In Short : India, the UAE, and Sri Lanka have signed a tripartite agreement to develop an energy hub in Trincomalee. The project includes a multi-product pipeline and oil tank farm redevelopment, aimed at boosting regional energy security. This move strengthens India’s strategic presence in the Indian Ocean, countering China’s influence and deepening trilateral cooperation […]
$100 Million ADB Loan to Strengthen Armenia’s Fiscal Sustainability and Financial Markets Development – EQ
In Short : The Asian Development Bank (ADB) has approved a $100 million loan to Armenia to enhance fiscal sustainability and develop financial markets. The loan aims to improve public finance management, strengthen budget planning, and promote financial inclusion. It also supports the development of capital markets and institutional capacity, helping Armenia build economic resilience […]
ADB Issues its First Biodiversity and Nature Bond – EQ
In Short : The Asian Development Bank (ADB) has issued its first Biodiversity and Nature Bond, aimed at financing projects that protect and restore biodiversity. This innovative financial instrument will support initiatives focused on sustainable land use, conservation efforts, and climate resilience. By attracting investments for nature-related projects, ADB seeks to address environmental challenges and […]
ADB Invests $100 Million in Fourth Partner Energy to Support Decarbonization of India’s Commercial and Industrial Sector – EQ
In Short : The Asian Development Bank (ADB) has invested $100 million in Fourth Partner Energy to support the decarbonization of India’s commercial and industrial sector. This investment aims to enhance renewable energy adoption, reduce carbon emissions, and promote sustainable practices within these sectors. In Detail : NEW DELHI, INDIA : The Asian Development Bank […]
Kinetic Green plans to raise $100 million by selling 10-15% stake – EQ Mag
Chennai : Pune-based Kinetic is all set to raise around $100-$150 million for its electric vehicle business. According to sources in the automobile industry, the company is in talks with top private equity players for the fund raise. The money raised will be spent on both new products as well as capacity expansion for electric […]
COP27: EIB Global and AllianzGI announce $100 million for renewable energy projects – EQ Mag
The Emerging Markets Climate Action Fund invests $25 million and EIB Global invests $75 million in Alcazar Energy Partners II. The fund will finance renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia. This joint commitment of EMCAF and EIB Global will support the development of onshore wind and solar […]
Voyager Ventures Raises a $100 Million Decarbonization Fund – EQ Mag Pro
The new firm tapped a group of tech and VC notables who share its climate vision in raising its first fund With nearly 30 years of combined climate technology expertise and backed by tech leaders from San Francisco to Helsinki, Voyager’s founders are scaling climate tech startups to decarbonize the global economy. SAN FRANCISCO : […]
Pinnacle Mobility close to raising $100 million – EQ Mag Pro
Pune-based electrical automobile startup Pinnacle Mobility Solutions is in superior talks with a number of world ESG funds, progress funds and a few sovereign wealth funds to elevate up to $100 million (greater than Rs 750 crore) for its entry into the electrical bus section. A proper announcement of the funding is predicted to be […]
SolaREIT Announces Close of $100 Million Solar Lease Securitization with Nuveen – EQ Mag Pro
Largest securitization ever in mid-sized and commercial solar land sector by a REIT: Investment provides much needed liquidity to solar developers and landowners ROCKVILLE, Md. : SolaREIT, a leading solar real estate investment fund, has closed on a $100 million securitization of solar leases with Nuveen. The expansion will significantly increase access to low-cost capital […]
Arena offers $100 million funding for grid scale batteries – EQ Mag Pro
The Australian Renewable Energy Agency has announced a $100 million competitive funding round for grid scale batteries equipped with advanced inverters. The Australian Renewable Energy Agency’s (Arena’s) large scale battery storage funding round will provide up to $100 million funding for new battery energy storage projects of at least 70 MW or larger operating in […]
