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Equinor Lands $3 Billion Financing Package for New York Offshore Wind Project

ESG Today

The Empire Wind lease was awarded to Equinor in 2017, and in 2020, the company sold a 50% interest in the lease, alongside a 50% interest in the Beacon Wind lease offshore of Massachusetts. As we now enter full execution mode, we continue our efforts to increase robustness and value-creation in the project.

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TotalEnergies Acquires Renewable Energy Developer VSB for $1.7 Billion

ESG Today

Partners Group acquired VSB in 2020, and the firm said that VSB’s project pipeline has more than doubled, and EBIDTA has grown by five times, as the company has benefited from ongoing tailwinds including corporate decarbonization goals, regulatory support for clean energy, and an increased focus on energy independence.

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Wesco CEO John Engel on beating the odds with a merger of equals

McKinsey Sustainabilty

Since merging with Anixter in 2020, Wesco has integrated the best of both, delivered stellar performance, and strategically invested in big data to capture the next wave of value creation.

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Electric tractors, agribots and regenerative agriculture

GreenBiz

Thu, 12/17/2020 - 01:30. We are really looking at value creation from the customer perspective." . Electric tractors, agribots and regenerative agriculture. Heather Clancy. My focus is really to harness the energy of the entire organization. There’s a huge amount that is happening," she said. "We

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Can we finally standardize ESG standards?

GreenBiz

Investor demand: There were record inflows to ESG investment funds in 2020 and the total tops $40 trillion — larger than the entire U.S. And it’s likely that the incoming U.S. administration will introduce new ESG mandates as well. It outlines a series of universal metrics drawn from existing ESG standards.

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Why SPACs will be key to the sustainability revolution

GreenBiz

In just the first six weeks of 2021, SPACs raised $33 billion, more than was raised by all SPACs before 2020. Mission-driven investors are more likely to embrace long-term value creation rather than the prevailing short-termism of quarterly earnings. They can provide patient capital more readily than VCs.

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ESG is the private equity industry’s next frontier

Corporate Knights

and 4 percentage points a year, respectively, between 2002 and 2020. A 2020 INSEAD study called Green Shoots: Can Private Equity Firms Meet Responsible Expectations of Their Investors? Two years prior, in 2020, KKR announced an investment in Q-Park, a leading European parking garage operator. But where to find those signs?

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