Amazon Commits Over $1 Billion to Workforce Education, Energy, Water Solutions in Data Center Communities

Amazon announced the establishment of its new “Amazon Data Center Commitment,” setting a series of key pledges for communities in which it establishes and operates data centers, ranging from ensuring that its operations don’t result in higher energy bills to…

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CIP Scores Over $1.3 Billion Commitment from NBIM for New Clean Energy Infrastructure Fund

Norges Bank Investment Management (NBIM), the investment manager for Norway’s $2 trillion oil fund, announced that it has committed €1.2 billion (USD$1.34 billion) to Copenhagen Infrastructure Partners’ (CIP) newest flagship renewable energy fund, CI VI. CIP launched CI VI earlier…

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Stakeholders Strongly Oppose Inclusion of Oil and Gas in Canada’s Sustainable Finance Taxonomy

The majority of stakeholders responding to a consultation into the development of Canada’s Sustainable Finance Taxonomy said that they strongly opposed a proposal to include an “abatement measures” category focused on decarbonizing activities related to fossil fuels, according to the…

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Stegra Seeks More Capital to Build Green Steel Megaplant on “Significantly Higher than Assumed” Costs

Swedish green iron and steel maker Stegra announced the completion of a 100-day review of its project to build the world’s first large-scale green steel plant in Boden, Sweden, revealing that it will require more capital to complete the project due…

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