Bloomberg An Italian construction company just sold its lease to develop a wind farm in waters off the New Jersey coast for $215 million, about 21,000 percent more than it paid only three years ago. Toto Holding SpA’s US Wind unit, which paid about $1 million for the lease off Atlantic City in 2015, resold it to Electricite de France ...

Bloomberg Kenya needs about $85 million annually in the short term for green projects in agriculture, transport and manufacturing, and as much as $888 million annually during the follow- ing five to 10 years, according to a banking industry lobby. The financing is needed to counter the effects of rapid climate change that could erase about 2 percent of economic ...

Bloomberg Suncor Energy Inc is working with Alberta’s government to help mitigate the “unintended consequences” of mandated oil cuts, a policy company opposed from the start and now says is hitting it disproportionately hard. Suncor said its initial required output curtailment is higher than the 8.7 percent industrywide level, without giving specific amount. That makes it harder to maintain safe ...