Asset Allocation
BlackRock Launches New Zealand Strategy for Institutional Investors
The firm aims to raise $1.2 billion to invest in the country’s climate infrastructure.
Tag: Renewable Energy
Asset Allocation
Get Ready for US Manufacturing Supercycle, BofA’s Quinlan Trumpets
Foreign investment is surging into American industrial construction, according to the strategist.
Is Big Oil’s Renewable Energy Push Credible—and Good for Investors?
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.
Manager Selection
Nuveen Hires Head of Energy Infrastructure Credit
New role for Don Dimitrievich includes financing reduced carbon-emission capabilities.
Newsmakers
Australian Prime Minister Proposes $10 Billion Green Fund
The National Reconstruction Fund would invest in clean energy and other areas of the economy.
News
Sovereign Wealth Funds Reap Benefits of Pandemic Dislocation
Direct investments by sovereign wealth funds rise to record level in 2021.
Asset Allocation
Danish, Canadian Pensions Pump More Money Into Renewables
ATP is investing in what will be the EU’s largest geothermal plant, as CDPQ raises its stake in Énergir owner Trencap.
Asset Allocation
Blackstone Invests $3 Billion in CDPQ-Owned Invenergy Renewables
The Quebecois pension fund will remain a majority owner, and Invenergy management will run the firm.
Asset Allocation
Special Report: Green Jobs Have a Nice Future … But Fossil Fuel Work Will Persist
While oil and gas workforces are projected to shrink, they aren’t expected to vanish for some time.
What’s Both Cool and Hot? Wind and Solar Power Investments, Allocators Say
Seeing lush future profits, institutions are diligently investing in these two renewable energy sources.
Corporate Moves
CDPQ Takes Greater Stake in Energy Firm Énergir with $1.14 Billion Transaction
The firm is expanding and diversifying its business into renewables across North America, the Quebec allocator said.
Pensions
Investors Should Decarbonize Portfolios by 10% Annually, MSCI Says
The firm laid out plans for asset owners, managers, and other participants in a call to action this week.
Market Moves
The Case for Investing in Copper, the Go-To Metal for Renewable Energy Projects
Goldman Sachs predicts rising prices for the commodity, which will be key for solar power and electric vehicles.
Pensions
CPPIB Launches Sustainable Energy Group
The Canadian pension giant is merging two business units to create the C$17.7 billion investment division.
Asset Allocation
University of Michigan Pledges to Become Net-Zero by 2050
The $12.5 billion endowment’s portfolio will immediately shift to sustainable assets and shun fossil fuels.