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Poland brings wind works to standstill with $131mn at risk

  Bloomberg Poland’s law restricting the proximity of turbines near homes is bringing the wind-energy industry to a standstill, according to environmental researchers. At stake are more than 500 million zloty ($131.4 million) spent by investors to date on developing wind projects, according to a survey published on the website of Ambiens sp. z o.o. Environmental consultants last month polled ...

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Portugal’s bonds decline amid speculation of rating downgrade

  Portugal / Bloomberg Portugal’s government bonds fell for a second day amid speculation that ratings company DBRS Ltd. may downgrade the nation’s sovereign debt. The country’s 10-year bond yield rose to the highest in more than two weeks. DBRS’s rating of BBB (low) leaves it the only major company to rank Portugal’s debt as investment grade. That’s essential for ...

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Norway’s sovereign fund posts positive Q2 return

  Oslo / AFP Norway’s sovereign wealth fund, the world’s biggest, posted a positive return on Wednesday for the second quarter, despite market pressure from Britain’s decision to leave the EU. The fund registered a return of 1.3 percent, or 94 billion kroner, putting its value at 7.18 trillion kroner ($876 billion, 777 billion euros) at the end of the ...

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