… When Walmart de México y Centroamérica decided to buy the power generated by the Electrica del Valle de México’s (EVM) wind farm, EVM’s struggling project received a … boost. While the proposed wind farm was located in an area with abundant wind resources, absent a creditworthy off-taker the project would not have been able to line up financing. With Walmart de México’s 15-year PPA (Power Purchase Agreement) in hand, the …
… transferred its CR team from the department that included the Communications function to a newly created department combining the Strategy, CR, and Public Affairs functions together, … plan to grow the company. The plan called for harvesting slow-growing businesses in mature markets, investing in emerging markets, and reducing the company’s overall cost of … Inside AXA in 1990, the company created AXA Atout Coeur ("Hearts in Action") to encourage and support community engagement by employees, and in 2001 it established the Group’s …
… Mexico meet its ambitious goals addressing climate change. Third, biofuels could provide a new market for Mexico's struggling agricultural sector. Finally, PEMEX would soon face … ethanol for fuel as well as for rum. Ethanol had become a major gasoline component in other countries. In the United States, ethanol from corn made up as much as 8% of the vehicle fuel blend at the pump, the maximum amount that could be incorporated without …
… to seek an alternative powertrain that did not use fossil fuels. For GM, the search for a new powertrain required a substantial change in mindset, since the ICE had been a mainstay … prototypes with an array of technologies; including diesel, battery, hybrid gas and electric systems, and hydrogen fuel cells. While GM researchers had made progress by 1998, … Besides the technical hurdles it was facing, GM’s efforts to introduce more fuel efficient vehicles had run into resistance from consumers, oil companies and the government. While …
… effectiveness of existing policies designed to reduce greenhouse gas emissions and identify new strategies. Connecticut’s government had already set a target of reducing greenhouse gas … 1996 and 2015, natural gas largely replaced the dirtier fossil fuels coal and oil for electricity generation to provide almost half of the state’s electricity and one-third of … down natural gas by 2050, putting further pressure on keeping or expanding nuclear. On the other hand, there are ongoing health and safety, environment, and security concerns about …
… As the Connecticut Green Bank works to design high-impact programs for the solar market, it has supported the design and adoption of … that expanded the Residential Solar Investment Program (RSIP) by creating the Solar Home Renewable Energy Credit (SHREC). The SHREC provides a stable funding structure for an expanded … renewable portfolio standard (RPS) was being predominantly met with out-of-state resources from Maine, New Hampshire, and Vermont, yielding little economic development benefits …
… which combines the features of a green bank and an infrastructure bank, was developed under new political leadership. The recently-elected state treasurer, Seth Magaziner, proposed the … programs for environmental projects in the state. One of these programs is the EBF, a financing program designed to accelerate energy-efficiency and clean-energy upgrades to … walk through the creation of the EBF and some of the factors that have led to its success. Source Center for Business and The Environment at Yale Areas of Focus Sustainable Finance and …
… On February 23, 2007, your investment banking firm receives an urgent call from James D. Marston, Regional Director … Francisco for a negotiating session with the private equity firms seeking to acquire Texas electrical utility TXU, and he needs your immediate feedback. The private equity firms want … be representing them. Marston certainly knows TXU, given EDF's battles over TXU's proposed new coal-fired plants. However, there is much uncertainty in this new opportunity - Marston …
… explosion of climate-related investment opportunities in Europe, Latin America and Asia. A new industry around carbon finance emerged, with firms like Climate Change Capital (CCC) of … World Bank at the end of 2007. Besides the European Market, a number of regional, voluntary markets for carbon allowances formed in the rest of developed world. However, the failure of … and private equity to continue its goal of "creating wealth worth having." In 2010, CCC and other interested parties were trying to figure how the political developments would …
… insurance. Crop insurance provided farmers with a hedge against climate, environmental, and other risks. Around 40% of grain farmers in South Africa purchased hail insurance, the most … when crops were damaged before they could be harvested and sold, crop insurance provided resources that allowed farmers to be able to plant the following season. Settlements for … making the country more resilient to the coming changes in weather. There were a variety of new models for crop insurance as well a number of ways to make the agricultural sector more …