Snehal Shah

'The market opportunity remains unprecedented, but trillions of rands of investment are still required to develop sustainable infrastructure across South Africa,' the firm said in a statement.

MassMutual is re-upping with Low Carbon to finance greenfield solar PV and offshore wind projects.

Sustainable Solutions Fund IV, which closed at $1.7bn last year, has led a $150m funding round for data management company OneTrust.

Without short-term targets and transition plans for portfolio companies individually, net-zero targets by financial institutions do not guarantee decarbonisation of the real economy.

Blackstone has valued its energy transition portfolio at more than $20bn, having previously announced plans to deploy $100bn over the decade.

Fundraising plans for Ares' Climate Infrastructure Partners II and Brookfield's Global Transition Fund II are underway.

EQT’s latest decarbonisation commitments go further than SBTi and NZAM requirements.

CarbonCure’s Series F funding round is a sign that carbon capture technology – a popular theme among climate funds – is scaling out of the venture stage.

EQT’s Future fund, which has raised €2.7bn, is ‘more impacted by the current fundraising environment in terms of time and size’, says CEO Christian Sinding.

Bridges aims to add decarbonisation projects and expand its European footprint for its sixth vintage of its flagship real estate impact strategy, NPM has learned.