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GIC's India Strategy: Renewables and Public Equities

11th October, 2024

Singapore’s US$847 billion sovereign wealth fund GIC is reportedly planning to sell its shareholding in renewables producer Greenko for around US$5 billion, while also set to make a bid for a slice of Hyundai Motor India’s forthcoming US$3.3 billion IPO.

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CDPQ's September Surge into Energy Transition

24th September, 2024

CDPQ is heavily investing in decarbonization and clean energy with a slew of investments announced this month as it strives towards its target of a net zero portfolio by 2050.

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CDPQ, GIC and Temasek Join ADQ-Backed Altérra in Support of Brookfield's US$5bn CTF

23rd September, 2024

Singapore’s state-owned investors GIC and Temasek have joined Canadian public pension fund CDPQ and institutional investors to back Brookfield’s Catalytic Transition Fund (CTF), putting it nearly halfway to its US$5 billion fundraising target.

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CPP Continues Decarbonization Drive with Two Fresh Investments

13th August, 2024

Canada’s biggest public pension fund, the US$67 billion CPP Investments, has boosted its investment in sustainable energy with a US$843 million investment in Denver-based Tallgrass Energy, in partnership with Blackstone, as part of its ongoing decarbonization strategy.

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The Philippines New SWF has Grand Ambitions, but Needs Co-Investors and Foreign Capital

6th August, 2024

The Philippines’ sovereign wealth fund, the Maharlika Investment Corporation (MIC), is now firmly established and about to originate deals for the Maharlika Investment Fund (MIF) focusing on domestic infrastructure and impact investment.

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Bhutan's SWF Seeks Investment from Peers in Massive South Asian Hydroelectric Potential

5th August, 2024

The tiny Himalayan mountain kingdom of Bhutan is seeking to exploit some of its 33GW of hydroelectric potential to supply energy-hungry India by mobilizing its US$3.3 billion sovereign wealth fund, Druk Holding and Investments, to forge partnerships – and its peers are likely to be the most eager investors.

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PIF Stands as a Conduit for Sino-Arabian Ties

17th July, 2024

An agreement by three major Chinese green energy manufacturers to build production plants in Saudi Arabia is the latest episode in a good news story for Sino-Arabian economic relations, but the US's wariness of Saudi reliance on Chinese technological transfer could put Saudi Arabia’s Public Investment Fund (PIF) in a dilemma.

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PIF Looks to Lift Economic Diversification by Igniting Hydrogen Production

12th July, 2024

Saudi Arabia’s Public Investment Fund (PIF) is planning to bolster hydrogen production by turning a little known subsidiary, the Energy Solutions Company (ESC), into a national champion, adding to its large and growing suite of industrial subsidiaries that seek to diversify the Kingdom’s economy, according to MEED.

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State Investors Surge into Renewables in June - A Record Year for Green Investments?

26th June, 2024

The pace of investment in renewables by state-owned investors could breaking records this year as new opportunities arise at different stages of project delivery and Europe in particular shifts towards improved energy security.

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Japan: Cheap Yen, Inflation, Bull Market and Real Estate Entice SWFs

19th June, 2024

Sovereign wealth fund interest in Japan is modest compared to economies of a similar size and diversity, but this could all change with Asian and Middle Eastern funds showing increasing interest.

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Ireland's ISIF Pushes Green Agenda in the Emerald Isle

7th June, 2024

The Ireland Strategic Investment Fund (ISIF) has made a significant commitment to Ireland’s energy transition with a EUR125 million commitment to Foresight Energy Infrastructure Partners II (FEIP II), which will focus on renewable energy generation, energy storage solutions and grid infrastructure.

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British General Election Sees Parties Set Out Sovereign Wealth Fund Plans

6th June, 2024

Most political parties competing in the UK general election have pledged some form of sovereign wealth fund if they win power on June 4th, but like all manifesto commitments they are light on detail.

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