Ara Partners Raises $2.5 Billion for Inaugural Conventional Energy Optimization Fund

Energy and industrial transition-focused private equity investor Ara Partners announced that it has raised $2.5 billion at the final close of its inaugural energy investment fund, Ara Energy Fund I, focused on investing assets along the conventional energy value chain…

Read MoreAra Partners Raises $2.5 Billion for Inaugural Conventional Energy Optimization Fund

Hyundai, Peak Energy Launch Platform to Expand Renewable Energy in Automotive Supply Chain

Singapore-based renewable energy developer Peak Energy and Hyundai Motor Securities announced the launch of HMS-Peak Energy, a new joint venture aimed at expanding renewable energy solutions and supporting the decarbonization of the automotive supply chain in South Korea. According to…

Read MoreHyundai, Peak Energy Launch Platform to Expand Renewable Energy in Automotive Supply Chain

Canada Reconsiders Oil & Gas “Abatement” Category in Sustainable Finance Taxonomy

The Canadian Taxonomy and Transition Planning Council announced the release of final Methodology Report for Canada’s sustainable finance taxonomy, its upcoming categorization system aimed at helping investors to identify sustainable investments, and to drive capital into business and projects that reduce…

Read MoreCanada Reconsiders Oil & Gas “Abatement” Category in Sustainable Finance Taxonomy