Qantas, Rio Tinto, BHP to Invest $53M in Australian Carbon Credit Fund
The fund, managed by Silva Capital — a joint venture between Roc Partners and C6 Investment Management — aims to raise AU$250 million to generate and manage Australian Carbon Credit Units from reforestation initiatives.
Gruner Renewable Energy Bags $60 Million for CBG Expansion
The company plans to leverage this funding to set up new compressed biogas (CBG) plants across India and also to boost research and development efforts.
Cyan Renewables Acquires MMA Offshore in $726 Million Deal
MMA shareholders will receive A$2.70 per share in cash, representing a premium of 36% over the stock’s 90-day average price.
India Making Strides in Climate Action: Forests to Absorb More Carbon; Economic Survey
The country’s GDP grew at a healthy 7% rate between 2005 and 2019, while emissions increased at a slower pace of 4%.
Promoter Infuses 900 cr; Inox Wind to Become Debt-Free
This strategic move will significantly strengthen the company’s financial position and accelerate its growth trajectory.
ACME Solar Aims for Aggressive Expansion with ₹3,000 Crore IPO
ACME Solar boasts a current operational solar power capacity of 1,320 MW, with an additional 1,500 MW of solar and 150 MW of wind power under construction.
World Bank’s $1.5 Billion Loan Boosts India’s Green Hydrogen Dreams
This loan marks the second round of support from the World Bank, following a similar $1.5 billion granted in June 2023.
Adani Green Pledges S$24.2 Billion by 2030 to Build 40GW Capacity
Adani Green Energy Ltd (AGEL), a subsidiary of the Adani Group with a current renewable energy capacity of over 10 GW, aims to add 6-7 GW annually, reaching 50 GW by 2030.
Tata Communications Secures $250 Million Sustainability-linked Loan
The five-year sustainability-linked loan (SLL) is the first of its kind for Tata Communications under their newly established SLL framework.
IFC Invests $105 Million in Brookfield’s Solar Project
The IFC’s investment will be made through long-term loans allocated to the project’s special purpose vehicles and entities responsible for its implementation.