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Showing 731 - 740 of 2157 results for "ENE"

Morgan Stanley makes second climate private equity deal

ROSE MARY PETRASS  |  THURSDAY, 2 NOV 2023  |  NEWS
Morgan Stanley Investment Management's (MSIM) 1GT Climate Private Equity Strategy has announced a strategic partnership with Huel, a UK plant-based protein company. It is the second deal the climate-focused 1GT growth strategy has made so far, after ...

Blackstone and Vista to acquire energy market software

ROSE MARY PETRASS  |  THURSDAY, 2 NOV 2023  |  NEWS
Private equity funds affiliated with Blackstone and Vista Equity Partners have backed energy market simulation software Energy Exemplar in a move that will support grid reliability and the energy transition. Energy Exemplar is a software provider used ...

VIC SEC is back with $1 billion renewable target

ROSE MARY PETRASS  |  THURSDAY, 2 NOV 2023  |  NEWS
Victoria's State Electricity Commission (SEC) has been reintroduced in a move that is hoped to crowd in investment into renewables in the state. Victorian premier Jacinta Allan launched a new Strategic Plan 2023-2035 for the SEC, setting out priorities ...

Brookfield ups the ante on Origin by $1.2bn

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
The Brookfield-led consortium has increased its bid for Origin Energy by $1.2 billion, a move that has been knocked back by its largest investor AustralianSuper. Brookfield, in conjunction with consortium partners GIC, Temasek and MidOcean, an LNG company ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Approximately $260 billion of all outstanding Australian bank loans, or 22% of bank lending, are highly exposed to nature-related risk. Ernst & Young Australia and the Australian Conservation Foundation released a report finding that banks that are ...

Role for finance after No vote

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
Despite being voted down by the Australian public, the First Nations Voice to Parliament saw support from the private sector which viewed the federal advisory body as the next step for reconciliation. As the dust settles, experts say finance has an ...

Renewables set to dominate by 2040

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
Clean energy costs are predicted to decline over coming decades as renewable power dominates the energy mix with increasing investments and decarbonisation driven by electric vehicles. McKinsey's Global Energy Perspective 2023 predicts that renewables ...

Investors lack clarity, rural solutions lack funding

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
A $300,000 grant program backed by Mike Cannon-Brookes will seek to pair socially responsible entities with rural communities that are on the frontlines of climate change. Developed by the Foundation for Rural and Regional Renewal (FRRR), the grant ...

Investors call for multilateral financial architecture overhaul

ROSE MARY PETRASS  |  TUESDAY, 24 OCT 2023  |  NEWS
Ahead of the upcoming COP28 in the United Arab Emirates, a member-led initiative of 86 institutional investors with US$9.6 trillion in assets under management reported a fall in total absolute financed greenhouse gas emissions. In its third annual progress ...

AASB publishes climate-related disclosure standards draft

RACHEL ALEMBAKIS  |  MONDAY, 23 OCT 2023  |  NEWS
Australian Sustainability Reporting Standards (ASRS) will first focus on climate-related financial reporting, under an exposure draft released by the Australian Accounting Standards Board (AASB). AASB has opened up a 120-day comment period on ASRS 1 ...