New Delhi : Sterlite Power arm Sterlite Power Brasil has raised 600 million Brazilian real (about Rs 970 crore) through the issuance of debentures. “Sterlite Power Brasil, a subsidiary of the Indian corporation Sterlite Power Transmission Ltd, a company that develops energy transmission projects, announces the issuance of debentures on the total amount of R$ […]
Al Gore’s Generation Takes $600 Million Stake in Octopus Energy – EQ Mag Pro
Al Gore’s Generation Investment Management LLP bought a $600 million stake in the U.K.’s Octopus Energy Ltd., a supplier of green electricity. Generation’s Long-Term Equity fund will own a 13% stake, boosting Octopus’s valuation to $4.6 billion, the utility said in a statement Monday. Octopus plans to use the capital to “turbo boost” its renewable-energy […]
Temasek and BlackRock commit $600 million to invest in firms working to reduce carbon emissions
The partnership between Temasek and BlackRock — called Decarbonization Partners — will launch a series of late-stage venture capital and early growth private equity investment funds. They plan to commit a combined $600 million in initial capital to invest across the funds, which would also raise money from third-party investors. The first fund has a […]