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Graphcore recauda 222 millones de dólares en una ronda de financiación de serie E
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Graphcore recauda 222 millones de dólares en una ronda de financiación de serie E
europapress.es - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from europapress.es Daily Mail and Mail on Sunday newspapers.
See Why Sovereign Wealth Funds are Betting on Clean Tech
Posted on 12/24/2020
2021 is approaching and sovereign wealth funds are increasingly taking a deeper look into ESG investing and sustainable investments, particularly in renewable energy. Despite the gloomy coronavirus lockdowns, sovereign wealth funds continue to allocate mounds of capital into clean tech investments. Sovereign investors are backing both new green technologies, while supporting large-scale solar and wind power plants. Even though the majority of European and Gulf-based sovereign wealth funds derive their wealth from fossil fuels, there is a greater need for them to diversify into alternative energy as low oil prices continue to toil. Low oil prices have deeply impacted the budgets of Gulf economies, forcing them faster to rethink their old ways of doing things. For example, Saudi Arabia was forced to lower its budget plan for 2021 by 7% from this year’s. This was due to the coronavirus lockdowns, which imp
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Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi
Canada’s PSP, USA’s DFC, Axis Bank invest $107 million in NIIF’s master fund
The NIIF also announced that it is now targeting to raise $ 2.1 billion for a private equity fund.
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| A+A A- By Express News Service
NEW DELHI: The National Investment and Infrastructure Fund (NIIF) on Monday announced a slew of investments by bigshots such as the Public Sector Pension Investment Board (PSP Investments) of Canada, US federal government’s International Development Finance Corporation (DFC) and Indian lender Axis Bank and a rupee equivalent size $2.34 billion.
The NIIF, set up by the government to channelise investments into its ambitious pipeline of over Rs 1 lakh crore worth of infrastructure projects, said these investments were worth about $107 million. It also marks the fifth and Final Close of the Master Fund, NIIF said. The master fund is India’s largest domestic infrastructure equity fund.
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