With the acquisition of Australian battery energy storage developer Akaysha Energy, the firm intends to build out a 1GW portfolio of projects in the country’s National Electricity Market.
LGT offshoot Lightrock – which raised $900m for its debut impact fund from LGT and its private banking clients – has secured €75m from Thailand’s Gulf Energy as it turns to external LPs for the fundraise.
Under new leadership, Australian GPs and LPs are allocating more capital towards strategies and companies that could reduce the country’s carbon emissions.
American firms have been slow out of the gate, but major players are now making climate commitments. Buyouts asks can GPs can make credible plans to decarbonise their portfolios.
In the age of digital reliance, the environmental impact of data centers has come under scrutiny. Asset owners are now acknowledging their growing role in the decarbonisation journey, writes Stephanie Baxter.