Additional $600m for low-carbon solutions as BlackRock forms new investment partnership
Additional $600m for low-carbon solutions as BlackRock forms new investment partnership The world's largest investor, BlackRock, has forged a new partnership with Singapore-based Temasek to scale up investment in low-carbon technologies. The partnership believes it can raise $1bn initially Called ‘Decarbonization Partners’, the partnership has committed to initially invest a combined $600m in initial funds, that will be used for late-stage venture capital projects and existing early growth equity private funds. Funding will be raised by third parties as well as from Blackrock and Temase...
Source: edie.net