Ares Acquires 80% Stake in $800 Million U.S. Solar and Battery Portfolio from EDPR

Alternative asset management firm Ares announced the acquisition an 80% stake in a 384 MW California-based solar and storage portfolio from renewable energy infrastructure developer EDP Renewables, in a transaction valuing the assets at the start of operations at approximately…

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Schroders Launches New Framework to Identify, Assess Climate Adaptation Investment Opportunities

Global investment manager Schroders announced the launch of its Climate Adaptation Investment Framework, a new tool aimed at enabling investors to assess the economic and investment opportunities across more than 100 climate adaptation activities. According to Schroders, the launch of…

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Levi Strauss, M&S, Schneider Electric Launch Fashion Supply Chain Clean Energy Initiative

Levi Strauss and Marks & Spencer, in partnership with global energy technology company Schneider Electric’s consulting practice SE Advisory Services, announced the launch of the Fashion Renewable Collaborative (FRC), a new initiative designed to accelerate renewable electricity adoption across global…

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Consumer Concern About Sustainability Increases for First Time in 3 Years: Bain Survey

85% of consumers report being concerned about environmental sustainability, increasing for the first time in three years, and growing across both developed and developing markets, driven by factors including experiences with extreme weather, according to a new survey released by…

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Mombak Launches $150 Million Amazon Reforestation Fund, Signs Carbon Removal Deal with Salesforce

Brazil-based carbon project developer Mombak announced the first close of The Amazon Reforestation Fund II, its second fund focused on financing restoration projects in the Brazilian Amazon. Mombak said that it is targeting raising $150 million for the new fund,…

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