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Fund launched to back net zero transition in emerging markets

Brookfield Asset Management (Brookfield) and ALTERRA Management on Thursday announced the setting up of a fund to support companies’ transition to a net-zero entity in emerging markets including India. Brookfield has opened the fundraising for the Catalytic Transition Fund (CTF) with anchor

HUL to partner Brookfield for Green Energy to meet Net Zero commitment

The solar project will be developed at the site of Brookfield’s solar park, part of the Brookfield Global Transition Fund. The initiative will utilize group captive models for renewable energy procurement

hul: HUL to partner Brookfield for Green Energy to meet Net Zero commitment

Hindustan Unilever Limited (HUL) joins forces with Brookfield to establish a 45 MW solar energy park in Rajasthan, a move aligning with HUL s net-zero journey. HUL s board greenlights an equity investment in a Brookfield-owned Special Purpose Vehicle (SPV), fostering renewable energy under India s captive renewable energy scheme. Aligned with India s COP26 pledge, this project aids HUL s emission reduction goals and expands to suppliers, contributing to environmental sustainability. The partnership aims to supply green energy to HUL and its suppliers, supporting decarbonization objectives in India.

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