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GIC invests in US-based EV charging firm Qmerit A GIC signage is pictured during their results announcement in Singapore July 2, 2019. REUTERS/Anshuman Daga July 21, 2021 Singapore’s sovereign wealth fund GIC has invested an undisclosed amount in US-based Qmerit, a green energy firm that installs electric vehicle (EV) charging stations in residential and fleet areas, according to an announcement. GIC has partnered with Lime Rock New Energy, the clean energy arm of private equity firm Lime Rock Management, to invest in the green energy firm. The Singapore investor will have a seat on the Qmerit board as part of the deal. ....
Qmerit Scores Investment From GIC For EV Charging Efforts socaltech.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from socaltech.com Daily Mail and Mail on Sunday newspapers.
GIC Invests in Qmerit to Supercharge Electrification Efforts apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
University of Kentucky, Lexington, made two new commitments totaling $18 million for its $1.6 billion endowment.Investment staff committed $10 million to Lime Rock New Energy I, a growth equity fund managed by Lime Rock Management that invests in energy companies with a positive environmental… ....
Transition to Clean Energy Fuels M&A January 11, 2021 Andrew Spitzer Drew Spitzer is a managing director in the Energy, Power & Infrastructure Group at Harris Williams. The global economy is going through a major energy transition, steadily reducing its reliance on fossil fuels and accelerating its adoption of cleaner, more renewable energy resources. The trends are playing out in M&A with more deals. The transition to renewable energy supports the increased electrification of the global economy, which, in turn, is driving growth for a host of innovative businesses that seek to capitalize on trillions of dollars of market opportunity. Despite the economic headwinds of Covid-19, global investment in renewables reached $137 billion in the first half of 2020, a 5 percent increase from 2019, according to ....