Power Sustainable, the alternative asset management arm of Power Corporation of Canada, has raised over $330 million to fund a new private equity strategy focused on decarbonization. The strategy—Power Sustainable...
Key Impact Points: The private equity (PE) industry is steadily advancing its sustainability efforts, driven by increasing investor expectations and the commercial benefits tied to ESG initiatives. With over $8.7...
Key Impact Points: Strategic Investment in Climate Mitigation Morgan Stanley Investment Management has successfully completed funding for its ambitious 1GT climate private equity fund, securing $750 million. This fund is...
The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) have increased their support for private sector renewable energy projects, boosting their combined financing to €600 million...
Novata Expands with New Sustainability Tools for Private Companies Novata, a leader in sustainability management for private markets, has launched “Novata for Companies,” a new platform designed to help private...
Mirova, an affiliate of Natixis Investment Managers focused on sustainable investing, has announced the final closing of its first impact private equity fund, Mirova Environment Acceleration Capital (MEAC). The fund,...
The Potential of AI in UAE Investment in Artificial Intelligence (AI) is poised to significantly boost the UAE’s economy, potentially adding an extra Dh335 billion ($91.28 billion) by 2031. This...
Blackstone (NYSE: BX) announced a majority investment in Westwood Professional Services, Inc. (Westwood), a leading engineering and design firm specializing in renewables, power, real estate, and public infrastructure. This investment...
Terex Corporation (NYSE: TEX) has announced the acquisition of Environmental Solutions Group (ESG) from Dover Corporation (NYSE: DOV) for $2.0 billion in cash. After accounting for expected tax benefits of...