Apollo to acquire a 50% stake in Hornsea 3 wind farm. Global investment manager Apollo will invest $6.5 billion to acquire half of the UK’s Hornsea 3 offshore wind farm from Ørsted, enhancing its renewable energy portfolio and supporting UK energy transition….
Engie and Apple sign a renewable energy agreement in Italy. Engie will develop 173 MW of solar and wind capacity in southern Italy, with Apple receiving 80% of the output. This project supports Apple’s sustainability goals….
Denominator acquires Equileap to enhance human capital data offerings. The acquisition aims to create a leader in human capital data, integrating Equileap’s gender equality metrics with Denominator’s comprehensive database, serving major global asset managers….
US State Attorneys General challenge EU sustainability regulations. Sixteen Attorneys General have urged major US companies to disregard EU sustainability laws, citing potential legal risks in the US. The initiative is part of a broader push against ESG regulations….
Apollo Funds invests $6.5 billion in Hornsea 3 wind project. The investment will fund a 50% stake in the world’s largest offshore wind project, boosting UK energy security and supporting net-zero targets while providing power to over 3 million homes.
Companies must adopt diverse carbon credit strategies for net zero. A balanced carbon credit portfolio should include reductions and removals, adapting to new science and policy. Collaboration and expert guidance can enhance corporate climate strategies effectively….
GAIA Climate Loan Fund raises $600m for climate adaptation projects. The fund, co-founded by MUFG Bank, FinDev Canada, and Green Climate Fund, aims to improve climate resilience in vulnerable markets. Managed by Climate Fund Managers and supported by Pollination, it targets significant CO₂ emissions reduction and job creation….
Crusoe and Blue Energy partner to develop nuclear data centre. The 1.5 GW campus in South Texas will initially use gas-based power, transitioning to nuclear by 2031. The project aims to deliver cost-effective, zero-emissions energy with reduced construction timelines….
Heineken, EDP, and Rondo Energy announce a renewable energy partnership. The agreement involves installing a heat battery powered by renewable energy at Heineken’s Vialonga Brewery in Lisbon, aiming to decarbonise operations and reduce reliance on fossil fuels….
Iberdrola raises €1 billion in hybrid green bond offering. The bond, issued under the new European Green Bond standard, attracted over €8 billion in orders, enabling Iberdrola to issue beyond initial expectations and secure a 3.75% coupon….