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Singapore’s Keppel Infrastructure Trust to acquire 45 percent stake in a solar portfolio from German RE firm Enpal
Keppel Infrastructure Fund Management Pte. Ltd. (KIFM), as Trustee-Manager of Keppel Infrastructure Trust (KIT) is committing up to €109m ($119.81 million) to acquire a 45 percent effective stake in German renewable energy (RE) firm Enpal B.V. (Enpal)’s solar portfolio (AssetCos) through a special purpose vehicle (SPV).
Crunchbase: global sustainability-focused funding holds up well in 2023
While 2023 has been a down year for startup investment in most industries, cleantech and sustainability-focused categories have held up comparatively well, Crunchbase said Tuesday. Per Crunchbase data, global investors have poured approximately $13.9 billion this year into companies working on everything from battery recycling to water-conserving crops.…
Tikehau Capital and Nikko Asset Management form strategic partnership in Asia
Tikehau Capital, a global alternative asset management group, and Nikko Asset Management, one of Asia’s largest asset managers, have entered into advanced discussion to form a business and capital alliance. The contemplated strategic partnership would involve Tikehau Capital and Nikko Asset Management entering into distribution agreements in Japan and…
Thailand’s Kasikornbank paves way for firms to tap tokens for funding – report
“We’re advising some clients to issue tokens for fundraising,” Kasikornbank’s co-president Pipit Aneaknithi said in an interview with Bloomberg on Monday.
In 2024, Web3 must rewrite its user acquisition playbook
The #Web3 industry should prioritize creating high-quality products and services with real utility for users. There is no other path forward now. Especially as traditional finance is now lending its weight to an increasing array of #crypto #finance products, which are widening trading accessibility for individuals and institutions.
Abu Dhabi’s Bayanat and Yahsat merge to create over $4 billion AI-powered space technology firm
Bayanat AI PLC (Bayanat), a Abu-Dhabi-based artificial intelligence (AI)-powered geospatial solutions provider, and Al Yah Satellite Communications Company P.J.S.C. (Yahsat), a leading global satellite operator, have agreed a potential AED 15 billion (over $4 billion) merger.
IFC supports new fund to address infrastructure gaps, cut carbon emissions across Asia and Africa
International Finance Corporation (IFC) is investing $50 million in equity to bolster A.P. Moller Capital's $1 billion Emerging Markets Infrastructure Fund II (EMIF II), joining forces with a consortium of global partners. The new investment will help address critical infrastructure gaps, facilitate trade, and boost access to renewable energy in Asia and…
IHI partners Gentari to develop global green ammonia value chain
Japanese engineering firm IHI Corporation has partnered Petronas's clean energy arm Gentari Sdn Bhd to develop global green ammonia value chain and commercial demonstration of ammonia-powered gas turbine.
National Bank of Cambodia partners IFC to boost green finance, support climate action
To help Cambodia address climate change impacts and create a conducive environment for the uptake of green finance, the National Bank of Cambodia (NBC) and World Bank's unit IFC signed a cooperation agreement to boost financing for climate-friendly projects, supporting the country's transition towards a green economy.
Navigating the landscape of novel gene therapies: How small countries can unlock the global gene therapy market
The future of #biotech investments hinges on the continued evolution of gene therapies and the integration of novel technologies into biological research standards ... In this dynamic landscape, small countries such as #Singapore and #Estonia might achieve catalyzing potential by providing relevant, consistent, and innovation-driven regulatory frameworks to…
