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Copenhagen Set to Divest Funds Out of Coal, Oil and Gas Holdings

2016-01-29 20:38:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The city of Copenhagen is set to become the latest recruit to the unstoppable divestment movement, with its plan to sell off the coal, oil and gas assets of its 6.9 billion Krone (EUR1.29 bn) investment fund. The Danish capital will join a movement worth more than $3.4 trillion worldwide, following Norways capital Oslo and non-European cities such as Newcastle, Australia, as well as more than 500 institutions, universities, banks, companies and thousands of people, who have already pulled their...

Tags: set gas oil funds

 

Copenhagen set to divest from fossil fuels

2016-01-29 03:52:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Copenhagens mayor has announced plans to divest the citys 6.9bn Krona (700m) investment fund of all holdings in coal, oil and gas. If his proposal is approved at a finance committee meeting next Tuesday, as expected, the Danish capital will become the countrys first investment fund to sell its stocks and bonds in fossil fuels. Copenhagen is at the forefront of world cities in the green transition, and we are working hard to become the worlds first CO2 neutral capital in 2025. Therefore...

Tags: set fossil fuels copenhagen

 
 

J&J seeking to divest manufacturing unit Noramco: sources

2016-01-05 03:19:12| Food - Topix.net

Noramco is attracting interest primarily from buyout firms, the people said this week. The unit has annual earnings before interest, taxes, depreciation and amortization of more than $70 million, some of the people added.

Tags: unit sources manufacturing seeking

 

November's top stories: NextEra Energy to divest 3GW assets, Siemens wins wind turbine orders

2015-12-07 01:00:00| Power Technology

NextEra Energy Resources has signed an agreement to divest two natural gas-fired power plants in Texas for approximately $1.59bn and Siemens has won three orders for onshore wind power projects in Scotland, totalling 126MW of renewable energy. Power-

Tags: top orders energy stories

 

NextEra Energy to divest nearly 3GW of its power generating assets for $1.59bn

2015-11-30 01:00:00| Power Technology

NextEra Energy Resources has signed an agreement to divest two of its natural gas-fired power plants in the state of Texas for approximately $1.59bn.

Tags: power energy assets generating

 

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