Zak Bentley
BlackRock’s deal will see it partner with New York-listed Occidental to build the world’s largest direct air capture facility.
The €1bn-target vehicle aims to offer a 'comprehensive and differentiated financing solution to projects and players involved in the energy transition', according to an announcement.
The Canadian pension, alongside IKAV, is looking to make California’s second-largest oil and gas producer a 'net-neutral' emitter by 2033, its sustainable energies head Bruce Hogg tells us.
The annex fund was raised amid a rising opportunity set in energy transition, according to managing partner Reuben Munger.
The GIG Energy Climate Opportunities vehicle is set to launch early next year, with an initial closing later in 2023.
Macquarie GIG Energy Transition Solutions is targeting a net IRR of 13 percent to 15 percent, according to documents seen by Infrastructure Investor.
The watered-down climate bill is nevertheless a more holistic attempt to foster the realities of the energy transition.
Five years after the US power company's $17bn take-private, the energy-focused firm is rolling about 20% of the existing LPs into a single-asset vehicle.
The new vehicle, which aims to help drive the global energy transition, will initially focus on Europe, balancing its portfolio over time.
Bill Green, founder of Climate Adaptive Infrastructure, explains how investors are mispricing climate risk and what needs to change.