American Express Global BusinessTravel and Shell Aviation SAF programgains momentum New York : American Express Global Business Travel (Amex GBT), the world’s leading B2B travel platform, and Shell Aviation today announced that Bank of America is the first financialinstitution to join theirsustainable aviation fuel (SAF) program.The program launched in 2022 with 1 million gallons of […]
India to attract $10 bn in green energy investment in 2023: Bank of America – EQ Mag
India could attract close to $10 billion in renewable energy investment in 2023, a bright spot as public markets remain largely shut to big-ticket capital raising, according to Bank of America Corp.’s top executives in the country. Deals and investments will continue to flow into areas such as electric vehicles and green hydrogen, Kaku Nakhate, […]
CrossBoundary Energy Access Raises $25 Million from ARCH, Bank of America, and Microsoft Climate Innovation Fund to Finance Solar-Powered Mini-Grids in Africa – EQ Mag Pro
CrossBoundary Energy Access (CBEA) will deploy a total of $50 million in capital to its near-term pipeline of solar mini-grid portfolios. CBEA plans to deploy $150 million to bring clean energy to one million people in Africa. Supports the United Nations Sustainable Development Goal Number Seven (SDG7), Affordable and Clean Power for All. Africa’s first […]
Bank of America Mobilized and Deployed $250 Billion in Sustainable Finance Capital in 2021 – EQ Mag Pro
Company is accelerating its capital mobilization and deployment as part of its $1.5 trillion by 2030 sustainable finance goal that is committed to environmental transition and inclusive social development. CHARLOTTE, N.C. : Bank of America announced today that it mobilized and deployed approximately $250 billion in sustainable finance activity for 2021, an all-time high and […]
Bitcoin mining can be a ‘bridge’ to a renewable energy future by supporting green projects, a leading North American miner says
Bitcoin can be at the heart of the transition towards renewable energy, Foundry boss Mike Colyer said. He said bitcoin mining can help renewable projects manage oversupply and support more investment. Many remain unconvinced, with Bank of America attacking bitcoin’s energy use this week. Bitcoin mining can help the development of renewable energy technologies by […]
Softbank-Bharti renewable JV looks to raise up to $750 million
SB Energy, the renewable energy arm of SoftBank, has mandated Bank of America Merrill Lynch and Barclays to help raise $500-$750 million in SBG Cleantech, it’s 80:20 joint venture with Bharti, multiple people aware of the development said SoftBank-backed renewable energy firm SBG Cleantech is set to reach out to financial and strategic investors to […]
Bank of America extends Rs 356.5 cr line of credit to Fourth Partner Energy
This line of credit is BoFA’s first locally denominated loan for commercial solar financing in India New Delhi: Bank of America (BoFA) has extended a revolving credit facility of Rs 356.5 crore to Fourth Partner Energy. The firm will deploy these funds to grow its operational solar portfolio by close to 150 megawatt (MW) over […]