period on December 31.
Against the dollar, the pound was up one-and-a-half US cents early Monday from its level late on Friday as the Sunday deadline had loomed.
Also in focus for the stock market early Monday was takeover activity, after AstraZeneca announced a massive acquisition in the US, while an American video-games giant waded in with an agreed offer for the UK s Codemasters. ....

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