Renewables

Investors including Just Climate, Singapore's Temasek and Sweden's AP2 have contributed to a €1.5 billion equity round to build the world's first green steel plant.

Pentagreen Capital has penned its first deal, committing $30 million to Philippines-based renewable energy platform, Citicore Solar Energy Corporation.

Despite exiting two high-profile renewables companies in Africa, Actis says it is not concerned about its sustainability progress being rowed back by its investor peers.

BlackRock is preparing to launch a NZD2 billion ($1.2 billion) New Zealand-focused climate infrastructure fund, which the US asset manager said is expected to be the "largest single-nation decarbonisation investment initiative" to date.

The huge US Inflation Reduction Act (IRA) should prove a "catalyst" for global sustainable investment, as other regions respond to the anti-competitive US government support with their own programmes, Standard Chartered has said.