BlackRock Renewables Fund Hits USD 1bn In 1st Close
The title of this post, is the same as that of this article on Renewables Now.
Wikipedia says this about BlackRock.
BlackRock is one of the world’s largest asset managers with $6.84 trillion in assets under management as of August 2019.
The company has been very successful over the years and although there have been controversies about their investments in fossil fuels, their move into renewables and energy storage must be significant.
If you are managing money for organisations like pension funds and insurance companies, you must be prudent, as otherwise little pensioners and the insured won’t get paid.
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