March 29, 2024
Investors

Japan wants cash for its green transition. But what are investors actually backing?

Japan is asking investors to stump trillions of yen over the next decade to back its efforts to tackle climate change. But both investor groups and climate change experts are concerned about the decarbonization merits of the projects the world’s first sovereign “transition bonds” will be supporting. These special sovereign bonds, which were issued for

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Investment

Google-Backed Company To Invest $100 Million In Virtual Power Plant

co-founder and co-CEO of Sidewalk Infrastructure Partners. Sidewalk Infrastructure Partners Google, long interested in clean energy and conservation, is spinning out its GoogleGOOG Nest Renew business and Sidewalk Infrastructure Partners (SIP) is combining it with OhmConnect to create a new company in which SIP will make an initial $100 million investment. The new company, which

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Funds

Middle East investments in China to bloom in amount, scope in 2024 as sovereign wealth funds aim to diversify: bankers

Saudi Crown Prince Mohammed bin Salman (right) welcomes Chinese President Xi Jinping in Riyadh on December 8, 2022. Photo: AFP “Middle Eastern sovereign wealth funds see opportunities in the attractive valuations of Chinese companies at the moment, and in the medium to long-term they are also very bullish on China and want to strengthen ties

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