South Korea’s National Pension Service hones in on climate change by Kali Persall | Mar 8, 2023 South Korea’s National Pension Service (NPS), the world's third-largest public pension fund, has plans to add climate change to its list of focus areas for responsible investment, according to Reuters.
ACWA Power to deliver solar, battery storage projects in Uzbekistan by Kali Persall | Mar 7, 2023 ACWA Power has signed deals with Uzbekistan’s Ministry of Investments, Industry and Trade to build two solar parks with a combined capacity of 1.4 gigawatts, with 1.2 gigawatts of battery storage.
Banyan Infrastructure $25m announces funding round to unlock sustainable financing capabilities by Released | Mar 7, 2023 Banyan Infrastructure, a sustainable financing software platform, has announced a $25 million series B funding round, bringing the company's total funding to more than $42 million.
AXA IM Alts to expand capital raising for infrastructure, debt strategies in 2023 by Kali Persall | Mar 7, 2023 AXA IM Alts says it plans to increase capital raising for both its infrastructure and debt strategies in 2023, as the business continues to respond to and match shifting investor requirements.
New Jersey opens 4GW offshore wind solicitation by Andrea Zander | Mar 7, 2023 The New Jersey Board of Public Utilities (NJBPU) has voted to open the application window for the State’s third solicitation for offshore wind capacity.
JLL arranges $310m construction loan for first all-electric life sciences campus in California by Released | Mar 7, 2023 JLL Capital Markets has arranged a $310 million construction loan for the development of Avia Labs at Millbrae Station, a best-in-class life sciences development totaling 315,000 square feet at the Bart and Caltrain station in Millbrae, Calif.
Strengthening value through ESG: CBRE survey of global property professionals by Andrea Zander | Mar 7, 2023 A recent CBRE survey of more than 500 commercial real estate professionals worldwide revealed these key findings:
Wind, solar, and batteries increasingly account for more new U.S. power capacity additions by Released | Mar 7, 2023 Wind, solar and battery storage are growing as a share of new electric-generating capacity each year. In 2023, these three technologies account for 82 percent of the new, utility-scale generating capacity that developers plan to bring online in the United States, according to the U.S. Energy Information Administration’s Preliminary Monthly Electric Generator Inventory.
EDP Renováveis seeks to invest €20b into renewables deployment by 2026 by Kali Persall | Mar 6, 2023 EDP Renováveis (EDPR) has unveiled plans to invest €20 billion ($22 billion) to deploy 17 gigawatts of renewables until 2026.
Edmond de Rothschild launches new infrastructure debt fund by Kali Persall | Mar 6, 2023 Edmond de Rothschild Asset Management is launching its second infrastructure debt fund on behalf of its BRIDGE platform.