Britain’s CDC Group invests $70 million in first dedicated climate finance fund

Britain’s CDC Group invests $70 million in first dedicated climate finance fund

Oct 2021 Corporate

The CDC Group has invested in the Green Growth Equity Fund, the country’s first dedicated climate change fund.

The CDC Group, Britain’s official development finance institution and impact investor, has invested $70 million into the Green Growth Equity Fund (GGEF), the country’s first dedicated climate change fund.

The fund is managed by EverSource Capital, a joint venture between the private equity fund Everstone Group and Lightsource BP, British Petroleum’s renewable energy platform.

https://www.thehindu.com/business/Industry/britains-cdc-group-invests-70-million-in-first-dedicated-climate-finance-fund/article37125368.ece