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Recently, Canada Pension Plan Investment Board announced a new partnership with Amsterdam-based Power2X, in which the Plan will invest an initial €130 million to accelerate the growth of Power2X as a development platform to fund green molecule projects. Power2X is a European green molecule developer and advisor focused on the decarbonization of hard-to-abate industrial sectors.…
– The threat posed by new technologies such as artificial intelligence (AI), which had been consistently falling since 2021, is
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CPPI’s investment is mostly in the form of capital that Power2X can use to develop new projects in Europe that seek to decarbonize hard-to-abate industrial assets by adopting green hydrogen
Canada's biggest pension fund, CPP Investments, has made its first bet on green hydrogen playing a growing role in cutting emissions, with a 130 million euro investment and the purchase of a...