Renewables
Mubadala invests in Ørsted's Hornsea 3, the world’s single largest offshore wind farm
Mubadala has announced a $325 million investment in Ørsted’s Hornsea 3, which, once completed, will be the world’s single largest offshore wind farm, located off the Norfolk coast in the United Kingdom. Mubadala is investing alongside a consortium led by Apollo-managed funds, which includes USS and La Caisse.
PE Firm Lightrock Raises $500 Million for New Clean Energy Fund
Private equity firm Lightrock, which was spun out from Liechtenstein’s LGT Group, has raised a new $500 million fund to back businesses advancing access to affordable and clean energy in Asia and Africa.
Clean Energy Seen as ‘Structurally Immune’ to Hormuz-Style Shock
The war in Iran has provided new impetus to the low-carbon transition as renewable energy is seen as less vulnerable to future price shocks, according to a group of corporate bosses and senior bankers.
