climate

HitecVision’s successful fundraise shows that investors are ready to embrace green propositions from firms embedded in the oil and gas sector.

Warburg Pincus, Partners Group, GIC and Swiss Re have also invested in carbon removal technology this year.

A dearth of emissions data is jeopardising UK pension funds’ TCFD compliance, so investment consultancy Hymans Robertson encourages clients to report on lack of data quality in TCFD reports.

The UK solar fund has reached a first close on £327m.

Impact firm Earth Capital is merging four biomass energy generation assets across the UK, having found these sites cannot scale or generate profit on their own.

Contrarian's LPs include Korys Investments, Molten Ventures and the Grantham Foundation.

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.