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Glennmont starts $698m renewable power fund

  Bloomberg Nuveen’s London-based renewable energy fund manager Glennmont Partners has raised $698 million to buy green power assets in Europe. Glennmont’s latest fund comes as the European Union plans to boost construction of clean-power generation to cut its reliance on gas imports amid an energy crisis sparked by Russia’s war in Ukraine. Glennmont will invest in technologies such as ...

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Starwood, EnergyRe launch green real estate venture

  Bloomberg Private investment firm Starwood Capital Group and an affiliate of developer Related Companies have teamed up to start a venture that will sell clean energy products to big real estate owners. Radial Power will install solar panels, battery storage and electric vehicle charging stations to help large property owners hit their climate and clean energy goals, according to ...

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India may boost coal power fleet 25% by 2030 amid rising demand

  Bloomberg India plans to expand its coal power fleet by about a quarter through the end of the decade as it continues to lean on the fuel to meet growing demand until energy storage costs fall. The world’s third-biggest emitter of greenhouse gases will add nearly 56 gigawatts of coal power capacity unless there’s a substantial drop in the ...

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