BlackRock

Small-scale solar professional CleanCapital has actually protected a US$ 300 million financial investment from Manulife Financial investment Management to aid grow its asset portfolio.

BlackRock Real Possessions has successfully achieved a US$ 4.8 billion last close of Global Renewable Power Fund III (" GRP III" or the "Fund") with dedications from over 100 institutional capitalists, including leading public as well as personal pension plan funds, insurance companies, endowments, structures and also family members workplaces from over 18 nations worldwide.

Possession handling huge BlackRock has raised US$ 4.8 billion from institutional capitalists to money sustainable power generation jobs in Europe, Asia and also the Americas.

Independent power producer ReNew Power has consented to go public through a merger with RMG Acquisition Company II, a United States unique objective acquisition firm (SPAC), in an offer that values the combined entity at US$ 8 billion.

Former Facebook staff member as well as present enfant terrible of high money Chamath Palihapitiya is making news again with a $1.3 billion twofer SPAC and PIPE deal into the solar power financing business, Sunlight Financial.

BlackRock Real Assets has actually gotten the remaining 20% risk in Distributed Solar Development (DSD) from GE Renewable Energy.

BlackRock Real Assets is selling on a 156MW profile that it co-owns with Lightsource BP to Greencoat Capital.

BlackRock, the global biggest fund managing company, has closed 1bn USD of a 2.5bn USD fund aimed at wind, solar and storage. However, this is only a small part of the financial giant’s 6.96tn USD balance and nothing in comparison with 17.5bn invested in coal projects.

Rooftop solar, energy storage and other less-mainstream green energy technologies are among the targets of a new colossal renewable fund, the creation of the world’s largest asset manager.

Distributed Solar Development (DSD), a business backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy, has closed on a US$250 million fund financed by Morgan Stanley, Silicon Valley Bank and Fifth Third Bank that will be utilised to fund a portfolio of distributed generation projects through 2020.

BlackRock-backed CleanCapital bags funding, 75.2MW purchase