Sentences with phrase «holding coal assets»

As we reached the record low gas prices of 2012, other utilities had to ask questions they had never contemplated before: Were they holding coal assets that were now a lot more expensive than their value?

Not exact matches

Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.

Holdings in the Holmes Macro Trends Fund (MEGAX) and Emerging Europe Fund (EUROX) as a percentage of net assets as of 6/30/2015: Peabody Energy Corporation 0.00 %, Arch Coal Inc. 0.00 %, Freeport - McMoRan Inc. 0.00 %, Newmont Mining Corp. 0.00 %, Barrick Gold Corp. 0.00 %, Valcambi SA 0.00 %, Delta Air Lines Inc. 0.00 %, Alaska Air Group Inc. 0.00 %, JetBlue Airways Corporation 0.00 %, Ryanair Holdings plc 0.00 %, Aegean Airlines SA 0.00 %, Pegasus Hava Ta??

This summer the Swedish company sold its German coal - related assets to the Czech company Energeticky a Prumyslovy Holding AS and PFF Investments Ltd..

Fortum has already signed an agreement to buy a 47 % share of Uniper currently held by E.ON, a German utility that spun off its coal, oil, gas, and nuclear assets to form Uniper in January 2016.

Investors should adjust the valuation ascribed to coal generation assets held by utilities.

Norway's Storebrand, which holds more than $ 30 billion in assets, recently announced that it would exclude 13 coal and six oil sands companies from all investments «to reduce Storebrand's exposure to fossil fuels and to secure long - term, stable returns for our clients.»