BlackRock To Make Massive Infrastructure Move To ‘Decarbonize The World’ And Reap Government Subsidies ...Middle East

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BlackRock To Make Massive Infrastructure Move To ‘Decarbonize The World’ And Reap Government Subsidies
BlackRock on Friday reached an agreement to acquire Global Infrastructure Partners for $12.5 billion, a move aimed at advancing the investment giant’s climate objectives and capitalizing on government subsidies, according to statements and reports. BlackRock is the world’s largest asset manager and is a proponent of environmental, social and corporate governance (ESG) investing. Both companies share a commitment to decarbonization and BlackRock sees the deal’s timing as opportune, as governments have offered businesses rare financial incentives to build infrastructure, including for green energy projects, according to a press release. (RELATED: Meet The Investors And Activists Fighting To

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