Transition

Sarasin & Partners divests Norwegian energy company on 'climate concerns'

Argos Wityu acquires moving services for decarb fund

NORD/LB co-finances 'biggest ever' European BESS deal

Goldman Sachs launches $1bn climate transition private debt strategy

Aligned Climate Capital raises $85m for second VC fund

Mirova becomes largest shareholder in Greenway's EV business

CIP closes greenfield energy fund 'above' €12bn

EU Platform identifies core elements of a transition plan

Analysis of EU companies' transition plans "lays the foundation for minimum requirements" for credible plans, according to independent advisors to the European Commission.

US withdraws from JETPs in Indonesia, South Africa and Vietnam

The US has withdrawn from Just Energy Transition Partnerships (JETPs) in South Africa, Indonesia and Vietnam, leaving the blended finance initiatives facing large holes in their finances and with questions surrounding the future of JETPs.

Investors 'will continue' to push BP for climate plan clarity despite rejection

Investors who urged BP to give shareholders a 'say on climate' will continue to push the company for clarity on the issue, despite BP ignoring their pleas to do so at its annual general meeting on 17 April.

Global stranded assets exposure is $2.3trn, estimates say

Canada regulator's guidance muddies waters on legality of net-zero plans, says accounting body

Guidance from Canada's Competition Bureau on how regulation of environmental claims such as net-zero plans will be enforced has "not mitigated the issues created by the legislation ... in fact it may have exacerbated them," according to an accounting body.

Blackstone closes energy transition PE fund at $5.6bn

Automobile firms should issue 'SUV-free' green bonds - eventually

A senior European sustainable bond investor has argued that automobile manufacturers should look to direct green bond investment away from 'sport utility vehicle' (SUV) electric vehicles to more efficient equivalents, but this may have to be a future step for these issuers.

Actis enters JV with EDF India for metering infrastructure