They don’t pay much interest, and future price appreciation is so not happening. Still, they have their uses.
The partners will invest up to $190 million in combined equity into the project.
The $1.17 trillion fund also placed PetroChina on watch for three years over ‘gross corruption.’
Contrary to government assurances, the price tag will be huge, says former UK pensions minister Steve Webb.
The often-overlooked part of ESG, how companies are managed, demands diligence and good sense, not easy to bring off.