Bloomberg NextEnergy Renewables Ltd plans to raise 300 million pounds ($412 million) in an initial public offering in London, capitalising on growing demand for sustainable investments. The company will invest in renewable power assets and other infrastructure that enables the transition away from fossil fuels, the latest example of asset managers trying to match investors increasing concerns about environmental, social ...

Bloomberg A unit of GCL-Poly Energy Holdings Ltd defaulted on a $500 million bond after ending an exchange offer with existing bondholders. GCL New Energy Holdings Ltd announced the default in a Monday exchange filing. The firm, which operates solar power plants, is majority owned by GCL-Poly, one of the world’s leading makers of solar-grade polysilicon, and whose shares have ...

Bloomberg Indian firms are returning to the liquefied natural gas (LNG) spot market as prices for the fuel recede from record-high levels. Importers including Indian Oil Corp and Petronet LNG Ltd have issued at least eight tenders seeking supplies for February to March delivery in the last two weeks. So far, four of them have been awarded. Most end-users stopped ...