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Diginex Limited Added to S&P Global BMI Index, Marking Key Milestone in the Company’s Development
Globenewswire· 2025-06-26 11:30
Core Insights - Diginex Limited has been included in the S&P Global Broad Market Index (BMI), effective June 22, 2025, marking a significant milestone for the company [1][2][3] Company Overview - Diginex Limited is a leading provider of Sustainability RegTech solutions, focusing on streamlining ESG, climate, and supply chain data collection and reporting [5] - The company utilizes advanced technologies such as blockchain, AI, and machine learning to enhance transparency in corporate regulatory reporting and sustainable finance [5] S&P Global BMI Inclusion - The S&P Global BMI is a comprehensive equity benchmark that includes over 14,000 companies from developed and emerging markets, indicating Diginex's compliance with standards of market capitalization, liquidity, and public float adjustment [2][4] - Inclusion in the S&P Global BMI is expected to enhance Diginex's visibility among institutional investors and broaden its shareholder base, potentially improving trading liquidity and supporting long-term growth [3][2] Product and Service Offerings - Diginex's award-winning diginexESG platform supports 17 global frameworks, including GRI, SASB, and TCFD, providing clients with comprehensive ESG reporting solutions [6] - The platform offers end-to-end support, including materiality assessments, data management, stakeholder engagement, and report generation [6]
JinkoSolar Releases "How to Finance Solar for All?" Position Paper During 2025 London Climate Week
Prnewswire· 2025-06-24 13:01
Core Insights - JinkoSolar announced the release of a position paper titled "How to Finance Solar for All?" during the London Climate Week 2025, aimed at addressing challenges in scaling solar finance globally [1][2] - The paper provides actionable strategies to mobilize capital in underserved regions, reflecting a multi-stakeholder effort to promote financial inclusion in the solar transition [2] - JinkoSolar participated in a high-level Finance Roundtable focused on lowering solar finance costs, collaborating with policymakers, financial institutions, and industry experts [3][4] Company Overview - JinkoSolar is one of the largest and most innovative solar module manufacturers globally, distributing products and services to a diverse international customer base across multiple countries [5][6] - As of March 31, 2025, JinkoSolar operates over 10 production facilities and has more than 20 overseas subsidiaries in various countries, supported by a global sales network [6]
Norsk Hydro: Successful placement of inaugural European Green Bond
Globenewswire· 2025-06-10 16:30
Norsk Hydro ASA has successfully issued EUR 500 million of senior unsecured European Green Bonds (EuGB) under its Euro Medium Term Note (EMTN) Programme. The new bond has a tenor of 8 years and a fixed annual coupon of 3.75 percent (3.779 percent reoffer yield). "We are delighted to have completed such a successful placement and issued our inaugural EuGB. The strong interest confirms that Hydro is considered an attractive investment for bond investors supporting our strategy of pioneering the green aluminiu ...
IEA国际能源署:2025年世界能源投资报告(英文版)
Sou Hu Cai Jing· 2025-06-07 01:45
Global Energy Investment Overview - Global energy investment is projected to reach USD 3.3 trillion in 2025, a 2% increase from 2024, with clean energy investments totaling USD 2.2 trillion, accounting for two-thirds of total investments, while fossil fuel investments are expected to be USD 1.1 trillion [1][21][58] - The uncertainty in economic and trade outlooks has led some investors to adopt a cautious approach towards new project approvals, although spending on existing projects remains unaffected [21][22] Power Sector Investment - The electricity sector is set to receive USD 1.5 trillion in investments by 2025, which is 50% higher than investments in fossil fuel supply [2][24] - Solar photovoltaic (PV) investments are expected to reach USD 450 billion, making it the largest single investment area, with significant contributions from Chinese exports to developing economies [2][25][27] - Battery storage investments are projected to grow to USD 66 billion, while grid investments are lagging behind, with annual spending at USD 400 billion [2][30] Fossil Fuel Supply Dynamics - Investments in fossil fuels are experiencing their first decline since 2020, with upstream oil investments decreasing by 4% and natural gas investments remaining stable [3][31] - Coal investments are expected to grow by 4%, primarily driven by demand in China and India, while low-carbon fuel investments are projected to reach USD 30 billion [3][35][36] Demand Side and Electrification - Investments in electrification and energy efficiency are expected to reach USD 800 billion by 2025, nearly doubling over the past decade, with electric vehicle sales significantly contributing to this growth [4][37] - The building sector is seeing a slowdown in energy efficiency investments due to policy changes, but demand for efficient appliances is rising [4][37] Regional Investment Trends - China leads global energy investments, accounting for nearly one-third of clean energy investments, while the U.S. and Europe focus on grid, storage, and hydrogen energy [5][41] - Developing economies, particularly in Africa, face significant investment imbalances, with Africa only accounting for 2% of global clean energy investments despite having 20% of the world population [5][42] Financing and Innovation - Commercial financing dominates energy investments, making up 75% of the total, while developing economies rely heavily on international public funding [6][44] - Clean energy R&D spending continues to grow, but venture capital investment in energy has declined, with a shift towards AI-related projects [6][49] Summary of Challenges and Path Forward - The report highlights the need for increased investments in renewable energy, grids, and storage to meet net-zero targets, while addressing bottlenecks in policy frameworks and financing [7][50][52]
Cardano Foundation and Switzerland for UNHCR cooperate in Industry-First ETP That Funds Refugee Support Through Crypto Staking, Geneva, Switzerland
Globenewswire· 2025-05-27 09:30
Core Insights - The launch of the Cardano Impact for UNHCR ETP (CASL) on May 28, 2025, aims to connect institutional capital with humanitarian relief through blockchain technology, addressing the challenges of funding essential services for over 100 million displaced individuals worldwide [1][2]. Product Overview - CASL is the first regulated exchange-traded product that converts blockchain staking rewards into continuous funding for UNHCR, automatically donating 100% of staking rewards to support refugees in over 135 countries [2][4]. - The product is structured to be physically backed 1:1 by Cardano (ADA) and has a management fee of 1.5%, allowing investments in USD, EUR, or CHF without requiring blockchain knowledge [4][16]. Financial Impact - Based on current ADA staking yields of approximately 3.5% APY, the CASL ETP could generate annual donations of $1.5 to $2 million with $50 million in assets under management, directly supporting UNHCR's emergency response and refugee programs [3][4]. Technical and Regulatory Framework - The CASL ETP is designed by issuance.swiss AG and operates under Swiss regulatory approval, simplifying the investment process by eliminating complexities associated with cryptocurrencies [4][5]. - Custody and staking services are provided by Taurus SA, a regulated firm in Switzerland, ensuring the security and operational efficiency of the ADA contributions [5][6]. Broader Implications - The innovative model of CASL is attracting attention from other humanitarian and philanthropic organizations, with plans to replicate this impact-linked ETP model for other causes such as education and climate resilience within the next 6 to 12 months [8][9]. - Cardano, with a market cap of approximately $22 billion and a price of around $0.62, is positioned as a suitable blockchain for mission-critical applications due to its proof-of-stake consensus and environmental efficiency [7].
Philips successfully prices offering of Notes for EUR 1 billion to be used for repayment of existing debt and to finance eligible green projects
Globenewswire· 2025-05-15 19:00
May 15, 2025 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the successful pricing of its offering of EUR 500 million fixed rate notes due 2030 and EUR 500 million fixed rate notes due 2035 (the “Notes”) under its European Medium Term Note (EMTN) program. The net proceeds will be used for general corporate purposes, the repayment of 2026 debt maturities, and to refinance or finance any Eligible Projects as defined in Philips’ Sustaina ...
Abaxx Announces First Carbon Futures Delivery on Abaxx Exchange
Globenewswire· 2025-05-07 11:30
Core Insights - Abaxx Technologies Inc. has successfully completed its first delivery under a carbon futures contract on the Abaxx Exchange, marking a significant milestone for the company [1][2] - The delivery involved 50 lots of May 2025 CORSIA Phase 1 Carbon Offset Unit Futures priced at USD $24.25 per tonne of CO₂ equivalent, validating the exchange's infrastructure for managing environmental assets [2][3] Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and the majority shareholder of Abaxx Singapore Pte Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse [1][7] - The company aims to create smarter markets by providing better tools, benchmarks, and technology to address societal challenges, including the energy transition [6][8] Market Infrastructure - The Abaxx Exchange offers a suite of physically-deliverable futures contracts across various sectors, including energy, environmental, battery materials, and precious metals [4][8] - The CORSIA Phase 1 Carbon Offset Unit Futures contract, launched in June 2024, is part of this growing suite and is designed to support price formation, risk management, and forward planning in environmental markets [4][8] Transaction Details - The first delivery was executed between Mercuria Energy Trading SA and a U.S.-based counterparty, facilitated by Eagle Commodities, with clearing services provided by KGI Securities, Marex, and another bank clearing firm [3][4] - The transaction involved the transfer of eligible CORSIA Phase 1 carbon units from Mercuria to a registry account for the buyer, fulfilling the delivery obligations under the futures contract [3][4] Commitment to Sustainable Finance - Abaxx Exchange's infrastructure is designed to empower clients in the evolving environmental asset landscape, emphasizing the importance of sustainable finance [4][8] - The successful execution of the carbon futures contract highlights the company's commitment to connecting capital to climate-linked exposures [4][8]
His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan acquires Warrants of Diginex Limited to Purchase 6.75 Million Ordinary Shares of Diginex for USD$300 million via a Private Transaction
Globenewswire· 2025-05-06 20:30
Core Insights - Diginex Limited has secured a significant investment from His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan, amounting to USD 300 million for warrants to purchase 6.75 million ordinary shares, reinforcing its position in sustainable finance and innovation [1][4]. Investment Details - The investment was made through Nomas Global Investments L.L.C, with an initial payment of USD 50 million confirmed, and the remaining USD 250 million due by December 31, 2025 [2][3]. - The warrants consist of three tranches, allowing the purchase of 2,250,000 shares each at prices of USD 8.20, USD 10.25, and USD 12.30, with expiration dates ranging from 15 to 24 months after January 23, 2025 [3]. Strategic Alliances - This acquisition follows a strategic alliance announced on March 17, 2025, which includes plans for a dual listing on the Abu Dhabi Securities Exchange and a potential capital raise of up to USD 250 million [4]. - Diginex aims to enhance its commitment to the UAE and contribute to the region's sustainability and economic diversification goals [4][5]. Technological Leadership - Diginex is positioned as a leader in ESG technology, utilizing blockchain, AI, and data analytics to improve transparency and efficiency in ESG reporting [5][8]. - The company supports 17 international frameworks, including GRI, SASB, and TCFD, providing comprehensive solutions for sustainability data management [9]. Vision and Commitment - His Highness expressed confidence in Diginex's potential to impact sustainable finance significantly, emphasizing a shared vision of leveraging technology for sustainability [5][7]. - Diginex is committed to expanding its influence in sustainable finance globally, aligning with regional goals like Vision 2030 and Net Zero by 2050 [6].