A consortium led by the Canadian pension giant has proposed to acquire the remaining shares it doesn’t own in the renewable energy company for $6.75 each.
The pension fund has launched a joint venture with the Mohawk Council of Kahnawake to invest in renewable energy infrastructure.
Economic factors, especially Chinese demand destruction and the growth of renewables, are flattening demand and increasing market volatility for fossil fuels.
The $990 billion Public Investment Fund signed four joint venture deals involving solar, wind and green hydrogen projects.
JPM’s Michael Cembalest explores opportunities as renewables rise, but fossil fuels will too as the population grows.
The $475 billion Qatar Investment Authority also signed a renewable energy deal in South Africa.
A group representing A$1.2 trillion in assets is calling for reforms and investment on ‘a massive scale.’
The firm aims to raise $1.2 billion to invest in the country’s climate infrastructure.
Foreign investment is surging into American industrial construction, according to the strategist.
Exxon and its kin were laggard stocks for a long time, but now they enjoy flush revenue and strong share prices. The bet: Their clean fuels may give them better stability.
