Energy transition

Amber Infrastructure will be working with a place-based investor to attract green investment. The West of England Mayoral Combined Authority hopes to secure an additional £90m to the fund.

The partnership aims to help local communities build their own clean energy infrastructure, or buy stakes in larger regional renewable projects.

The fund, backed by development finance institutions and foundations, supports a new wave of tech-savvy entrepreneurs seeking to build sustainable businesses tackling climate impacts on the continent.

The fresh capital doubles the total amount raised through the fund and will support the expansion of more environmentally-friendly data centres.

The UK’s National Wealth Fund has committed £250m as a cornerstone investor to NextPower UK ESG, which focuses on new-build solar projects.

The loans will be used to upgrade Britain’s ageing social housing sector, which needs close to £36bn of investment to fully decarbonise, according to the National Housing Federation.

The money will be used to finance projects that will boost energy efficiency, slash CO2 emissions and help fight climate change, according to both organisations.

The German residential real estate technology platform says it will use the investment to deploy significant capital over the next 24 months to drive the green transition of Germany’s housing sector.

The Netherlands-based blended finance fund manager is hoping the new vehicle will unlock private sector investment for a vast range of green hydrogen technologies.

The fund managed by the Swiss impact investor focuses on projects in emerging and developing countries committed to slashing greenhouse gas emissions by at least one-fifth.