Tag "3"

EU set to meet green energy goal but UK, Netherlands trail

By Susanna Twidale LONDON (Reuters) – The European Union is collectively on track to achieve its goal of sourcing a fifth of its energy from renewables by 2020, although Britain, the Netherlands and Luxembourg are currently lagging behind, the European Commission said on Tuesday. Renewable energy is expected to have accounted for 15.3 percent of total energy consumption in the EU last year, the Commission said, setting the bloc on

White House rallies investors to commit $4 billion to clean energy

The White House has pushed foundations, institutional investors and philanthropies to commit more than $4 billion to clean energy projects and help fight climate change, doubling a goal set in February, officials said. The administration issued a call to action early in the year asking them to make commitments on clean energy innovation, and “we’ve seen a really overwhelming response,” White House senior adviser Brian Deese told reporters in a

Sun Life to acquire real estate manager Bentall Kennedy for C$560 million

By Allison Lampert and John Tilak MONTREAL, TORONTO (Reuters) – Sun Life Financial said Monday it is acquiring North American real estate investment manager Bentall Kennedy Group for C$560 million, as part of the financial services group’s larger strategy to expand its capabilities in commercial property. Through the deal, Bentall Kennedy, which provides property management, real estate investment and leasing services in Canada and the United States, will become a