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Danske Bank Divests More than 85% of Fossil Fuel Companies Over Transition Plans
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Copenhagen-based Danske Bank Group announced that it has divested from the vast majority of its investments in fossil fuel companies through its Danske Invest fund management unit and Danica pension and insurance business, following the implementation of a new policy that assesses companies’ low-carbon transition plans. Danske Bank introduced its new methodology for investment in…
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Nuveen Raises $1.3 Billion for New Power Generation and Sustainable Infrastructure Credit Fund
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Investment manager Nuveen announced that it has raised $1.3 billion in capital commitments at the first close of Energy & Power Infrastructure Credit Fund II (EPIC II), reaching more than half of its $2.5 billion target for the infrastructure-focused private credit strategy. Anchored by commitments from a leading Canadian pension fund manager and financial services…
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AWS Signs Renewable Energy Purchase Deal in India with Gentari
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Amazon Web Services (AWS) and Malaysian clean energy solutions provider Gentari announced that they have signed a new Power Purchase Agreement (PPA), supporting a new 80 MW wind power project in Tamil Nadu, India. The new wind project is anticipated to begin operations in mid-2027, and to generate approximately 300,000 MWh of renewable energy annually….
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Seaspan, Anew Climate Partner to Provide Low Carbon Renewable Marine Fuel
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Marine transportation company Seaspan’s subsidiary Seaspan Energy and climate solutions provider Anew Climate announced a new strategic agreement aimed at offering a more sustainable fuel option for ship owners through the offer delivery of renewable liquefied natural gas (R-LNG) to customers on the North American West Coast. Renewable natural gas (RNG), or biomethane, is produced…
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Trane Launches AI Lab to Advance Building Energy Management and Sustainability Solutions
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HVAC and climate control solutions company Trane Technologies announced the launch of the BrainBox AI Lab, a new initiative aimed at advancing AI and HVAC technologies to improve energy management and sustainability in buildings. The new initiative follows Trane’s acquisition last year of BrainBox AI, the developer of an AI and cloud-based building systems optimization…