The coupon changes depending on the borrower's performance on water use, material waste and carbon emissions.
'This decarbonisation movement is truly the biggest generational opportunity for the infrastructure asset class that will be in front of us over the next couple of decades,' George Yong says.
The project aligns with NREP's target of becoming 100% carbon neutral by 2028, without external offsets.
CF Pathways provides green energy and net-zero related services to more than 5,000 large industrial customers across Europe.
The impact investment firm leverages 'complicated government subsidy programmes' in its pursuit of smaller deals, and says it is on track to create 'the largest clean energy portfolio serving low and moderate income communities in the country'.
Bregal Sphere has made its debut with a natural capital investment, putting this 'increasingly important asset class' at the centre of the firm's new impact strategy.
The firm has now made multiple investments from its giant global transition fund in carbon capture.
Employee ownership programmes, which seek to build wealth among company workers, are gaining traction in the private equity industry. Are investors losing out on upside, or benefiting from increased value creation?
The insurer has made an equity investment in Connected Kerb and appointed the company to fit out its real assets portfolio.
Managing director and Asia chairman Xiang-Dong Yang said the firm is looking at climate-related investments in China and South Korea.