Australia raises $4.7 billion in three times over-subscribed bond
Australia released an inaugural $4.7 billion green bond, which was over-subscribed more than three times, with bids exceeding A$22 billion ($14.6 billion). Renewables Now
CalPERS seeks co-investors for $100 billion climate investment
The California Public Employees Retirement System (CalPERS) is seeking co-investment partners to help fulfill its $100 billion climate solutions investment pledge by 2030. The system has already approved $600 million in climate solutions co-investments between March 2023 and March 2024. New Private Markets
EB capital and Saudi Arabia discuss $600 million climate and energy fund
EB Capital Gestao de Recursos Ltda is in talks with Saudi Arabian investors to launch a $600 million fund targeting the Brazilian climate and energy sectors. The fund is expected to launch in Q3 of 2024, with 50% of the funding to be raised in Saudi Arabia. Zawya
Foresight raises €300 million for transition-focused fund
Foresight Group has held a first close of $326 million for its second energy transition-focused fund, Foresight Energy Infrastructure Partners II. The closure was anchored by a ‘cornerstone commitment’ from the Border to Coast Pensions Partnership, plus another unnamed investor. Environmental Finance
Bezos Earth Fund grants $30 million for NC State sustainable protein lab
The Bezos Earth Fund has awarded NC State $30 million to launch the Bezos Center for Sustainable Protein, part of a $100 million alternative protein investment across multiple universities. Eurekalert