Monday
December 18
2023

BlackRock Agrees to Invest $400 Million in Dubai Decarbonization Firm Positive Zero

BlackRock has agreed to invest up to $400 million in Dubai-based decarbonization company Positive Zero through a diversified infrastructure fund, Positive Zero said in a statement on Monday.

The investment will help Positive Zero, a decentralized decarbonization infrastructure business, with its goal of boosting energy transition projects in Gulf countries, it said.

Source: Alarabiya News (link opens in a new window)

Categories
Investing
Tags
climate change, decarbonization, renewable energy