Latest news with #CleanEnergyTransition
Bloomberg
3 days ago
- Business
- Bloomberg
Hedge Fund Boss Says Orsted Share Sale Is ‘Invitation' to Short
The plan by Denmark's Orsted A/S to sell more than $9 billion of shares is being seen by one hedge fund boss as an invitation to short the stock. That's the view of Per Lekander, chief executive officer of London-based hedge fund Clean Energy Transition LLP who manages assets worth $3.1 billion and has been researching and investing in the energy sector for over 30 years. Shares in the Danish wind power company dropped for a third day on Wednesday in Copenhagen after erasing nearly a third of the company's value when the rights offering was announced on Monday.
Yahoo
26-07-2025
- Business
- Yahoo
Top Wind Energy Stocks That Will Drive Long-Term Portfolio Growth
An updated edition of the Jun 11, 2025 energy is increasingly recognized for its significant role in combating climate change, reducing carbon emissions and enhancing energy security globally. Among various alternative energy sources, wind power has emerged as a key driver of the clean energy power capacity in the United States has grown significantly over the past couple of decades, rising from 2.4 gigawatts (GW) in 2000 to more than 153 GW in 2024. Per a report by the International Energy Agency (IEA), wind power output increased 6.4% year over year in 2024, accounting for 10% of total U.S. utility-scale electricity generation. The lucrative tax credits, coupled with cost reductions in wind energy production led by technological advancements, have rekindled wind project has been a major swing in the U.S. generation mix over the years, driven by the significant growth in wind generation capacity. Per the U.S. Energy Information Administration (EIA) report, wind power accounted for approximately 27% of capacity additions on average to the U.S. power system since wind energy market is capitalizing on several favorable trends, including growing electricity demand driven by Artificial Intelligence (AI)-powered data centers, widespread adoption of electric vehicles (EV) and rapid industrialization. Per the latest Short-Term Energy Outlook published by the U.S. Energy Information Administration (EIA), the U.S. grid is projected to add 7.7 GW of wind generation capacity in 2025, reflecting an increase from 5.1 GW added last projected increase will be supported by large offshore wind projects, including the 800-megawatt (MW) Vineyard Wind 1 in Massachusetts and the 715-MW Revolution Wind in Rhode Island. States like Texas, Massachusetts and Wyoming will see nearly half of 2025 wind capacity wind energy companies like Dominion Energy, Inc. D, DTE Energy Company DTE, Brookfield Renewable Partners L.P. BEP and Arcosa, Inc. ACA present compelling opportunities for investors, given their strong foothold in the market, research and development capabilities and market expansion. As clean energy technologies evolve, they are set to capitalize on growth opportunities and provide lucrative investment prospects. Our Wind Energy Screen helps identify stocks with high growth potential in this dynamic sector. 4 Wind Energy Stocks to Keep an Eye On Arcosa is a well-known provider of infrastructure-related products and services that serve the energy, construction and transportation markets. The company's Engineered Structures business provides wind towers, utility structures and telecommunication structures for wind power generation, electricity transmission and distribution, and wireless communication Zacks Rank #2 (Buy) company's Engineered Structures business continues to witness strong demand for its wind towers and engineered structures. Robust orders for its utility structures, driven by increasing grid hardening and reliability initiatives, have been driving its performance. The passage of the Inflation Reduction Act (IRA) has been a significant growth catalyst for ACA's wind towers business. Since the passage of the act, Arcosa has grabbed $1.1 billion worth of new orders through 2028. A significant portion of these orders will cater to the wind energy expansion projects in the significant growth in new orders and a strong backlog level led Arcosa to open a new plant in New Mexico and it started delivering towers from the facility in the second quarter of 2024. The company remains well-placed to benefit from the growing requirement for load enhancements in the United Energy, together with its subsidiaries, produces and transports energy in the United States. It is a major energy company engaged in regulated and non-regulated electricity distribution, generation and transmission businesses. The company has a portfolio of nearly 30,300 MW of electric-generating capacity, 10,600 miles of electric transmission lines and 79,700 miles of electric distribution Energy has a well-chalked-out long-term capital expenditure plan to strengthen and expand its infrastructure. After spending $6 billion in the 2018-2022 period, the company plans to invest $10.8 billion in 2025 and $50 billion in the 2025-2029 period to further strengthen its operations. Its long-term objective is to operate more battery storage, solar, hydro and wind (offshore as well as onshore) projects by 2036 and increase the renewable energy capacity by more than 15% per year, on average, over the next 15 2035, the Zacks Rank #2 company also intends to make zero and low-emitting resources accountable for 99% of its electric generation. The company is working on offshore wind projects and battery storage projects to lower Renewable Partners owns and operates several renewable power generating facilities. The company's power generating portfolio is comprised of hydroelectric generating, wind facilities and natural gas-fired plants. It has operations in the United States, Canada and Zacks Rank #2 company's exposure in wind and utility-scale solar generation sectors has been enabling it to capitalize on the growing opportunities across the renewable power sectors, with high cash margins and minimum fuel input cost. BEP has a target of $8-$9 billion investment over the next five years and intends to raise its funds from operations (FFO) per unit by more than 10% on an annual basis in the long Renewable has a strong development pipeline, with a massive 200 GW worth of projects. Also, its pace of commissioning projects is tracking toward 10 GW a year, which is expected to grow in the coming years. Also, its renewable energy framework deal with Microsoft to provide more than 10.5 GW of clean energy capacity between 2026 and 2030 holds Energy is a diversified energy company that develops and manages energy-related businesses and services. The company has been investing steadily to enhance its renewable generation assets. DTE aims to invest more than $10 billion in the clean energy transition over the next 10 promote clean energy, DTE has its MIGreen Power program, through which it offers its customers the option to source their energy usage from renewables. This program aims to substantially accelerate the development of new wind and solar projects across 2026, DTE Energy aims to add more than 1,000 MW of new clean energy projects to meet this program's demand. Such clean energy-related initiatives should enable DTE to meet its carbon emission reduction target. Notably, this Zacks Rank #3 (Hold) company plans to reduce carbon emissions of its electric utility operations by 65% in 2028, 85% in 2032 and 90% by 2040 from the 2005 can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DTE Energy Company (DTE) : Free Stock Analysis Report Dominion Energy Inc. (D) : Free Stock Analysis Report Brookfield Renewable Partners L.P. (BEP) : Free Stock Analysis Report Arcosa, Inc. (ACA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Mint
06-06-2025
- Business
- Mint
L&T to raise ₹500 crore via India's first listed ESG bond deal issuance under SEBI in partnership with HSBC
Larsen & Toubro (L&T) has announced a ₹ 500 crore ESG bond issuance deal, becoming the first Indian corporate to do so under the Securities and Exchange Board of India's (SEBI) newly introduced ESG and sustainability-linked bond framework. HSBC is acting as the sole lead arranger in this transaction. The issuance is compliant with SEBI's regulatory framework announced on Thursday (5 June), which is designed to promote transparency, accountability, and alignment with international ESG standards. The framework outlines key requirements for issuers, including the disclosure of sustainability objectives, mandatory external assessments such as Second-Party Opinions (SPOs), and post-issuance reporting. It also mandates clear Key Performance Indicators (KPIs) and targets to measure ESG outcomes, crucial steps in supporting India's Net-Zero and climate-resilient growth agenda. As part of the ESG Bond deal, L&T is committed to environmental targets, including a decrease in the intensity of freshwater withdrawal and emissions of greenhouse gases. These Initiatives are in line with the company's long-term sustainability goals of achieving water neutrality by 2035 and carbon neutrality by 2040. "We take pride in leading the transition to sustainable finance under SEBI's new ESG framework," said a senior spokesperson from L&T. As part of the ESG bond deal, the company said it is committed to environmental targets, including a decrease in intensity of fresh water withdrawal and emissions of greenhouse gases. These initiatives are in line with the company's long-term sustainability goals of achieving water neutrality by 2035 and carbon neutrality by 2040. The issuance is compliant with Sebi's regulatory framework announced on Thursday, which is designed to promote transparency, accountability, and alignment with international ESG standards. The framework outlines key requirements for issuers, including the disclosure of sustainability objectives, mandatory external assessments such as second party opinions, and post-issuance reporting. "This bond issuance reinforces our steadfast commitment to sustainable development and responsible business practices whilealigning our finances with environmental targets," the L&T spokesperson added. "We are pleased to partner with L&T on the first INR Sustainability Linked Bond under SEBI's guidelines, reinforcing our commitment to supporting the Clean Energy Transition in India. We look forward to partnering with corporates across sectors looking to navigate the paths toward their sustainability goals", said HSBC India.
Business Standard
06-06-2025
- Business
- Business Standard
Larsen & Toubro announces Rs 500 crore ESG bond issuance in partnership with HSBC
Larsen & Toubro has announced a Rs 500 crore ESG bond issuance deal, becoming the first Indian corporate to do so under the Securities and Exchange Board of India's (SEBI) newly introduced ESG and sustainability-linked bond framework. HSBC is acting as the sole lead arranger in this transaction. As part of the ESG Bond deal, L&T is committed to environmental targets, including a decrease in intensity of fresh water withdrawal and emissions of greenhouse gases. These initiatives are in line with the company's long-term sustainability goals of achieving water neutrality by 2035 and carbon neutrality by 2040. We take pride in leading the transition to sustainable finance under SEBI's new ESG framework, said a senior spokesperson from L&T. This bond issuance reinforces our steadfast commitment to sustainable development and responsible business practices while aligning our finances with environmental targets. We are pleased to partner with L&T on the first INR Sustainability Linked Bond under SEBI's guidelines, reinforcing our commitment to supporting the Clean Energy Transition in India. We look forward to partnering with corporates across sectors looking to navigate the paths toward their sustainability goals", said HSBC India.
Business Upturn
06-06-2025
- Business
- Business Upturn
L&T issues Rs 500 crore ESG bonds under SEBI's new framework
Larsen & Toubro (L&T) has become the first Indian corporate to issue an ESG bond under the Securities and Exchange Board of India's (SEBI) newly introduced ESG and sustainability-linked bond framework. The ₹500 crore issuance marks a significant milestone in India's sustainable finance journey, with HSBC acting as the sole lead arranger. 'We take pride in leading the transition to sustainable finance under SEBI's new ESG framework,' said a senior spokesperson from L&T. 'This bond issuance reinforces our steadfast commitment to sustainable development and responsible business practices while aligning our finances with environmental targets.' Advertisement The SEBI framework, announced on June 5, is aimed at enhancing transparency, accountability, and alignment with international ESG standards. It requires issuers to disclose sustainability goals, obtain external assessments such as Second-Party Opinions (SPOs), and provide post-issuance reporting. Clear Key Performance Indicators (KPIs) and measurable targets are also mandated to track ESG outcomes. As part of the bond deal, L&T has committed to reducing the intensity of fresh water withdrawal and greenhouse gas emissions—steps aligned with its broader goals of achieving water neutrality by 2035 and carbon neutrality by 2040. 'We are pleased to partner with L&T on the first INR Sustainability Linked Bond under SEBI's guidelines, reinforcing our commitment to supporting the Clean Energy Transition in India. We look forward to partnering with corporates across sectors looking to navigate the paths toward their sustainability goals,' said HSBC India.
