Deals

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.

The investment in ION Solar received commitments from four private markets GPs led by Greenbelt Capital Partners.

Brookfield and Grok Ventures will no longer bid for the Australian energy giant, after the consortium's latest offer was deemed ‘well below’ the fair value of the firm.

An investment group launched by oil and gas companies is investing a $1bn fund to accelerate the implementation of climate change solutions.