Grangemouth refinery owner Ineos has agreed to work on a carbon capture and storage scheme with Storrega’s Acorn project Picture: Andrew Milligan/PA A carbon capture and storage pioneer that plans to complete landmark developments in Scotland has won a valuable vote of confidence from a pensions and investments giant. Storrega Geotechnologies has secured investment from M&G as the company prepares to enter a crucial stage in its development. Storrega is in the detailed design stage of work on the flagship Acorn project, which it hopes could provide a model for how carbon capture and storage technology could be used to help reduce emissions.
M&G invests in Storegga s CCS roll-out plan – Daily Business dailybusinessgroup.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailybusinessgroup.co.uk Daily Mail and Mail on Sunday newspapers.
Amundi –
Gert-Jan Verhagen has been named chief executive officer of Amundi in the Netherlands. Prior to his new appointment, he had been head of indexing, ETF and smart beta sales for Benelux at Amundi since 2015. Prior to that, he was head of BlackRock iShares in The Netherlands since 2012, and before that he was iShares ETF senior sales director since 2010.
Verhagen worked for Van Lanschot Bankiers between 2000 and 2010, where he was head of product management investments. He started his career in finance in 1995 as a management trainee at ABN AMRO Bank. After his traineeship, he fulfilled the function of private banker investment advice between 1996 and 2000.
M&G set to pour £5bn into sustainable private assets citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.