Search Results

Showing 11 - 20 of 234 results for "divest"

KKR splashes $603m on energy transition platform

KARREN VERGARA  |  FRIDAY, 6 FEB 2026  |  NEWS
Global private equity firm KKR is injecting $603 million into HMC's Energy Transition Platform, marking its second climate-related investment in Australia. The commitment will last seven years and is expected to generate a 14% p.a. return. It will be ...

Quinbrook divests in UK flexible energy platform for $83m

MATTHEW WAI  |  FRIDAY, 23 JAN 2026  |  NEWS
Quinbrook has sold its energy optimisation business Flexitricity for about £42 million ($83m) to Drax Smart Generation, a subsidiary of Drax Group. The sale price represents an enterprise valuation of £36 million ($71m) plus an estimated net working ...

AkademikerPension to ditch US treasuries

KARREN VERGARA  |  WEDNESDAY, 21 JAN 2026  |  NEWS
Danish pension fund AkademikerPension will divest all holdings in US treasuries tipped to be worth US$100 million, according to reports, in part due to tensions over US President Donald Trump's attempted takeover of Greenland. AkademikerPension also ...

Fund managers cite net zero, active ownership as top focus: Survey

KARREN VERGARA  |  THURSDAY, 8 JAN 2026  |  NEWS
Net zero and active ownership, including proxy voting, are the top areas of responsible investment focus for fund managers, Frontier Advisors' annual survey reveals. The 83 fund managers canvassed in the 2025 What fund managers (and consultants) really ...

Stonepeak acquires gas network in Queensland

RIDDHIMA TALWANI  |  THURSDAY, 18 DEC 2025  |  NEWS
... help effectively capitalise on these meaningful tailwinds," Keogh said. APA Group, one of the shareholders of Allgas, will divest 20% of its equity ownership of the gas network for $64 million. As part of the transaction, it will continue to provide ...

Super moves: ART, AustralianSuper, Rest, Unisuper

ELIZABETH FRY  |  THURSDAY, 20 NOV 2025  |  NEWS
Australian Retirement Trust's former private equity lead Adam Murphy has joined the Dilmon family office of former Emir of Qatar, Sheikh Hamad bin Khalifa Al Thani. Dilmon has recently been expanding its global presence and recruiting a multi-strategy ...

Norway SWF told to pause ethical divestments

JAMIE WILLIAMSON  |  FRIDAY, 7 NOV 2025  |  NEWS
The world's largest sovereign wealth fund is halting ethical divestments until its guidelines, unchanged since 2004, are reviewed. Norway's parliament earlier this week voted to pause ethical divestments by Norges Bank Investment Management ...

Apollo takes 50% stake in world's largest wind farm

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025  |  NEWS
Apollo has agreed to invest $10 billion (US$6.5 billion) in a 50% stake in Ørsted's Hornsea 3 - the world's largest offshore wind project. The investment includes the acquisition price for a 50% interest in the joint venture holding Hornsea 3 and a ...

We prefer to solve problems than divest from them: HESTA

ELIZA BAVIN  |  MONDAY, 20 OCT 2025  |  NEWS
HESTA head of portfolio management Jeff Brunton told the IGGC Summit 2025 that the super fund is focused on trying to fix climate related investment problems instead of shying away from them. "We go with the super impact approach, which for us means ...

Australian investors to struggle to meet 2035 climate targets: Report

ANGELIQUE MINAS  |  FRIDAY, 26 SEP 2025  |  NEWS
A new report by BMI reveals a disparity between 2035 climate targets set by the Australian government, and existing policies for implementation. Following recommendations made by the Climate Change Authority (CCA), the federal government recently announced ...