Articles by sibi – MediaEye News

Sibi Sathyan

Articles by Sibi Sathyan

Asset Management Firm Raises $10 Billion and Boosts a Net-Zero Economy

Brookfield Asset Management raised $10 billion in the initial close of its second global private equity fund, the Brookfield Global Transition Fund (BGTF II), which targets investments that will accelerate the shift to a net-zero economy. This milestone reflects an essential move towards the fund, which began trading last year and is on track to

Sri Lanka Evaluating Adani Group’s Wind Projects

The impoverished island nation is currently examining the projects due to pricing and efficiency disagreements. The country wants to increase green energy to lessen dependency on costly imports. Faced with chronic power outages and fuel shortages, Sri Lanka hopes to make headway on two postponed wind energy projects with India’s Adani Green Energy within the

NHAI proposes to raise funding for its first-ever green bonds

The organisation has begun recruiting advisors and arrangers and has requested proposals for this assignment. DME Development, a wholly-owned subsidiary of the state-run National Highways Authority of India (NHAI), will issue its first green bonds, according to international news agency Reuters, quoting details provided by three bankers. The corporation has begun recruiting consultants and arrangers

ADB has issued the largest Green Masala Bonds

ADB’s largest bond is structured as a 4-year currency-linked instrument with a one-time repayment at maturity and a fixed annual interest rate of 6.72%. The Asian Development Bank reported successfully selling its largest Indian currency green bond, which raised Rs 1,250 crore (about USD 150 million). According to the ADB’s official announcement, the bond is

End of an Era: The US State of California is set to bid Goodbye to Crude Oil

Leading US oil producers Exxon Mobil and Chevron, in their forthcoming Q4 reports, will declare a $5 billion devaluation of their California assets. The American state of California is ending its more than a century-long relationship with crude oil as part of its initiative to combat climate change. Exxon Mobil and Chevron, the two largest

State Owned REC Raises Rs 3,500 Crore through Yen-Denominated Green Bonds

REC’s bond issue is the largest ever Euro-Yen issuance in South and South East Asia, largest Yen-denominated issuance from India, and largest non-sovereign Yen-denominated issuance ever from South and South East Asia India Government-owned company, REC Ltd, successfully raised ¥61.1 billion, equivalent to around Rs 3,500 crore through the issuance of green bonds denominated in Japanese

Green Tech, ESG and Sustainability Requirements to Shape Credit Outlook in 2024: Moody’s

Moody’s identified six key trends – Green Technology and Disruptive Innovation, Complex ESG Policy Landscape, Rising Physical Climate Risks, Climate Finance Gap in Emerging Markets, Focus on Environmental Degradation and Reshaping the Future of Work – will shape credit strength in 2024

Aster Healthcare Aims to Cut 2000 Tonnes of Carbon Emissions in GCC and India

The company is focusing on reducing its carbon footprint by targeting a 2,000-ton cut in carbon emissions in the GCC and India and also aim to slash paper usage by two-thirds and plant 3,500 trees in these regions

COP28: A Beacon of Hope for a Sustainable Future

As the largest COP in history concluded in Dubai, the conference agreed on some of the landmark decisions such as transition away from fossil fuels, loss and damage and cutting down methane emissions

India’s Green Credit Policy: Preserve Environment and Prosper Your Pocket

The Indian Government’s newly introduced Green Credit policy offers individuals and companies the opportunity to earn money by preserving nature. This policy has the potential to support climate actions nationwide while simultaneously contributing to the enhancement of agriculture and the safeguarding of other valuable natural resources. The policy encourages people and companies to participate in