Big congratulations to the The Bond Buyer deal of the year finalists Clean Power Alliance, AlexRenew, The New Terminal One at JFK, and Los Angeles Unified School District for leadership in the muni market. Kestrel worked with all of these issuers on Green Bonds this year and we’ve witnessed firsthand the exceptional teams that bring these deals to fruition. Here’s to more innovation and leadership in 2025! ?? https://lnkd.in/eGWabb5i ? Manoj Patel, Bryan Rowan, Bob DeMichiel,?Lake Akinkugbe, Caitlin Feehan, Sarah Frey, David McNeil, Kate Freeman, Garth Salisbury, Timothy Rosnick, David Hart, Alberto Carvalho #sustainablefinance #finance #munimarket #municipalbonds #muniland #fixedincome
关于我们
Kestrel Sustainability Intelligence? for municipal markets helps set the market standard for sustainable finance. We do this through verification and our comprehensive Analysis and Scores. Kestrel is a leading provider of external reviews for green, social and sustainability bond transactions. We are qualified to evaluate corporate and municipal bonds in all asset classes worldwide for conformance with international green and social bond standards. Kestrel is a certified Women’s Business Enterprise.
- 网站
-
https://kestrelesg.com/
Kestrel 的外部链接
- 所属行业
- 数据基础架构与分析
- 规模
- 11-50 人
- 总部
- Portland,Oregon
- 类型
- 私人持股
- 领域
- ESG、Finance、Data和Fixed Income
地点
-
主要
US,Oregon,Portland
Kestrel 员工
动态
-
It has been a record-breaking year of growth for clean energy community choice aggregators (CCAs) in California! ????? ? CCAs are accelerating the energy transition, improving grid reliability, and reducing utility costs for customers. ? Kestrel is proud to work with its member agencies to provide second party opinions on Green Bonds for these prepayment transactions. Ava Community Energy Central Coast Community Energy Clean Power Alliance MCE Peninsula Clean Energy Pioneer Community Energy San Diego Community Power San José Clean Energy
? California CCAs Secure 18 Gigawatts in New-Build Clean Energy Contracts, Posting Record-Breaking Annual Increase ? CCAs added a record 4,300 MW in contracts in just the past year, their largest annual increase to date. CCA PPAs equate to: ?18,000+ MW of new solar, wind, geothermal, energy storage, and demand response resources ??116 clean energy projects totaling more than 7,900 MW that are already operational and serving CCA customers (Over 2,000 MW became operational in the last year) ??More than $37 billion committed by CCAs to build and operate clean energy resources ??♀?Support for more than 36,000 construction jobs CCAs are procuring energy resources for over 14 million?customers in California, about one-third of the state’s population. Read the full announcement here: https://lnkd.in/gDPrgvi9 Tags: Ava Community Energy Central Coast Community Energy Clean Energy Alliance Clean Power Alliance San Francisco Public Utilities Commission Desert Community Energy Lancaster Energy MCE Orange County Power Authority Peninsula Clean Energy Pioneer Community Energy Rancho Mirage Energy AuthorityRedwood Coast Energy Authority San Diego Community Power San José Clean Energy Silicon Valley Clean Energy Sonoma Clean Power Valley Clean Energy
-
Are municipal bond issuers adapting to climate change??? Climate adaptation is being financed by municipal bonds. While it may be rare to see labelled green bonds in the Climate Adaptation category of the ICMA Principles, countless adaptation and resilience projects are happening across the US, many financed by municipal bonds. Kestrel highlights these bonds every day in our Sustainability Analysis and Scores product.? ? To understand physical climate risk, it’s essential to know both the relevant hazards and the actions being taken to address them. Municipal bond issuers are moving infrastructure out of floodplains, constructing fire-resistant housing, and updating design specifications to withstand extreme weather events. Our Sustainability Analysis and Scores help you identify these important projects, so you can characterize (and price) risk more accurately. Subscribe to Kestrel Sustainability Analysis and Scores to stay informed about issuers preparing for physical climate risks:? https://lnkd.in/gtWxyQsE #Sustainability #GreenBonds #ClimateAdaptation #MuniMarket #Resilience #ClimateRisk
Methodology
https://kestrelesg.com
-
Grid Magazine has a great write-up of the?City of Philadelphia & Philadelphia Energy Authority Kestrel-verified Sustainability Bonds. The bonds financed a major step toward Philadelphia’s climate goals. The Philadelphia Streetlight Improvement Project is a multiyear effort to convert nearly 130,000 streetlights to LED to save electricity and improve public safety. There is important work like this happening in cities across the country. We wish more municipal activities were financed with Green Bonds and Sustainability Bonds. Investors appreciate the transparency of Kestrel’s Second Party Opinions and Reporting. https://lnkd.in/g-RH9Xu2 Matthew Bowman Natalia Dominguez Buckley Matt S. Katie Bartolotta Emily Schapira Pete Nissen Julius Coursey Kristen Fontana Joseph Breen
An effective way to fund municipal sustainability projects is taking hold - Grid Magazine
https://gridphilly.com
-
Kestrel is excited to announce a new partnership with Investortools. Our Sustainability?Scores on municipal bonds are now available across Investortools' products. We've collaborated to make analysis of sustainability and resilience more accessible to investors. Thank you to Tim Hadley Jessica McDaniel David Garringer for making this happen. #munis #munibonds?#municipalbonds?#muniland #buyside #ESG #SMAs #FixedIncome
Investortools, Inc. is thrilled to announce?a new partnership with Kestrel to add their?Sustainability Scores for municipal bonds to Investortools’ products. The collaboration builds on Investortools’ current ability for clients to score bonds based on environmental, social, and governance data attributes. Kestrel's Sustainability Scores further support informed decisions regarding portfolio construction, compliance, and ongoing management. "Investortools?delivers critical?workflow tools to the buy-side and sell-side in the municipal market. Many of our customers shared their desire to access Kestrel analytics?through Investortools.?We are excited to work closely with?the team at?Investortools?to improve?access to fundamental information about transition alignment,?sustainability,?and?resilience in?municipal finance. - Monica Reid, CEO of Kestrel. “Kestrel's Sustainability?Scores will provide our clients with additional tools to evaluate?the?sustainability and risk?profiles?of municipal bonds?in their portfolios or under consideration for investment. By integrating these scores into our software, clients can seamlessly incorporate them?into their workflow, enhancing the efficiency of their decision-making processes.” - Tim Hadley, Senior Vice President of Sales at Investortools Learn more about the partnership: https://bit.ly/3TEmOar
-
We commend Goodwin University and University of Bridgeport for their comprehensive approach to serving the needs of diverse students and the communities in?East Hartford?and?Bridgeport. The Social Bonds designation with a Second Party Opinion from Kestrel is a fantastic way to underscore the positive impacts of an issuance for investors. https://lnkd.in/gtJJx925 Bill Guerrero Edwin Meyer Kate Biggar Joanne Lynch Thorndike Steven Johnson CHEFA (Connecticut Health & Educational Facilities Authority) #SustainableBondMarket #SocialBonds #TransitionFinance #MunicipalBonds #SustainableFinance #Sustainability #ESG #Finance #SustainableInvesting #HigherEducation #Education?
Goodwin University and University of Bridgeport Issue Tax-Exempt Social Bonds to Improve Access to Education for Underserved and Low-Income Students
prnewswire.com
-
Congratulations to Connecticut Green Bank for this well-deserved recognition. Kestrel has worked with the Green Bank since 2019, providing Second Party Opinions on Green Bonds. We also?review and provide assurance on their impressive impact reports. Green banks are vital to advancing the just transition to a decarbonized economy. ? Since 2019, loans supported through Green Liberty Notes have financed over 6,800 energy efficiency projects that are expected to result in nearly 1,300,000 tons of avoided CO2 emissions over the projects’ lifetimes. Check out the detailed impact reporting for this program in the 2023 Annual Comprehensive Financial Report on page 285+: https://lnkd.in/gg3cZq26 David Beech Eric Shrago Coalition for Green Capital
We are very excited and honored to be recognized by Clean Energy States Alliance (CESA) and the judges of the 2024 State Leadership in Clean Energy Awards as a winner for our Green Liberty Notes. David Beech accepted the Award at the recent CESA meeting. Read more about the 2024 award winning programs here: https://lnkd.in/gr56DUfd
-
Kestrel offers a variety of services and data products to support the transition to a decarbonized economy. ? Second Party Opinions and Climate Bond Verification ? No-cost eligibility reviews for labelled bonds ? ESG Frameworks and Reporting? ? Sustainability Analysis and Scores on Municipal Bonds ? Assistance with Entity-Level Certification through Climate Bonds Initiative We support corporate bonds worldwide and US public finance: https://lnkd.in/gY5gjSzK #SustainableBondMarket #GreenBonds #TransitionFinance #MunicipalBonds?#SustainableFinance #Sustainability #Benchmarks #ESG #Finance #SFDR #SustainableInvesting
FAQs / green & social bonds - Kestrel
https://kestrelesg.com
-
We are very happy to see the #9thClimateBondsAwards recognize our client, California Community Choice Finance Authority, as the Largest US Green Muni Issuer of 2023.?Great leadership by CCCFA and their members! Clean Power Alliance Central Coast Community Energy Ava Community Energy Silicon Valley Clean Energy Pioneer Community Energy Garth Salisbury Kate Freeman David McNeil Howard Chang California Community Choice Association MCE, California's First Community Choice Aggregation Program ? Learn more here https://lnkd.in/gVDyZt5 ? #9thClimateBondsAwards #greenbonds #sustainablefinance #greentransition #greenresilience #munibonds
?? Exciting news! California Community Choice Financing Authority takes home the title for Largest US Green Municipal Issuer of 2023 at the #9thClimateBondsAwards! ?? ?? CCCFA has to date issued nearly $10 billion in prepayment bonds on behalf of CCAs, saving participating community choice ratepayers roughly USD 60 million annually, or nearly USD 2 billion over the life of prepaid energy contracts. ?? Check out the full list of winners here: https://ow.ly/gmBK50SfPrA
-
Congratulations to Aymium for this massive achievement! The Kestrel team provided the Second Party Opinion and support for compliance. The project in Williams, California is optimized to reuse diverse sources of sustainable feedstock to produce a bioenergy product.?
Today, it was announced that our Green Credit Fund (CI GCF I) was part of a global lending consortium providing $210 million financing to?Aymium?for the construction of an advanced biocarbon production facility in Williams, California. The facility will be the first in the world?to support?large-scale coal replacement in power generation with renewable biocarbon. Jakob Groot, Partner at CIP and co-head of its Green Credit Fund, said: “We are proud to be part of this experienced lending consortium that is supporting?Aymium?in financing the construction of the Williams project?and?Hokuriku Electric Power Company?in their continued decarbonization efforts. This financing represents an attractive opportunity for us and our investors.” CI GCF provided senior debt jointly with?ECP (Energy Capital Partners).? Read more about CIP’s Green Credit Fund?here: https://lnkd.in/eJmXG_f5 and read the full story here: https://aymium.com/news/