Cover all financing and funds including debt
Saudi Arabia’s PIF Earmarks Capital Expenditure of $19.4B for Green Projects
The sovereign fund will park significant investments in renewable energy, green buildings and sustainable water management projects.
UAE’s ESG Sukuk Soars 43% in Q3, Fueling Middle East Green Finance Boom
ESG constitutes around 15.6 percent of the UAE’s overall sukuk issuance as of Q3 2023, up from 12.7 percent in the same period last year.
US-based BrightNight closes $440M investment from Goldman Sachs
The investment is expected to fully fund BrightNight’s five-year business plan and execute its 31-gigawatt renewable power project portfolio.
Morgan Stanley Arm Raises $750M to Eliminate 1 GT of Carbon Emissions by 2050
The fund will focus on sustainable mobility, power, agriculture, and the circular economy while leveraging ESG principles.
Atlas Metrics Raises $13.6M Series A Funding to Make ESG Compliance Effortless
The capital will be used to expand globally, simplify ESG compliance and help businesses manage corporate sustainability reporting directive reporting.
REC Raises $500M Through Green Bonds to Support Clean Energy Projects
REC Ltd. makes a significant contribution to green finance by issuing $500 million green bonds. The funds will be allocated to renewable energy projects.
Spain’s BBVA, KKR Forge Strategic Partnership on Decarbonization Initiatives
BBVA has committed $200 million to KKR´s Global Climate Strategy, which invests in solutions at scale focused on transitioning to a low-carbon economy.
Sunsure Energy Eyes $1.19B Deft Financing from REC to Power Clean Projects
REC Ltd. and Sunsure Energy to develop 3 GW of renewables and battery energy storage projects, offsetting 5 million tonnes of CO2 annually.
Govt Allocates $1.48B for Hydropower Infrastructure, Targets 31.35 GW
The cost has been rationalized to ₹1 crore per MW for projects up to 200 MW capacity and ₹200 crore plus ₹0.75 crore per MW for ones over 200 MW.
MUFG and Doha Bank Close First Green Repurchase Scheme in Middle East
This transaction marks both institutions’ first green repo scheme, utilizing green bonds as the underlying collateral.