Moody's

Lumo Homes Q3 Revenue Rises 12% as Valuation Cuts Trigger Loss

HELSINKI – November 05, 2026 -- Lumo Homes plc swung to a third-quarter pre-tax loss of EUR 87.7 million, against a profit of EUR 32.8 million a year earlier. Higher yield requirements drove a EUR 139.6 million negative fair-value result on investment properties, even as revenue rose 12.0 percent to EUR 127.3 million.

Lumo's third-quarter net rental income rises 11.5 percent to EUR 95.9 million

Net rental income represented 75.3 percent of revenue, compared with 75.7 percent a year earlier. Funds From Operations (FFO) increased 4.7 percent to EUR 46.1 million from EUR 44.1 million. Earnings per share were EUR -0.27, against EUR 0.11 a year earlier. Gross investments fell to EUR 10.6 million from EUR 13.6 million.

CPA Closes $1.4B Prepay Bond, Lifting Total Savings to $519.1M

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CPA Closes $1.4B Prepay Bond, Lifting Total Savings to $519.1M

Los Angeles – October 19, 2026 -- Clean Power Alliance (CPA) closed its seventh energy prepayment bond transaction, valued at $1.4 billion, and expects about $91.1 million in renewable energy cost savings over the bonds' initial 7-year period, an average of $12.7 million per year.

The deal lifts CPA's cumulative prepay issuance to $8.3 billion. Initial-period savings across all seven transactions now total $519.1 million, or roughly $65 million per year on average.

J.P. Morgan acts as underwriter and prepaid energy supplier for the first time

This is CPA's first prepay bond with J.P. Morgan as underwriter and J.P. Morgan Ventures Energy Corporation as prepaid energy supplier. According to CPA, it is also the first electric prepay deal in the U.S. completed with J.P. Morgan.

Moody's assigned the bonds an investment-grade Aa3 rating, and Kestrel gave them a 'Green Bonds' designation.

UN Global Compact Summit Pushes Firms to Turn ESG Pledges Into Capital Action

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UN Global Compact Summit Pushes Firms to Turn ESG Pledges Into Capital Action

New York – – September 24, 2026 -- More than 750 business leaders, investors and policymakers concluded the UN Global Compact's 2026 Leaders Summit in New York, pressing companies to convert sustainability commitments into measurable capital, operational and supply-chain decisions amid geopolitical uncertainty and economic volatility.

Global Compact plans shared infrastructure by 2027 to de-risk sustainable investment

The two-day summit, held during UN General Assembly high-level week, focused on Driving Sustainable Growth and Resilience. The Global Compact announced plans to build shared infrastructure by 2027 spanning climate, living wages, gender equality and sustainable finance, aimed at aggregating demand, de-risking investments and scaling solutions across global value chains.