JUST CLIMATE ANNOUNCES CLOSE OF INAUGURAL $1.5 BILLION INDUSTRIAL CLIMATE SOLUTIONS FUND
LONDON, June 8, 2023 /PRNewswire/ -- Just Climate, an investment business established by Generation Investment Management to address the net-zero challenge at scale, has today announced the closing of its inaugural fund, Climate Assets Fund I (the "Fund").
- LONDON, June 8, 2023 /PRNewswire/ -- Just Climate, an investment business established by Generation Investment Management to address the net-zero challenge at scale, has today announced the closing of its inaugural fund, Climate Assets Fund I (the "Fund").
- The Fund exceeded its $1 billion target, raising $1.5 billion in institutional capital to invest in the highest impact solutions that can radically reduce or remove emissions, while generating attractive risk-adjusted financial returns.
- Just Climate has made three investments from the Fund to date, in:
ABB E-mobility - a Swiss-based global leader in electric vehicle (EV) charging solutions. - With this approach, Just Climate is demonstrating its conviction that climate solutions for the hard-to-abate industries are capable of delivering attractive risk-adjusted returns and highest climate impact.