Green Business

BlackRock Real Assets has achieved a US$1 billion first close for its Global Renewable Power III fund (“GRP III,”) with commitments from over 35 institutional investors in North America, Europe and Asia.

CNP Assurances has successfully launched its first subordinated green bond issuance. Jean-Philippe Médecin, the director of the prop trading and financing department at CNP Assurances, gave us more details.

CNP Assurances is among the first French institutional investors to sign up to the Net-Zero Asset Owner Alliance, an unprecedented initiative supported by the United Nations aimed at strengthening and accelerating commitments to implement the Paris Agreement.

The day before the Climate Finance Day, which will be held in Paris on 29 November, and ahead of COP 25, which takes place in Madrid from 2 to 13 December, Societe Generale reaffirms its commitments in favour of a responsible ecological transition.

As a player in the transition to a decarbonised economy, CNP Assurances is pleased to announce the successful launch on 20 November 2019 of its first subordinated green bond, maturing in July 2050, with early redemption options from July 2030.