{"id":4420,"date":"2023-12-18T15:42:13","date_gmt":"2023-12-18T15:42:13","guid":{"rendered":"https:\/\/ksanewsroom.com\/blackrock-to-invest-up-to-400m-in-uaes-decarbonisation-company-positive-zero\/"},"modified":"2023-12-18T15:42:13","modified_gmt":"2023-12-18T15:42:13","slug":"blackrock-to-invest-up-to-400m-in-uaes-decarbonisation-company-positive-zero","status":"publish","type":"post","link":"https:\/\/ksanewsroom.com\/en\/blackrock-to-invest-up-to-400m-in-uaes-decarbonisation-company-positive-zero\/","title":{"rendered":"BlackRock to invest up to $400m in UAE\u2019s decarbonisation company Positive Zero"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<p class=\"default__StyledText-sc-1jtxuc8-1 jQghZF body-paragraph\"><a href=\"https:\/\/www.thenationalnews.com\/climate\/cop28\/2023\/12\/04\/private-sector-needs-to-step-up-to-fund-climate-transition-cop28-hears\/\" target=\"_blank\" rel=\"noopener\">BlackRock<\/a>, the world\u2019s largest asset manager, will invest up to $400 million in Dubai-based decarbonisation company Positive Zero through a diversified infrastructure fund.<\/p>\n<p class=\"default__StyledText-sc-1jtxuc8-1 jQghZF body-paragraph\"><a href=\"https:\/\/www.thenationalnews.com\/climate\/cop28\/2023\/12\/02\/fifty-oil-and-gas-companies-make-pledges-on-methane-and-carbon-dioxide-at-cop28\/\" target=\"_blank\" rel=\"noopener\">The investment <\/a>will support Positive Zero\u2019s goal to grow sustainable energy adoption across the GCC, in line with efforts to reduce carbon emissions and limit global warming, the company said on Monday.<\/p>\n<p class=\"default__StyledText-sc-1jtxuc8-1 jQghZF body-paragraph\">The company was set up by <a href=\"https:\/\/www.thenationalnews.com\/business\/property\/2023\/12\/13\/abu-dhabis-mubadala-leads-1bn-investment-in-european-private-real-estate-credit\/\" target=\"_blank\" rel=\"noopener\">Creek Capital<\/a> last year through a merger of solar company SirajPower, energy efficiency services business Taka Solutions and on-demand battery company HYPR Energy.<\/p>\n<p class=\"default__StyledText-sc-1jtxuc8-1 jQghZF body-paragraph\">\u201cThis investment not only&#8230;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.thenationalnews.com\/business\/energy\/2023\/12\/18\/blackrock-to-invest-up-to-400m-in-uaes-decarbonisation-company-positive-zero\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock, the world\u2019s largest asset manager, will invest up to $400 million in Dubai-based decarbonisation company Positive Zero through a diversified infrastructure fund. The investment will support Positive Zero\u2019s goal to grow sustainable energy adoption across the GCC, in line with efforts to reduce carbon emissions and limit global warming, the company said on Monday. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[125,3],"tags":[],"class_list":{"0":"post-4420","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-energy","7":"category-energy-ar"},"_links":{"self":[{"href":"https:\/\/ksanewsroom.com\/en\/wp-json\/wp\/v2\/posts\/4420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksanewsroom.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksanewsroom.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksanewsroom.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ksanewsroom.com\/en\/wp-json\/wp\/v2\/comments?post=4420"}],"version-history":[{"count":0,"href":"https:\/\/ksanewsroom.com\/en\/wp-json\/wp\/v2\/posts\/4420\/revisions"}],"wp:attachment":[{"href":"https:\/\/ksanewsroom.com\/en\/wp-json\/wp\/v2\/media?parent=4420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksanewsroom.com\/en\/wp-json\/wp\/v2\/categories?post=4420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksanewsroom.com\/en\/wp-json\/wp\/v2\/tags?post=4420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}