Green bond sales explode: It's a burgeoning "giant market"
Green bonds, or fixed-income securities earmarked for climate-friendly investments, have grown into a major market in a handful of years. Maj Invest and Danske Bank are confident the expansion will continue.
BY NIKLAS KRIGSLUND
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The Swedish power company will not build any more new onshore wind farms in Denmark and now intends to divest its current development projects totaling several hundred megawatts. The utility insists that its move is not due to many years of domestic obstacles.
Despite a reduced deficit in the fourth quarter, rig operator Borr Drilling exits 2020 with another deficit of more than USD 300m. The company, which recently secured approval for a rescue plan, still projects a stronger market.