Deals

The impact firm is investing its third sustainable infrastructure fund while raising its fourth.

The round overtakes Future Meat’s $347m 2021 Series B as the biggest yet from the cultured meat industry and comes at a time of increasing momentum and interest.

To answer that question, we probed industry insiders to find out whether carbon externality has been adequately priced in to AGL.

The asset manager will be the sole lender on the project, which is expected to reduce carbon emissions by 3.9m tonnes.

Warburg Pincus hedges its bets while Partners Group, GIC and Swiss Re invest in carbon capture specialist Climeworks, as global demand for carbon offsets is set to grow to meet net-zero targets.

Climeworks has raised $649m from institutional investors to scale its direct air carbon capture and storage facilities.

The Swedish impact manager is planning to help scale a company operating second-hand goods auction platforms.

Australian produce provider Perfection Fresh will serve as a platform for growth focused on large-scale greenhouse facilities in markets including Southeast Asia and China, says chairman Dave Chen.

LGT’s impact offshoot Lightrock creates ‘financial empowerment’ and ‘provides liquidity’ with latest deal, says Lightrock partner Shakir Merali.

The firm’s head of transition says Brookfield’s rejected bid for Australian energy giant AGL is a ‘better option’ for shareholders than a demerger.