Investment

Carlyle Backs Solar Developer Aspen Power with $350 Mln Investment

Private equity firm Carlyle Group Inc said on Thursday it has invested $350 million to acquire a majority stake in renewable energy developer Aspen Power Partne…

Natural Gas

Azerbaijan Needs Investment in Order to Boost European Gas Flows

Azerbaijan will need investment and long-term purchase commitments if it is to double its natural gas supply to the European Union.

Green Investment Group Buys BayWa r.e. Bioenergy Platform

Maquarie Asset Management’s GIG acquires specialist biogas platform from BayWa r.e. AG and looks to grow business across Germany, Italy and rest of Europe.

Australia

ACEN Australia Bags $75m Funding for 8GW Renewable Energy Projects

This CEFC investment will accelerate the development of ACEN’s renewables portfolio.

Crude Oil

World Set to Lose 5 Million Barrels of Oil per Day if Investment Stops

The world will lose 5 million barrels per day of oil each year from current supplies if spending comes to a halt, Dr Sultan Al Jaber, managing director and grou…

Net Zero Emission

Northern Ireland Invests £88m in New Zero Emission Buses

The investment will support the supply of 100 new zero-emission buses.

Net Zero Emission

Baseload Capital Raises US$24 Million to Boost Geothermal

Swedish climate investment fund, Baseload Capital, has raised US$24 million in new financing, corresponding to SEK 250 million.

EU

EIB Group Supports REPowerEU Plan With €30BN Financing

Package of new, targeted financing is expected to mobilise up to €115bn of new investment by 2027, contributing to ending energy dependency on Russia.

Iberdrola Renewables Investment Rises

Iberdrola invested almost €8bn globally in the first nine months of 2022, an increase of 14%, with 90% of funding allocated to renewables and smart grids.

Hydrogen Project

Hydrogen to Deliver More Than $8.7BN Annually to the UAE Economy – Report

Opportunities are driving multibillion-dollar investments individually and jointly, through bilateral agreements such as the strategic partnership between bp, A…

Carbon Emissions

Apple Announces New Clean Energy Investments, Asks Suppliers to Decarbonize

Apple Inc said on Tuesday it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonize operations rela…

Coal Production

Indonesia’s Pivot Away From Coal Will Require Massive Investments

As the world’s largest coal exporter, Indonesia will play a key role in reducing global emissions, but it needs help to do it.

Wind Farm

Ørsted to Sell 50% Stake in US Renewables Portfolio

Global wind project developer Ørsted has announced that it is selling a 50% ownership stake in a US portfolio to the investment group Energy Capital Partners. …

Paris Climate Agreement

‘Oil and Gas Investments Could Finance Renewables Needed for 1.5°C’

The Paris Agreement could be achieved if money intended for new oil and gas fields was redirected into wind and solar, a study claims.

Electricity Transmission

EIB Invests Nearly Half a Billion Euros in Major German Grid Expansion Plan

The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity …