Investments

               
Intersect Power secures $837 million financing for Texas…
Intersect Power, LLC, announced the closing of two transactions totalling $837 million of financing commitments for the construction and operation of three standalone Battery Energy…
               
Asset manager Eurazeo’s first transition infrastructure program closes…
European asset manager Eurazeo announced that its first infrastructure program has closed with €706 million in aggregate commitments from institutional investors across North America, EMEA,…
               
Spain announces $2.5 billion plan to boost renewable…
Spanish Prime Minister Pedro Sanchez unveiled a new 2.3 billion euro ($2.5 billion) plan on Wednesday to accelerate Spain’s shift to clean energy. The plan…
               
AIIB provides funding worth $75 million to a…
The Asian Infrastructure Investment Bank (AIIB) has signed a $75 million financing contract to support green and blue bonds to be issued by Southeast Asia…
               
India’s REC avails green loan facility worth $200…
India’s REC Limited, a financial firm for the power sector, announced that it has secured a 5-year green loan amounting to ¥31.96 billion (around $200…
               
EIB and Poste Italiane sign €450 million deal…
The European Investment Bank (EIB) and Poste Italiane announced the signing of a €450 million finance contract to explore ways to “boost service digitalisation and…
               
Report reveals massive institutional investments in fossil fuels 
Urgewald, a non-profit environmental and human rights organization, in collaboration with 13 partner organizations, released the financial research report “Investing in Climate Chaos,” which sheds…
               
China’s Ministry of Industry sets new solar PV…
China’s industry ministry proposed a draft rule on Tuesday that raises the minimum capital requirement to 30% for solar photovoltaic (PV) manufacturing projects. Previously, the…
               
CalPERS allocates nearly $10 billion to climate action…
The California Public Employees’ Retirement System (CalPERS) announced a commitment of almost $10 billion to advancing global efforts to transition to a low-carbon economy.   This…
               
EIB Global supports €271 million Egyptian climate and…
During the EU-Egypt Investment Conference in Cairo, the European Investment Bank (EIB Global) unveiled a €271 million financing initiative aimed at empowering industrial companies throughout…
               
Egypt’s wind megaproject of $10 billion to begin…
Construction on one of the world’s largest wind farms in Egypt is set to commence by March 2026, according to a statement from a company…
               
Renewable energy start-up Xurya raises $55 million in…
Xurya, a renewable energy company providing rooftop solar rentals with no upfront costs in Indonesia, has announced securing an additional $55 million investment.  It said…
               
World Bank invests additional $1.5 billion to boost…
The World Bank’s Board of Executive Directors announced that it has approved $1.5 billion in financing for a second operation to help India accelerate the…
               
ARENA approves $143 million for 370 community batteries…
The Australian Renewable Energy Agency (ARENA) announced that it has conditionally approved up to $143 million to support the deployment of approximately 370 community batteries…
               
Malaysian bank under fire for financing Vietnamese coal…
While Malaysia commits to phasing out coal power domestically, a Malaysian government-owned development bank has agreed to finance the Song Hau 2 coal plant in…
               
Google buys stake in BlackRock-owned solar power firm…
Google announced that it has bought a stake in Taiwan’s New Green Power and plans to purchase up to 300 megawatts of renewable energy from…
               
Invesco launches $1.6 billion US climate ETF backed…
Amid US investors withdrawing from sustainable funds, Atlanta’s Invesco has introduced a new climate-focused ETF. The fund received an initial $1.6 billion in assets from…
               
ERM offers new guidelines for investing in Nature…
The ERM Sustainability Institute launched a new guide to help corporate investors and financial institutions understand how and why to invest in high-integrity Natural Climate Solutions (NCS). …
               
EIB and Cepsa sign €285 million loan agreement…
The European Investment Bank (EIB) and Cepsa announced the signing of a €285 million loan agreement. The funds will be used by Cepsa to construct…
               
Singapore’s Renewable Energy Investor Acquires Rānui Generation 
SC Oscar, the Singapore-based renewable energy investor, acquired New Zealand renewables developer Rānui Generation for an undisclosed amount, as the infrastructure fund manager aims to…
               
US DOE announces over $63 million to support…
The US Department of Energy (DOE) announced $63 million to support four transformative energy technologies through the Seeding Critical Advances for Leading Energy Technologies with…
               
LanzaJet secures MUFG investment to scale sustainable aviation…
LanzaJet, a sustainable fuels company, revealed that it had received an investment from Mitsubishi UFJ Financial Group (MUFG) to accelerate the deployment of its “proprietary…
               
EBRD to provide loan to Turkey’s cement sector…
The European Bank for Reconstruction and Development (EBRD) announced that it will be providing Türkiye’s Cimsa, a cement producer, to bankroll the company’s decarbonisation investment…
               
Temasek and Blackrock to invest in carbon removal…
In a joint partnership, Singapore’s Temasek and BlackRock have initiated a $69 million capital raise to enhance global carbon removal efforts by Swiss firm Neustark. …
               
EU backs 650-billion-euro plan through climate financing initiative 
A European Union informed that a group of 112 cities aiming to eliminate their net greenhouse gas emissions by 2030 would need 650 billion euros…
               
Investors to start talks with companies to drive…
Over 200 investors have proposed a plan to initiate discussions with 60 companies about biodiversity. The focus will be on companies operating in countries where…
               
Alcazar Energy announces $500 million investment to launch…
In a press release, Alcazar Energy Partners unveiled its plans to launch the biggest onshore wind farm project in North Macedonia with an investment of…
               
EU distributes nearly €3 billion across member states…
The European Commission announced that the European Union (EU) has distributed €2.967 billion via the Modernisation Fund to back 39 energy projects in 10 member…
               
Doral Renewables secures $400 million investment from Dutch…
Doral Renewables, a US-based developer, owner, and operator of renewable energy and storage projects, announced a $400 million minority equity investment by Dutch pension fund…
               
Australia’s first CIS auction attracts 40 GW of…
Australia’s inaugural National Capacity Investment Scheme (CIS) auction has attracted significant interest. Investors propose 40 GW of new renewable energy projects, including wind and solar…
               
Climate Arc urges investors to target high-emitting sectors…
Climate Arc, a nonprofit providing guidance, data and funding to promote green investments, argues that climate investors must target the sectors with the highest emissions…
               
SENCO announces €20 million investment in Strohm’s to…
SENCO Hydrogen Capital, a private equity firm specializing in investments in hydrogen and energy-in-transition spaces, announced a € 20 million investment in Strohm, an international…
               
ADB invests $50 million in Actis Fund to…
The Asian Development Bank (ADB) has committed $50 million to the Actis Asia Climate Transition Fund, which is managed by Actis, a global investor in…
               
UK’s Octopus Energy to invest $2 billion in…
Octopus Energy, a UK-based electricity supplier, announced its first investment in US renewables. It targets investment worth $2 billion in US renewables by 2030.  In…
               
DRI expands renewable portfolio in Romania with 126…
DRI, the renewable energy arm of DTEK Group, announced in a press release that it is purchasing a 126-megawatt (MW) solar park project in Văcărești.  …
               
Asset management firm to invest $267 million in…
White Summit Capital, an investor and asset manager in sustainable energy infrastructure, will invest 250 million euros ($267 million) in a green hydrogen and methanol…
               
IFC commits $105 million to Brookfield’s 500 MWp…
The International Finance Corporation has announced its commitment to partially finance a 550 MWp solar power project in Rajasthan, India, managed by Brookfield Asset Management.  …
               
Energy investments key to propel Africa’s prosperity, IEA…
In a recent report, the International Energy Agency highlighted the vitality of energy investments in the prosperity of the nation.   The report highlights disparities, revealing…
               
African, Inter-American Development bank leaders seek $20 billion…
Leaders of the African and Inter-American Development Banks are touring North America, the Middle East, Korea, and Brazil to secure $20 billion in IMF reserve…
               
Southeast Asia’s green transition at risk due to…
Southeast Asia’s green energy transition is facing uncertainty due to a notable reduction in climate development finance allocated to the region, a new Lowy Institute…
               
Essar Group announces $3.6 billion investment in green…
Essar Group, an India-based firm, will invest Rs 30,000 crore ($3.6 billion) over the next four years in setting up a green hydrogen plant in…
               
Clean energy investments for emerging nations among top…
People in countries most vulnerable to climate change face the consequences of extreme weather conditions. Despite playing a minimal role in driving climate change and…
               
SA explores private investment in transmission capacity to…
The head of a South African government office responsible for auction rounds for state-provided renewable energy stated that establishing a similar agency to encourage private…
               
Highview Power secures £300 million investment for UK’s…
Highview Power, an energy storage company, announced that it has secured the support of the UK Infrastructure Bank (UKIB) and Centrica with a £300 million…
               
Vesper Energy secures $592 million investment for Hornet…
Vesper Energy, a renewable energy developer, finalized construction and term loan syndication for its Hornet Solar project, totalling around $592 million in investment.   In a…
               
World Bank’s new fund to assist climate-affected vulnerable…
The World Bank’s Board of Executive Directors approved a plan to act as interim host of a fund that will provide financial support to developing…
               
OMV Petrom to invest $805 million to build…
Key Points: Sustainable Aviation Fuels (SAF) and Renewable Diesel (HVO) Plant OMV Petrom, a leading oil refinery company, has announced plans to invest $805 million…
               
Asset manager announces launch of Sustainable Equity Water…
Candriam, a global asset manager, announced the Candriam Sustainable Equity Water Fund. According to a statement, the fund will invest in “economic activities contributing to…
               
Hitachi Energy to invest additional $4.5 billion by…
Hitachi Energy plans to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnership by 2027 to accelerate the clean energy transition.  In…
               
Candi Solar lands $38 million in funding to…
Candi Solar, a clean energy company specializing in solar power solutions, announced that it had secured $38 million in equity investment in a successful funding…
               
European Investment Fund partners with Finnish Banks to…
The European Investment Fund (EIF) has finalised agreements with eight leading banks and financial institutions located in Finland to extend assistance to “small and medium-sized…
               
Adani Green Energy plans to invest over $1…
India’s Adani Green Energy Ltd (AGEL) will invest over $1 billion in setting up wind power and other energy projects in Sri Lanka. This would…
               
New Zealand plans to lift oil, gas exploration…
The government of New Zealand is planning to lift a ban on offshore petroleum exploration, citing energy security challenges from rapidly declining natural gas reserves. …
               
Australia renewables investment needs faster growth to meet…
According to a report by the Clean Energy Council, investment in major renewable energy projects in Australia bounced back in the first quarter from last…
               
Brookfield Asset Management and Microsoft ink largest-ever clean…
Brookfield Asset Management’s energy arm and Microsoft have inked a clean-energy purchase agreement to develop wind and solar farms.   The deal, set to commence in…
               
Insurance sector faces ‘tremendous volatility’ amid climate crisis,…
On Thursday, CEO Evan Greenberg told CNBC’s Jim Cramer that climate change is a significant contributing factor influencing insurance prices. “Climate change has created tremendous…
               
Africa Energy Bank set up with a capital…
In a press release, the African Petroleum Producers Organization, along with the African Export-Import Bank (Afreximbank), announced the signing of the Establishment Agreement and the…
               
Sol Systems secures $85 million debt investment from…
Macquarie Asset Management and Sol Systems have announced an $85 million debt investment to support the construction and operation of five utility-scale solar projects in…
               
CIF backs Philippines with $500 million investment plan…
The governing board of the Climate Investment Funds (CIF) has approved the Philippines government’s investment plan. As part of it, the government will receive an…
               
Global clean energy investment to hit $2 trillion…
The International Energy Agency (IEA) forecasts that global investment in clean energy technology and infrastructure will reach $2 trillion this year, doubling the amount allocated…
               
Sustainable investment opportunities open in Indonesia says minister 
Nurul Ichwan, Deputy for Investment Promotion at the Ministry of Investment, said the growing demand for sustainable products is boosting new investments in clean and…
               
Climate advisory firm optimistic about venture capital investments…
Pollination Group, a climate change advisory and investment firm, observes better opportunities for venture capital investments in Australia as the government ramps up support for…
               
New analysis shows COP28’s promised global goals to…
According to the International Energy Agency’s analysis released on Tuesday, the combined efforts of countries would expand renewable energy by 2.2 times by 2030. The…
               
BlackRock invests $500 million in Recurrent Energy towards…
Recurrent Energy, a subsidiary of Canadian Solar Inc., announced the initial closing and funding of an investment in its platform by BlackRock through a fund…
               
Homecoming Capital invests $50 Million in CET to…
Homecoming Capital, an investor in zero-emission infrastructure, announced its initial $50 million deal with Clean Energy Terminals (CET), a US-based offshore wind port infrastructure development…
               
Plural Energy secures $2.33 million to make clean…
Plural Energy, a financial technology company and an on-chain investing platform announced that it has secured $2.33 million in pre-seed funding. Necessary Ventures and Compound…
               
Climate Action 100+ backed by global asset owners…
Asset owners overseeing $4.6 trillion have signed a statement extending their support to the Climate Action 100+ investor group. This comes after several high-profile Wall Street…
               
Renewable energy startup bags $114 million investment 
Cloover , a Berlin-based renewable energy startup, has secured $114 million in seed rounds to revolutionize its operating system for the sector. Lowercarbon Capital led…
               
President Xi warns against overinvestment in new energy 
At a meeting with major business figures and economists, President Xi Jinping said that excess investment into new energy would be counterproductive, South China Morning…
               
First biodiversity fund to be set by South…
The Development Bank of Southern Africa (DBSA) is establishing its first biodiversity fund. Further, they plan on approaching one of the world’s biggest dedicated environmental…
               
Holcim to endow $500 million in plant for…
According to a media release, Holcim ,a sustainable construction company, announced the commencement of the construction of its Net-Zero cement plant in Belgium. The GO4ZERO…
               
Brookfield plans to invest $500 million in India-based…
According to a Bloomberg report, Brookfield Asset Management is planning to make a substantial investment of $500 million in India-based Leap Green Energy.   This significant…
               
Clean energy firm RWE 600MW of solar and…
The clean energy firm RWE acquired 500 Megawatts (MW) of solar and energy storage development projects from Galehead Development LLC. With the acquisition of three…
               
Deutsche Bank secures $652 million capital-relief deal with…
Deutsche Bank has entered a deal with the European Investment Bank that enables it to offer discounts on over €600 million ($652 million) worth of…
               
JERA unveils decarbonisation plans with investments worth $32…
JERA, Japan’s leading power utility firm, unveiled its plans to invest 5 trillion yen in renewable energy and new fuels like hydrogen and ammonia. The…
               
China to build first ‘green’ aviation fuel with…
Biofuel companies are investing over $1 billion to construct China’s first plants converting waste cooking oil into aviation fuel.  This investment aims to meet both…
               
US advances decarbonisation efforts with carbon capture projects…
The Biden government is strategically focusing on carbon capture and storage (CCS) networks as a potential solution to accelerate the country’s decarbonisation process. This approach…
               
India’s largest climate impact fund to raise $1…
Eversource Capital, which managed India’s largest climate impact fund in 2022, aims to raise at least $1 billion to support companies in other Asian countries,…
               
Trump’s presidency could jeopardize $1 trillion in clean…
According to a new analysis by Wood Mackenzie published on Thursday, Donald Trump’s victory in the November 5 presidential election would threaten $1 trillion in…
               
Investment manager steps into nature-based carbon credit market 
Octopus Investments has introduced a new Natural Capital Strategy to acquire UK land-based assets to generate carbon removal credits and other revenue streams.  This move…
               
Dutch pension fund to focus its sustainable investments…
The Dutch multi-sector pension scheme PGB has chosen three ‘focus themes’ for its sustainable investments based on member preferences: climate change, biodiversity loss, and sustainable…
               
Investment firm KKR, HASI launches $2 billion venture…
Investment firm KKR and Hannon Armstrong Sustainable Infrastructure Capital (HASI) have launched a new venture called CarbonCount Holdings 1 LLC (CCH1) to invest up to…
               
Spain’s Official Credit Institute to invest €15 million…
Spain’s Official Credit Institute (ICO) has committed to invest €15 million in Spanish insurance group Mapfre’s green biofuel fund.  Mapfre, in collaboration with IAM Carbonzero,…
               
Asset manager to invest $35 million in renewable…
On Tuesday, AMPIN Energy Transition announced that Switzerland-based asset manager responsAbility, will invest up to $35 million on behalf of its investors in the renewable…
               
Asheville-based renewable energy firm secures $650 million for…
Pine Gate Renewables, headquartered in Asheville, has secured a $650 million investment from three partners. Generate Capital, the Healthcare of Ontario Pension Plan and HESTA.…
               
Leading health funders team up in $300 million…
Three major global health funders have partnered for the first time in a $300 million initiative to address the interconnected challenges of climate change, malnutrition,…
               
Delay in energy transition could impact investments, says…
According to a report by consultancy Wood Mackenzie, a five-year delay in decarbonization efforts could raise global average temperatures by 3 degrees Celsius above pre-industrial…
               
PG&E nears deal to sell power assets to…
California utility Pacific Gas & Electric (PG&E) announced that it is close to finalizing an agreement to sell its power generation assets to KKR, a…
               
Confidential report warns Citigroup of billions of loss…
Citigroup could face significant financial losses in its loan portfolio if global efforts to address climate change accelerate, as indicated by a confidential analysis conducted…
               
Britons demand fossil fuel-free pension investments as calls…
A recent poll conducted by DIY investment platform Tillit has revealed a growing desire among Britons for more control over their pension funds, with one-third…
               
Japan’s biggest utility firm to invest in low-carbon…
Japan’s largest utility, JERA, seeks opportunities to invest in low-carbon hydrogen and ammonia projects in the Middle East and intends to purchase their output. JERA…
               
Barclays says more money needs to go towards…
Barclays Plc suggests that additional funding should support climate transition projects that are too sophisticated for venture capitalists and too new for infrastructure investors. According…
               
Australia’s Macquarie launches $1.5 billion Indian EV financing…
The Australian financial giant Macquarie Group has revealed its initiative to establish an electric vehicle (EV) financing platform to revolutionize India’s transportation industry.  Macquarie’s latest…
               
Southeast Asia has insufficient green investments: report
A recent report by global consultancy Bain & Company sheds light on Southeast Asia’s inadequate green investments, hindering efforts to reduce emissions in the region.…
               
Fed to implement Clean Electricity Investment Tax Credit
The federal government is set to advance the Clean Electricity Investment Tax Credit (Clean Electricity ITC), initially proposed last year. This initiative entails a 15%…
               
World Bank secures $11 billion in pledges for …
In a significant move to address pressing global issues, the World Bank said countries have committed to contributing more than $11 billion to new hybrid…
               
Investor returns could suffer from low renewable energy…
Speaking at the Irena Assembly in Abu Dhabi on Wednesday, EU energy commissioner Kadri Simson said that reducing European electricity prices could bring down returns…
               
ABB invests in GridBeyond to enhance energy management…
ABB has announced a minority investment in GridBeyond, a technology company specializing in energy management solutions driven by artificial intelligence and data science. 
               
Singapore, partner to raise $5 billion to support…
Singapore plans to raise $ 5 billion along with its international partners that will help finance climate initiatives in Asia, the Monetary Authority of Singapore…
               
Chevron arm launched $500 million for low-carbon technologies…
Chevron's venture capital arm said it has launched its third fund committing $500 million to invest in renewable energy technologies, as major oil companies seek…
               
Acre Impact Capital launch $100 million fund for…
Two former BNP Paribas bankers have spearheaded a new initiative, raising nearly $100 million for a fund aimed at catalyzing financing for climate-aligned infrastructure projects…
               
Green data centres help drive investments in Southeast…
A report released Monday highlights a notable rise in green investments across Southeast Asia in 2023, driven partly by green data center projects. However, the…
               
World leader urge nations to ratify UN Ocean…
The European Union, along with the governments of 13 countries, has called upon nations to prioritize the ratification of a UN treaty aimed at protecting…
               
Smart energy company completes Series C funding of…
GridBeyond, a smart energy company, has completed a Series C funding round of €52M ($55 million). This funding will aid the company in scaling up…
               
Sublime Systems receives potential $87 million funding for…
Sublime Systems, a startup in the realm of sustainable construction materials, has been selected by the US Department of Energy’s Office of Clean Energy Demonstrations…
               
EU to invest 3.5 billion euros for ocean,…
The European Union has pledged 3.5 billion euros towards ocean protection and sustainability this year through a series of initiatives, the EU's top environment official…
               
Industrial gas manufacturer receives funding to build hydrogen…
On Monday, Air Products and Chemicals, an industrial gas manufacturer based in Pennsylvania, announced that it had secured funding to construct two hydrogen refueling stations…
               
Singapore’s carbon management firm and Malaysian University collaborate…
Universiti Teknologi Malaysia (UTM) and Climate Resources Exchange International (CRX) from Singapore have signed a Memorandum of Understanding (MoU) to lead carbon-related projects in Malaysia.…
               
Azerbaijan to address disagreements on climate finance at…
The Presidency has begun preparations for the upcoming UN climate talks in Baku this November. Officials from Azerbaijan, the host nation, note early disagreements among…
               
Japan and US partner to reduce floating offshore…
Japan has agreed to collaborate with the United States to lower the expense of floating offshore wind projects in deep waters by 2035, the White…
               
Adani Group unveils approx. $30 billion investment plan…
The Adani Group has announced an ambitious investment plan totaling approximately Rs 2.3 trillion by 2030, marking India's most significant renewable energy expansion initiative to…
               
JSW Energy raises $65 million from institutional investors,…
JSW Energy Limited has successfully raised $65 million (Rs 5,000 crore) through a Qualified Institutions Placement (QIP), selling shares to institutional investors, including the Abu…
               
Ingka explores offshore wind investments in South Korea…
Ingka, the majority owner of IKEA stores globally, is venturing into renewable energy investments in South Korea and Japan, targeting offshore wind as the most…
               
Chevron to invest in ION Clean Energy, aims…
Chevron New Energies (CNE), a division of Chevron Inc., has invested significantly in ION Clean Energy (ION), a technology company based in Boulder. ION specializes…
               
CIP invests £250 million in UK solar developer…
Danish renewable energy infrastructure investor Copenhagen Infrastructure Partners (CIP) has announced a significant investment of £250 million to acquire a majority stake in UK solar…
               
Georgia Senators Warnock and Ossoff secure clean energy…
US Senators Reverend Raphael Warnock (D-GA) and Jon Ossoff (D-GA) unveiled a significant stride towards clean energy initiatives in rural Georgia. Through the U.S. Department…
               
Investors show a growing appetite for environment-conscious companies 
Amidst a changing landscape in investment strategies, sustainable investing emerges as a compelling avenue for those seeking broader objectives beyond mere financial gain in portfolio…
               
EU’s $43 billion fund to be the high-stakes…
Early outcomes from the European Union's Innovation Fund, a €40 billion ($43 billion) investment initiative pivotal to Europe's zero-carbon economy goals by mid-century, are surfacing. 
               
Asset management firm to lead $50 billion investment…
Through its offshore wind unit Corio Generation Ltd., Macquarie Asset Management is investing $50 billion in offshore wind projects across various markets over the next…
               
Swedish steelmaker to invest $4.8 bln mln in…
Sweden’s SSAB announced on Tuesday that it plans to invest 4.5 billion euros ($4.83 billion) in constructing a fossil-free mini-mill in Lulea. 
               
Goldman Sachs Renewables MN8 raises $325 million funding
MN8 Energy, a producer of solar energy and energy storage, announced it had secured $325 million through a private placement of convertible preferred stock. The…
               
BlackRock CEO reaffirms investment in oil and gas…
BlackRock CEO Larry Fink reiterated the firm's commitment to investing in oil and gas companies, emphasizing that they have never supported divesting from traditional energy…
               
First Bus announces £89 million investment in zero-emission…
First Bus has revealed plans for a substantial £89 million investment aimed at accelerating its transition to zero-emission buses and infrastructure across four regions. This…
               
US DOE initiates $1 billion investment for hydrogen-ready…
Climate advocates and community members applaud the US Department of Energy's (DOE) Office of Clean Energy Demonstrations for commencing initial award negotiations aimed at establishing…
               
Walmart invests in 19 solar projects across US,…
In a move to bolster renewable energy initiatives, retail giant Walmart announced its investment in 19 solar projects developed by Pivot Energy, aimed at enhancing…
               
New study reveals 80% of sustainable bonds fail…
New research from the investor-oriented nonprofit Climate Bonds Initiative (CBI) indicates that over 80% of the 768 sustainability-linked bonds issued between 2018 and November of…
               
NATO debuts as a climate tech investor 
NATO, the military alliance, has ventured into startup acceleration with its Defense Innovation Accelerator for the North Atlantic (DIANA) program, an initiative to foster technological…
               
Biden administration to invest $6 billion in industrial…
The US Department of Energy (DOE) announced the selection of 33 projects slated to receive funding of up to $6 billion. These initiatives aim to…
               
Invesco unveils $2.1 billion fund tackling water scarcity,…
On World Water Day, analyst Mahi Roy highlighted five US-based funds and several companies dedicated to enhancing water access quality and tackling various water-related challenges. 
               
Australia faces urgent need for investment to prevent…
According to the grid operator, Australia, a major natural gas exporter, urgently needs investment to avert shortages in several densely populated regions starting in 2025…
               
Morgan Stanley’s asset management arm eyes $1 billion…
According to individuals familiar with the situation, Morgan Stanley's asset management division intends to secure a minimum of $1 billion for a new fund focused…
               
Billions invested in fossil fuels by local government…
A recent analysis conducted by environmental campaign groups Friends of the Earth and Platform London has uncovered significant investments in the fossil fuels industry by…
               
Swiss National Bank stands firm on investment policy…
The Swiss National Bank (SNB) has reiterated its stance on environmental considerations, stating that it will not alter its investment strategies because of climate change.…
               
UK bank funds Greensphere’s venture into nature, climate…
On Wednesday, Greensphere Capital announced that it had secured backing from the UK Infrastructure Bank (UKIB) for its first fund, which aims to commercialize nature…
               
Britain’s National Grid proposes $74 billion energy system…
Britain's National Grid has proposed a £58 billion ($74 billion) investment plan to enhance grid networks beyond 2030, anticipating the growth in electricity demand and…
               
Global oil and gas industry poised for $125…
The international oil and gas sector, alongside the Middle East's national oil companies, is gearing up to greenlight an impressive array of projects this year,…
               
US to invest in $750 million to reduce…
The US Department of Energy (DOE) declared its intention to allocate $750 million towards a series of projects with the objective of substantially reducing the…
               
Apple suppliers to join its green investment fund
Taiwan Semiconductor Manufacturing Co. (TSMC) and Murata Manufacturing Co., suppliers to Apple Inc., are joining the iPhone maker’s green investment fund, bringing the total committed…
               
IBM announces $45 million investment in sustainability accelerator…
Tech giant IBM has unveiled a new commitment to invest $45 million in its social impact program, the IBM Sustainability Accelerator, as part of a…
               
Global investment firm appoints specialized team to identify…
Permira, a global investment firm, has established a dedicated team to identify investment opportunities in the climate transition sector. 
               
Alberta’s ban on renewables could halt $8.24 billion…
According to a study released on Monday, Alberta's prohibition on select renewable projects could jeopardize investments worth C$11.1 billion ($8.24 billion) and impede the development…
               
Morocco allocates 1 million hectors to green hydrogen…
On Monday, the Moroccan government announced its intention to allocate 1 million hectares to green hydrogen projects, with an initial phase starting at 300,000 hectares,…
               
Duferco announces €10 million investment in clean hydrogen…
Duferco plans clean hydrogen project in Sicily with Caronte & Nippon Gases Italia to decarbonize Messina plant, per Kallanish.
               
New Jersey advances bill to divest from fossil…
In a bold move towards environmental sustainability, the New Jersey Senate Environment and Energy Committee has advanced a bill mandating the divestment of state retirement…
               
UK trails behind European counterparts in green investment
A recent analysis by Greenpeace has highlighted the UK's lagging position in green spending among the top five Western European economies. Comparing the UK to…
               
UK to launch £1 billion auction round to…
In a significant move to boost renewable energy initiatives and advance climate goals, Britain is set to launch its next auction round worth more than…
               
ABC Impact invests in Winnow to accelerate food…
ABC Impact, a leading private equity fund, announced its investment in Winnow, the global leader in AI-driven food waste reduction solutions. Winnow's innovative technology, trusted…
               
Jindal Stainless announces ₹700 crore investment for sustainability…
Jindal Stainless Ltd, India's largest stainless steel player, has unveiled plans to invest ₹700 crore over the next three years in sustainability projects, including renewable…
               
ABP implements stricter ESG standards
Europe's largest pension fund, ABP, headquartered in the Netherlands, has announced a more stringent environmental, social, and governance (ESG) policy for its investment portfolio. 
               
ABP pension fund plans €30 billion investment with…
ABP, Dutch pension fund, to invest €30B emphasizing impact and sustainability. €10B for domestic projects, half for rental housing.
               
Green bond sales hit record $54.7 billion in…
Green bonds, the largest type of sustainable debt, experienced their busiest February ever amidst a surge of global debt offerings.
               
Invesco becomes the fifth major asset manager to…
On Friday, Invesco became the fifth prominent US investor to withdraw or reduce its participation in the Climate Action 100+ coalition of investors, advocating for…
               
UK ministers accused of shifting aid funds to…
Ministers face allegations of "moving the goalposts" to fulfill the UK’s global climate promises, as £1.7bn from the aid budget is redirected to environmental aid…
               
Glencore to buy Shell’s Singapore assets as earlier…
Glencore, a Swiss miner and commodities trader, is considering purchasing Shell's oil refinery and petrochemical units in Singapore. 
               
US EPA to launch cleanup projects at hazardous…
On Tuesday, the US environmental regulator announced new cleanup initiatives at 25 hazardous waste sites spanning from New Jersey to Oregon, backed by $1 billion…
               
EU inches closer to 2030 wind power goal:…
The European Union is on track to achieve its wind power goal for 2030, thanks to increased investment and better-permitting processes, according to a report…
               
IMF advises Pacific Islands to explore debt-for-nature deals
Pacific Islands facing the most sea-level threats should explore debt-for-nature agreements due to unsustainable traditional loans, suggested a senior IMF official on Tuesday. 
               
Italy approves $6.8 billion package for tech and…
Prime Minister Giorgia Meloni's government has given the green light to a €6.3 billion ($6.8 billion) package to support Italian industries' technological advancement and green…
               
Canada’s 2030 emissions goal at risk as businesses…
A new report warns that Canada is struggling to meet its 2030 emissions target because businesses are holding off on low-carbon projects due to uncertainty…
               
Thermal battery maker raises $150 million investment led…
On Thursday, Antora Energy, a thermal battery manufacturer, announced that it has secured $150 million in funding. 
               
GeoPura secures £56 million investment to accelerate green…
GeoPura, a clean energy provider specializing in green hydrogen solutions, announced today that it has successfully raised £56 million (USD$70 million) in an investment round…
               
KKR raises $6.4 billion for Asia Pacific infrastructure…
Global investment firm KKR & Co announced on Wednesday that it had successfully raised $6.4 billion for its fund, focusing on infrastructure and energy-related investments…
               
African Development Bank and OCP Group sign agreements…
In a significant move to address water scarcity and combat climate change, the African Development Bank (AfDB) and the OCP Group have signed three loan…
               
World’s biggest climate investor group seeks to strengthen…
The largest climate investor group, Climate 100+ (CA100+), reassured its members that its methods comply with US antitrust and securities laws, per Reuters' letters on…
               
SQM Lithium Ventures invests $9.4 million in EV…
SQM Lithium Ventures has put $9.4 million into Altilium, a British electric vehicle battery recycling company, to help it grow. 
               
Brazil to roll out measures to help with…
Brazil's government plans to introduce new measures next Monday to assist foreigners with foreign exchange hedges for their investments in sustainable development. The goal is…
               
Power Grid approves $87.6 million USD investment for…
The Power Grid Corporation of India has greenlighted a substantial investment of $87.6 million USD aimed at bolstering electricity transmission projects across the nation in…
               
Indonesia’s revised green investment regulations to include coal…
On Tuesday, Indonesia introduced an updated ‘taxonomy’ or green investment guideline. It now includes coal-fired power plants used in nickel facilities, aiming to promote a…
               
Asia pioneers in sustainable aviation fuel projects
Sustainable Aviation Fuel (SAF) are alternative fuels made from renewable sources for airplanes, which is essential for the aviation sector to achieve its goal of…
               
Wall Street gives seal of approval to the…
The recent $26 billion merger of two Texas oil companies marks the latest in a series of deals propelling the era of Big Shale. Wall…
               
Indonesian government advocates green investments for sustainable development
The Indonesian Ministry of Environment and Forestry (KLHK) is actively promoting green investments to facilitate a shift towards clean energy and mitigate carbon emissions, aiming…
               
Sundaram Alternates Assets plans to raise $135 million…
Sundaram Alternates Assets (SAA), the private equity division of the Sundaram Finance Group, said that it aims to secure approximately $135 million (₹1,000 crore) from…
               
Asian asset owners focus on ESG investment strategies:…
Asian asset owners increasingly prioritise environmental, social, and corporate governance (ESG) factors in their investment strategies, noted a recent survey conducted by Asianinvestor.
               
King & Wood Mallesons advises lenders on $400m…
King & Wood Mallesons (KWM) recently guided a syndicate of lenders, including Westpac Banking Corporation, Standard Chartered Bank, Export Development Canada, and Société Générale, in…
               
ESG takes backseat, sees slowdown in sales of…
Interest in sustainable investing has dwindled over the past year due to political controversies surrounding environmental, social, and governance (ESG) strategies. 
               
JPMorgan, BlackRock backs out of biggest climate-investor group
JPMorgan Asset Management and State Street Global Advisors announced on Thursday that they are pulling out of Climate Action 100+. 
               
ALTÉRRA aims to drive global climate transition, says…
ALTÉRRA, a new $30B catalytic climate investment fund launched at COP28, aims to become the "fund of choice" for the climate transition, HE Ambassador Majid…
               
Aircastle invests in United Airlines Ventures’ Sustainable Flight…
Aircastle Limited announced that it has invested in the United Airlines Ventures’ Sustainable Flight Fund. 
               
India’s Bharat Petroleum to set up first-ever green…
Indian refiner Bharat Petroleum Corp Ltd (BPCL) announced on Wednesday its plan to establish the first green hydrogen plant within an airport in the country. 
               
Political parties should prioritize long-term thinking on climate…
It is important for political parties to adopt long-term thinking and stable policies to finance the transition to a net-zero economy, said Angus Whiteley, CEO…
               
Investors grapple with the Scope 3 emissions in…
As asset managers initially pledged to align their portfolios with net-zero emissions, they largely sidestepped the critical issue of Scope 3 emissions. 
               
India’s investment in upstream sector vital for energy…
It is important for India to continue investing in the upstream sector to bolster oil and gas production, Mannish Mahesshwari, CEO of Invenire Energy, told…
               
Europe may need more private funds to achieve…
The EU may need to push more private funds into sustainable investments to achieve its net zero economy targets, as revealed in an EU discussion…
               
Urgent need for $8 trillion investment in renewables…
A new report by Climate Analytics has pointed out an investment totaling $8 trillion in new renewables and $4 trillion in grid and storage infrastructure…
               
US enterprise investments in ESG initiatives set to…
A recent report by Information Services Group (ISG) has predicted a significant expansion in US enterprise investments in sustainability and other Environmental, Social, and Governance…
               
US Department of Energy to invests $100 million…
The US Department of Energy’s Office of Fossil Energy and Carbon Management announced a $100 million investment to help develop a commercially viable carbon dioxide…
               
Clean energy investment in most developing economies yet…
Clean energy investment in many emerging and developing economies (EMDE) remains low due to reduced capital flows to clean energy projects, notes a new report…
               
Indian Biogas Association proposes over $4000 million investment…
The Indian Biogas Association has proposed an investment of ₹30,000 crore for procuring machinery and equipment needed to supply biomass to compressed biogas plants. This…
               
2023 was a tough year for US sustainable…
The year 2023 was “the worst calendar year on record” for US sustainable funds, according to a new report by Morningstar. Investors pulled $5 billion…
               
Air Liquide to invest over $40 million to…
Air Liquide and Dow renewed their industrial gas supply agreement in Stade, one of Germany’s largest chemical production sites. 
               
US Forged Rings Inc. announces $700M investment in…
US Forged Rings Inc. (USFR) announced a $700M investment in the US offshore wind industry. It will be used to construct a state-of-the-art tower fabrication…
               
Dutch healthcare pension fund divests from fossil fuels…
The Dutch healthcare workers' pension fund PFZW announced on Thursday that it had sold nearly all its investments in fossil fuel companies, including major players…
               
ITFC signs $2.1 billion deal with Bangladesh for…
According to energy officials, the International Islamic Trade Finance Corporation (ITFC) has inked a significant $2.1 billion financing plan with Bangladesh to support the nation's…
               
India Energy Week 2024: PM Modi propels $67…
Indian Prime Minister Narendra Modi, inaugurating the second edition of India Energy Week 2024 in Goa on February 6, said India offers opportunities for $67…
               
Schroders Greencoat unveils UK’s first renewable energy LTAF
Schroders Greencoat has announced the launch of Schroders Greencoat Global Renewables+ Long-Term Asset Fund (LTAF), the UK’s first LTAF exclusively dedicated to renewable energy and…
               
Retired teachers lead campaign urging Wisconsin pension fund…
Anne Steinberg, a retired technical college teacher from Milwaukee, is spearheading a campaign urging the State of Wisconsin Investment Board (SWIB) to divest from fossil…
               
Study reveals decline in sustainable fund investments due…
A recent study conducted by Elise Gourier and Helene Mathurin at ESSEC Business School has uncovered a concerning trend: investments in sustainable funds are dwindling…
               
Investment stress test: Insurance regulators warn of billions…
A recent analysis titled “The hidden cost of delaying climate action for West Coast insurance markets” has highlighted potential billion-dollar losses for insurance companies if…
               
Disconnect between climate risks and investment strategies: Report
A recent survey conducted by Market Forces has shed light on a significant disconnect between institutional investors’ awareness of climate risks and their investment strategies.…
               
Growing interest in sustainable investing among individual investors:…
A new report titled “Sustainable Signals,” published by Morgan Stanley, has highlighted a surge in global individual investor interest in sustainable investing. 
               
UN climate chief appeals for $2.4 trillion in…
Executive secretary, United Nations Framework Convention on Climate Change Simon Stiell while delivering a lecture at ADA University in Azerbaijan’s Baku on Friday, said at…
               
Indian Oil and Gas PSUs unveil ambitious investment…
In a strategic move to bolster the country's energy infrastructure, major players in India's oil and natural gas sector, including the Oil and Natural Gas…
               
Italy will invest in Enel’s solar panel production:…
Prime Minister Giorgia Meloni announced that Italy will invest in Enel's new photovoltaic panel factory in Sicily, aiming to increase production and establish itself as…
               
Germany’s climate fund falls short of $10.8 billion,…
Germany's fund for addressing climate issues and transformation may fall short by up to €10 billion ($10.8 billion) next year, which could challenge the country's…
               
Japanese retail investors withdraw $4.5 billion from ESG…
Japanese retail investors have withdrawn ¥660 billion ($4.5 billion) from ESG mutual funds in 2023, marking a significant increase from the ¥150 billion outflows in…
               
UK banks might hold too little funds to…
In a letter to the Bank of England, seen by Reuters, a group of investors, including major pension schemes from the UK and Europe, expressed…
               
Canadian pension manager launches C$1 billion energy transition…
The Alberta Investment Management Corporation (AIMCo), a top Canadian pension manager, has announced the formation of a C$1 billion ($745 million) energy transition fund. This…
               
Brazil’s Amazon Fund raised $640 million in donations…
Amazon Fund, in 2023, which focuses on developing the rainforest sustainably, received $640 million in new pledged donations from developed countries, Tereza Campello, environmental director…
               
Climate software firm raises $100 million in Series…
Watershed, a climate software company, raised $100 million in a Series C funding round led by investment firm Greenoaks, valuing the company at $1.8 billion. 
               
Over half investors planning increased allocations in sustainable…
The latest Sustainable Signals survey from the Morgan Stanley Institute for Sustainable Investing reveals a significant opportunity for asset managers to better align their sustainable…
               
Spain’s Catalonia makes a multi-billion strategy to survive…
In an effort to address water scarcity resulting from less rainfall, Catalonia, home to Spain's second-largest regional economy and the renowned tourist destination Barcelona, is…
               
Global spending on clean energy hit record $1.8…
Global spending on clean energy reached a record-breaking number of $1.8 trillion last year. However, it is still not enough to reach net-zero emissions, as…
               
Climate-focused fund investments drop by 75% in the…
While the world is trying to sprint through the race against climate change, climate investments have taken an antithetical turn in the US. 
               
Power plant boiler market poised for expansion through…
A report published by Allied Market Research has noted that the global power plant boiler market valued at $19.0 billion in 2021, is expected to…
               
EU’s ambitious net zero goal demands 1.5 trillion…
Research by a group of Green EU lawmakers says that the European Union needs to invest 1.5 trillion euros (about $1.6 trillion) every year to…
               
Global standards chief calls for new ethics code…
Companies responsible for verifying environmental, social, and governance (ESG) claims will be urged to adhere to a new ethics code to combat greenwashing, according to…
               
Grow Indigo raises over $8 million in recent…
Grow Indigo (regenerative agriculture startup) announced that it has raised over $8 million in the recent funding round. With this, the cumulative capital raised so…
               
World Bank approves $300 million Resilient Recovery Development…
The World Bank has approved a $300 million Resilient Recovery Development Policy Financing for Ghana. The contribution by the International Development Association (IDA) will help…
               
Trinidad and Tobago explores further gas deals with…
Trinidad and Tobago is set to enhance their natural gas supply by pursuing additional deals with Venezuela after receiving a license to extract from the…
               
SIX launches new climate data offering for informed…
SIX (global financial information provider) announced the launch of a new climate data offering to support the reporting, monitoring, and decision-making of climate factors, climate-related…
               
UNDP and Pegasus Capital advisors partner to mobilize…
UNDP and Pegasus Capital join for climate, energy, and nature-positive investments in emerging economies. Collaboration focuses on substantial infrastructure funding.
               
ADB prioritizes private capital mobilization for climate goals…
The Asian Development Bank (ADB) has announced plans to deploy private capital as a significant part of its strategy to address urgent climate goals. 
               
Investors dread as Green Asset Ratio is set…
European banks are cautioning investors not to focus too much on the upcoming Green Asset Ratio, an ESG metric, as early estimates suggest the industry…
               
Automotive manufacturing giant to invest $1.4 billion in…
General Motors has announced a 7 billion reais ($1.42 billion) investment in Brazil from 2022 to 2028, aiming to enhance "sustainable mobility." 
               
UAE’s Alpha MBM Investments emerges as preferred bidder…
The Ugandan government has chosen Alpha MBM Investments from the United Arab Emirates (UAE) as the preferred bidder for its ambitious $4 billion oil refinery…
               
Report: US state pensions not doing enough to…
According to a report released on Tuesday by Stop the Money Pipeline, Sierra Club, and Stand.earth, state pensions are not doing enough to protect beneficiaries…
               
UK pension funds & insurers prioritize net-zero goals…
A survey of UK pension funds and insurers, who manage £359.82 billion in assets, found that 72% identified measurable targets and benefits, such as achieving…
               
H2 Green Steel secures €4.2 billion in project…
H2 Green Steel announced that it has secured €4.2 billion in project financing, adding to the previously announced €300 million in equity. 
               
USDA grants more than $173K for clean energy…
The US Department of Agriculture (USDA) announced $173,500 in clean energy project grants for two rural businesses in Arkansas. 
               
Suzano celebrates 100th anniversary with $100 million investment…
Suzano (Brazilian paper and pulp-producing company) marked its 100th year on January 23 by announcing an investment of $100 million to advance initiatives to protect…
               
Global business leaders accelerate sustainability investments: Capgemini report
Over half of the global business leaders plan to increase investments in sustainability this year, notes a report from Capgemini (French multinational IT services and…
               
Pressure mounts over mining firms as investors raise…
A group of investors overseeing $25 trillion has decided to take action against mining companies that have not adopted safety environmental standards for the construction…
               
US allocates $104 million for energy conservation &…
The US Department of Energy (DOE) announced that it has set aside $104 million in funds for energy conservation and clean energy projects at 31…
               
Carbonaires secures strategic investment from KTM to boost…
Carbonaires (London-based carbon asset management company) has announced it has received an investment from KTM Chemicals S.A. (KTM) (distributor and trader of plastics and chemical…
               
AIIB invests $58.4 million in India’s Sustainable Energy…
The Asian Infrastructure Investment Bank (AIIB) has invested around $58.4 million (₹4.86 billion) in India’s Infrastructure Investment Trust, Sustainable Energy Infra Trust (SEIT). AIIB plans…
               
Climate tech venture firm raises $335 million to…
ArcTern Ventures, based in Toronto, announced on Monday that it secured $335 million from TD Bank and other institutions for a climate technology fund. 
               
Inherit joins Sumitomo Corporation to advance carbon capture…
Inherit Carbon Solutions (Norwegian Carbon Capture and Storage company) announced an oversubscribed investment round with Sumitomo Corporation. The collaboration will help Inherit advance its goal…
               
ACP announces first close of SEACEF II: A…
Allied Climate Partners (philanthropic investment organization) announced the first close of Southeast Asia Clean Energy Fund II (SEACEF II), managed by Clime Capital. 
               
Biden announces $207 million for fertilizer, rural clean-energy…
The Biden administration is investing $207 million in domestic fertilizer and renewable energy projects to enhance supplier competition for US farmers and ranchers. 
               
US Supreme Court decision could affect Biden’s ESG…
An impending Supreme Court decision that may restrict federal agency powers could have a big effect on a challenge by Republican-led states against a rule…
               
Derwent Investments strengthens its commitment to ESG investing…
Derwent Investments (Singapore-based wealth management company) announced that it has strengthened its commitment to Environmental, Social, and Corporate Governance (ESG) goals.
               
World’s biggest offshore investor to plan $160 billion…
A major investor in offshore wind farms is starting a new company, Copenhagen Energy Islands, with the aim of constructing artificial islands in the North…
               
Tees Valley secures £7 million for hydrogen-powered transport…
Tees Valley has secured £7 million in government funding for hydrogen projects to decarbonize deliveries and construct a new hydrogen refueling station for heavy goods…
               
Manulife IM releases inaugural nature disclosure aligned with…
Manulife Investment Management has published its inaugural timberland and agriculture nature disclosure, aligned with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD). 
               
Amazon becomes largest purchaser of renewable energy, fourth…
Amazon announced that it invested in 100 new solar and wind energy projects in 2023. This makes Amazon the largest purchaser of renewable energy in…
               
$147 million funding secured for Australian hydrogen hubs
Two hydrogen hubs in Australia have secured a total of $147 million in funding. The Government signed an agreement to invest $70 million to develop…
               
Iberdrola and Norges Bank set to invest $2…
Iberdrola and the Norwegian sovereign wealth fund, managed by Norges Bank Investment Management, are set to invest $2 billion in renewable energy projects based in…
               
Bloomberg’s Zero Podcast examines impact of Trump’s comeback…
On this week’s episode of Bloomberg’s Zero Podcast, Tom Steyer, a hedge-fund billionaire, speaks to Zero host Akshat Rathi about the effects of former US…
               
Nestlé Vietnam invests an additional $100 million in…
Nestlé Vietnam announced an additional investment of $100 million to increase the sustainable coffee production capacity of the Nestlé Tri An factory. This brings the…
               
New York’s utilities regulator approves $1.2 billion clean…
On Thursday, the utilities regulator of New York State approved Con Edison's $1.2 billion Idlewild project in Queens, aimed at enhancing the reliability of the…
               
Torrent Power commits $5.7 billion green investment in…
Torrent Power Ltd, a leading Indian integrated power utility, has pledged a substantial investment of INR 47,350 crore (approximately $5.7 billion) in Gujarat. 
               
Asset management firm says ESG interest is steady,…
According to the CEO of the global asset management firm Nuveen, investors still hold an interest in environmental, social and governance (ESG) factors despite facing…
               
WEF launches alliance to triple clean energy investment…
The World Economic Forum launched a new alliance at WEF 2024 providing a platform for developing economies to highlight their clean energy needs, exchange best…
               
Terra Natural Capital rebrands as environmental commodities investment…
Terra Natural Capital (“Terra” or the “Company”) announced its launch as a dedicated environmental commodities investment company. 
               
US elections will be significant for global climate…
As the US elections pave the path for many major decisions in 2024, John Kerry, who stepped down from his position as a climate envoy,…
               
General Atlantic acquires Actis forming a $96 billion…
General Atlantic (a global growth equity investor) and Actis (a global investor in sustainable infrastructure) announce that the firms have entered into an agreement under…
               
Mahindra Group & Ontario Teachers’ join hands to…
Mahindra Group (farm equipment, utility vehicles, information technology, and financial services businesses in India), and Ontario Teachers’ Pension Plan Board (a global institutional investor), have…
               
Biodiversity loss requires just as swift action from…
UBS Group AG has warned that investors have largely undermined the effects of biodiversity loss.  UBS Chair Colm Kelleher and Chief Executive Officer Sergio Ermotti…
               
Sweden’s Northvolt raises largest green loan in Europe…
Swedish lithium-ion battery producer Northvolt said that it has raised $5 billion, the largest green loan to have been issued in Europe, to expand the…
               
ArcelorMittal, France to invest €1.8 billion to cut…
The steel giant, ArcelorMittal SA and France are planning to invest €1.8 billion to cut carbon emissions produced by their steel plants in Dunkirk. This…
               
India announces $223 million investment in power &…
An investment totaling approximately $223.05 million (₹17.05 lakh crore) is currently in the pipeline for the power and renewable energy sector, said R. K. Singh,…
               
Asset management firm says Biden’s climate law has…
One of the world’s largest green investment manager, Impax Asset Management, is expressing the problems in President Joe Biden’s landmark climate law.
               
RMB joins hands with KOKO to advance clean…
Rand Merchant Bank (an investment banking business) announced last week a strategic partnership with KOKO (a company that operates within the energy, climate, media, and…
               
Davos 2024: Indian states to pitch innovations, anticipate…
The Annual Meeting of the World Economic Forum commenced on 15 January in Davos, Switzerland. The theme for this year 2024 is “Rebuilding Trust”, with…
               
BBVA and Cabify finalize €15 million to promote…
BBVA Spark, a multinational financial services company, on Thursday announced its approval of a €15 million 'Venture Debt' facility for Cabify, in a bid to…
               
Xpansiv acquires stake in Evident to boost expansion…
Xpansiv Limited, an infrastructure provider for global energy transition, and Evident Group Limited, a clean economy registry provider and certification body, have reached an agreement…
               
BNP Paribas Asset Management releases new global sustainability…
BNP Paribas Asset Management released the new version of its Global Sustainability Strategy (GSS) updating the strategic approaches of the organization. The report lays out…
               
Japanese refiner Eneos invests in clean hydrogen production…
In a strategic move towards fostering a sustainable energy future, Japan's leading refiner, Eneos Corp, has announced a significant investment in MVCE Gulf Coast. 
               
Turkish steelmaker to invest $3.2 billion in green…
Turkish steel producer Erdemir intends to invest a combined $3.2 billion in its green transition by 2030, aiming for a 25% reduction in emissions by…
               
Croatian energy giant INA to invest €40 million…
INA, the Croatian energy company, is set to invest €40 million in transforming a former petroleum refinery in Sisak into a biogas and biomethane production…
               
Adani’s $24 billion Gujarat investment to drive green…
Indian billionaire Gautam Adani intends to pump $24 billion (2 trillion rupees) into his home state of Gujarat over the next five years. 
               
SK Group-backed company invests $1 billion in ammonia…
In Texas, a $1 billion ammonia production facility with proprietary hydrogen technology is in the works, aiming to reduce carbon emissions from coal-fired power plants,…
               
Singapore firms to invest $5 billion in Tamil…
Singaporean companies have unveiled plans to invest a staggering $5 billion in diverse sectors including infrastructure, technology, sustainability, and data centers in Tamil Nadu, marking…
               
US clears $189 million loan to fund real-time…
The Department of Energy's loan office, on Friday, conditionally approved a $189 million loan to facilitate the establishment of a methane monitoring network in crucial…
               
TAQA’s $10 billion green hydrogen venture in Western…
Abu Dhabi's TAQA, the national energy company, is entering into sustainable energy with plans to invest 100 billion Moroccan dirhams, equivalent to $10 billion, in…
               
Altus Power secures $100 million credit facility from…
Altus Power, a clean energy giant,  has successfully closed a secured credit facility valued at $100 million, courtesy of an affiliate of Goldman Sachs Asset…
               
Post-election pressures intensify SEC’s struggling climate agenda in…
Environmental activists are anxious as the Securities and Exchange Commission (SEC) faces challenges in fulfilling its ambitious climate-related agenda in 2023. 
               
UAE initiates $30 billion climate venture, offers returns…
The United Arab Emirates (UAE) has entered into a pioneering $30 billion climate initiative involving BlackRock Inc., TPG Inc., and Brookfield Asset Management Ltd., implementing…
               
EBRD and TSKB collaborate to boost solar energy…
In a significant move toward sustainable energy practices, the European Bank for Reconstruction and Development (EBRD) and Türkiye Sinai Kalkinma Bankasi (TSKB) have united forces…
               
Swiss climate activists propose new tax targeting the…
The Young Socialists of Switzerland have announced that they have gathered sufficient signatures to initiate a national vote on a new tax targeting the affluent…
               
Spain confirms closure of nuclear plants, extends renewable…
On Wednesday, Spain officially affirmed its intention to shut down the country's nuclear plants by 2035 and announced a set of energy measures that also…
               
Adani Energy invests $360 million in Gujarat transmission…
Adani Energy Solutions has announced plans to allocate $360 million for the construction of a transmission line linking a solar and wind energy park in…
               
EU approves 17.7 bln euro Italian state aid…
On Thursday, the European Commission announced its approval of a 17.7 billion-euro ($19.4 billion) Italian state aid initiative dedicated to fostering the establishment of a…
               
German utility firm to acquire 3 offshore wind…
On Thursday, German utility RWE announced that it would acquire three offshore wind projects located off the English coast from Sweden's Vattenfall, in a deal…
               
Brazil’s BRF issues its first ‘green loan’ for…
BRF SA, the Brazilian chicken and pork processor, revealed on Thursday that it has linked sustainability objectives to a $150 million credit facility from the…
               
Nedbank, Norfund loan Pele Green $132M for Renewable…
Nedbank and Norfund are extending a $132 million loan to Pele Green Energy for the development of renewable power plants, according to a Bloomberg news…
               
Wizz Air to invest £5 million in biofuel…
Wizz Air has disclosed a £5 million investment in biofuel firm Firefly, marking the airline's first equity involvement in sustainable aviation fuel (SAF) research and…
               
Apax closes $900 million fund to boost sustainable…
Apax, a private equity advisory firm, declared the final closure of the Apax Global Impact Fund (AGI), securing $900 million.
Cloverleaf Infrastructure secures $300 Million for clean-powered data centres 

Cloverleaf Infrastructure announced that it has secured $300 million to develop clean-powered data centre sites.  The capital commitment of $300 million was received from private […]

Macquarie Asset Management to acquire full ownership of Lynn and Inner Dowsing offshore wind farms 

Macquarie Asset Management announced that it aims to acquire, using its managed funds, an additional stake worth 39.25% in the Lynn and Inner Dowsing offshore […]

US federal court rules in favor of environmentalists overturn Alaska oil lease sale

On Tuesday night, a federal court in Alaska overturned an oil and gas lease sale. The sale, which was required by the Biden administration’s climate […]

Danish startup secures $43 million to build full-scale decarbonisation plants

Again, a Danish startup, announced that it has secured $43 million in a Series A financing round to facilitate its goal of decarbonising and turning […]

EIB commits €400 million to enhance water security in Jordan 

The European Investment Bank (EIB) announced its largest water financing of €400 million in Jordan, aimed at improving “water availability, security and sustainability.”   The financing […]

Intersect Power secures $837 million financing for Texas battery storage projects

Intersect Power, LLC, announced the closing of two transactions totalling $837 million of financing commitments for the construction and operation of three standalone Battery Energy […]