New York City pension funds commit to net-zero greenhouse gas emissions by 2040 by Kali Persall | Nov 5, 2021 Three New York City pension funds have committed to achieve net-zero greenhouse gas emissions in their investment portfolios by 2040.
Japan’s GPIF records 1% gain by Kali Persall | Nov 5, 2021 Japan’s Government Pension Investment Fund (GPIF) has recorded its sixth consecutive quarterly gain on investments, logging a 1 percent gain for the second quarter, according to a report released Nov. 5.
Chesapeake Energy Corp. acquires Vine Energy by Kali Persall | Nov 5, 2021 Oklahoma City–based Chesapeake Energy Corp. has completed the acquisition of pure-play natural-gas company Vine Energy, following approval by Vine stockholders.
OX2 to acquire rights to 150MW Klevberget wind-farm project in Sweden by Kali Persall | Nov 4, 2021 OX2 is planning to acquire the rights from Vattenfall to build a 150-megawatt wind-farm in Sweden
USDOT and Newsome partner to unlock infra improvements in California by Kali Persall | Nov 4, 2021 The U.S. Department of Transportation (USDOT) and California Gov. Gavin Newsom have formed a strategic partnership to help facilitate new projects and financing opportunities for multi-billion infrastructure improvements in the state.
ERBD to ramp up private-sector climate financing by Released | Nov 4, 2021 The European Bank for Reconstruction and Development (EBRD) has announced plans to double the mobilization of private-sector climate financing by 2025.
CEMEX invests in carbon-free construction technology by Kali Persall | Nov 4, 2021 CEMEX and its venture capital unit, CEMEX Ventures, have invested in Synhelion, a Swiss clean-energy company specializing in solar fuels that serve as a climate-friendly substitute to fossil fuels.
AirTrunk to build largest single-campus data center in Asia Pacific by Kali Persall | Nov 4, 2021 AirTrunk, a hyperscale data center specialist based in Asia Pacific, has announced plans to build a new facility in Western Sydney, AirTrunk SYD3.
Dallas-Fort Worth Airport Employees puts additional $5m in IFM Global Infrastructure Fund by Kali Persall | Nov 4, 2021 Dallas-Fort Worth Airport Employees Pension Plan has approved a follow-on commitment of $5 million to IFM Global Infrastructure Fund, according to a recent board meeting document.
AP2 adds $58m to BlackRock’s CFP fund by Kali Persall | Nov 4, 2021 Swedish pension fund Andra AP-fonden (AP2) said it contributed SEK 500 million ($58 million) in BlackRock’s Climate Finance Partnership (CFP) fund, which closed on Nov. 2 with $673 million in capital commitments.
Centennial Resource Development to sell oil acreage for $101m by Kali Persall | Nov 4, 2021 Independent oil and natural-gas company Centennial Resource Development recently agreed to sell 6,200 net-leasehold acres and related assets to affiliates of Henry Resources and Pickering Energy Partners for $101 million in cash.
GLIO Index posts 6.67% monthly return by Andrea Zander | Nov 4, 2021 In October, the GLIO Index added 6.67 percent, driven by gains in transportation (11.2 percent/14.0 percent year-to-date change), energy transportation (6.6 percent/43.6 percent year-to-date) and renewables (7.5 percent/–22.7 percent year-to-date change).
Earthstone Energy acquires Midland Basin assets by Kali Persall | Nov 4, 2021 Earthstone Energy, Inc. has paid $73.2 million for privately held operated assets located in the Midland Basin from Foreland Investments and BCC-Foreland. A purchase price was not disclosed.
Greystar closes $600m for three mixed-use student housing projects by Released | Nov 4, 2021 Greystar Real Estate Partners has closed $600 million for three mixed-use university student housing projects at the University of Maryland, College Park and University of Texas at Austin (UT Austin).
Green-energy, renewable alliance unveiled at COP26 by Released | Nov 3, 2021 A new initiative, called the Global Energy Alliance for People and Planet (GEAPP), was launched on Nov. 2 at COP26 — the 2021 United Nations Climate Change Conference — to accelerate investment in green-energy transitions and renewable-power solutions in developing and emerging economies worldwide.Â