Bank of America Corp. has issued a $2.25 billion bond to support clean energy projects, making it the largest so-called green bond issuance that the bank has done to date. The Charlotte, North Carolina-based bank has now issued four corporate green bonds, raising a total of $4.35 billion for renewable energy projects since 2013. “We’ve seen tremendous demand in the debt capital markets, with all four of our green bonds significantly oversubscribed,” Anne Finucane, a vice chairman at the...

Swiss Re provided solar revenue put to guarantee 95% of output Solar put can cut risk, make financing cheaper: KWh Analytics Insurance giants like Swiss Re AG, with the help of a San Francisco firm, now have a way of guaranteeing production from solar farms -- not an easy feat considering supplies from these plants rise and fall with the sun. The product that at least one insurance company is now offering is called a solar revenue put. It was developed by risk-management software firm KWh...