Bloomberg Oatly Group AB surged after announcing it will transfer leases and production capacity at two US facilities to Canadian manufacturer Ya YA Foods Corp — a bid to fix product shortages that have plagued the Swedish oat milk maker. The $98.1 million co-packing agreement, expected to close in the first quarter, will last 10 years and is part ...

  Bloomberg For the first time, more money was raised in the debt markets for climate-friendly projects than for fossil-fuel companies. Roughly $580 billion was arranged in 2022 for renewable energy and other environmentally responsible ventures, while the oil, gas and coal industries turned to lenders and underwriters for closer to $530 billion, according to data compiled by Bloomberg. But ...

  Bloomberg RWE AG and Equinor AS said they would build hydrogen power plants, as well as a pipeline to send the fuel to Germany from Norway. The two countries will “accelerate the creation of a functioning hydrogen market, a value chain,” Norwegian Prime Minister Jonas Gahr Støre said in Oslo, where he met German Vice Chancellor Robert Habeck. The ...