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Energy Transition
BlackRock Tells UK ‘No’ to Halting Investment in Coal, Oil and Gas
BlackRock, the world's biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was…
Energy Storage Battery
Blackrock Makes $700 Million Investment in Australian Battery Storage
Effective, large-scale storage systems are set to become increasingly important as renewable energy capacity expands.
Wind Farm
Vitol Acquires Wind Farms
Vitol has announced it has agreed to acquire three operating wind farms in Pennsylvania, US, totalling 244.4 MW from a fund managed by BlackRock, for an undiscl…
Carbon Emissions
BlackRock-Led Group Invests $525M Toward India Renewable Energy
A group considered the world’s largest asset manager has joined with a United Arab Emirates (UAE) wealth management fund to support an investment in renewable …
Natural Gas
Saudi Aramco, BlackRock Sign $15.5 billion Gas Pipeline Deal
Saudi Aramco said it has signed a $15.5 billion lease and leaseback deal for its gas pipeline network with a consortium led by BlackRock Real Assets and Hassana…
Solar Power Plant
SOLEK Teams up with BlackRock for up to 200 MW Solar Plants in Chile
Czech energy firm SOLEK has teamed up to with BlackRock investment group to cooperate on building solar plants in Chile with capacity of up to 200 megawatts.
Coal-Fired Power Plants
KEPCO Warned Over Coal Projects in Vietnam, Indonesia
BlackRock sought rationale from the South Korea utility for the investments.
BlackRock GEPIF Obtains Financial Close for $5.1bn
BlackRock’s Global Energy and Power Infrastructure Fund (GEPIF) has obtained a $5.1bn financial close for the Global Energy and Power Infrastructure Fund III (…
BlackRock:Climate Change Will Drive A "Fundamental Reshaping of Finance"
Concerns about climate change will drive a "fundamental reshaping of finance", one of the world's biggest money managers has said. Larry Fink, who runs BlackRoc…
Energy Investment
BlackRock Achieved $1bn Record for the Global Renewable Power III (GRP III) Fund
American investment company BlackRock has announced that is has achieved $1bn for the first close of its Global Renewable Power III (GRP III) fund. The company …
Solar Company
GE Renewable Energy Has Sold 80% Stake In Distributed Solar And Storage Unit
GE and BlackRock, the giant investment firm with trillions in assets under management, have agreed to build a new solar industry powerhouse. Called Distributed …
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