Brookfield raises US$2.4 billion for Catalytic Transition Fund supported by anchor commitment from Altérra
Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) today announced an initial closing of US$2.4 billion for the Catalytic Transition Fund (“CTF” or “the Fund”), marking a significant milestone towards the target of raising up to US$5 billion for deployment towards clean energy
Brookfield raises US$2.4 billion for catalytic transition fund
Brookfield Asset Management has raised US$2.4 billion for its Catalytic Transition Fund (CTF), which aims to raise up to US$5 billion for deployment towards clean energy and transition assets in emerging markets.
Brookfield fund raises US$2.4 billion for clean energy investment
BROOKFIELD Asset Management (Brookfield) announced an initial closing of US$2.4 billion for its Catalytic Transition Fund (CTF) to drive clean energy and transition asset investments in emerging markets across the global south.
Brookfield’s $5bn Catalytic Transition Fund at halfway mark with CDPQ, GIC backing
Caisse de dépôt et placement du Québec (CDPQ), GIC, Prudential and Temasek are among new investors joining Brookfield’s Catalytic Transition Fund (CTF), which has already secured nearly half of its fundraising target of up to $5bn (€4.5bn) to invest in clean energy and transition assets in emerging markets.
Brookfield raises $2.4 billion for climate fund backed by UAE
Brookfield Asset Management said on Monday it has raised $2.4 billion for the Catalytic Transition Fund (CTF), which is backed by the United Arab Emirates and aims to scale up climate finance in emerging markets.
Brookfield Raises $2.4 billion for Catalytic Transition Fund Supported by Anchor Commitment from ALTÉRRA
Additional capital raised from CDPQ, GIC, Prudential and Temasek, among othersTargeting up to $5 billion, anchored by $1 billion catalytic
Brookfield Asset Management raises $2.4 billion for UAE-backed climate finance fund
The New York Stock Exchange-listed Brookfield Asset Management has raised $2.4 billion for a climate-finance-focused fund to invest in clean energy projects in emerging markets, reaching about half of the fund's $5 billion total capital target.
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UAE Renewable Energy Giant to Buy $1.4-Billion Firm From Brookfield
Masdar, a UAE renewable energy giant, is acquiring Saeta Yield from Brookfield for $1.4 billion, boosting its presence in the ...
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Brookfield raises US$2.4bn for clean energy fund targeting emerging markets
Brookfield pointed out that investments in emerging markets need to increase sixfold from current levels to meet the US$1.6tn ...
Report sets out three overlooked opportunities to fund net zero transition
Governments, regulators and global financial institutions are overlooking major opportunities to unlock the estimated US$9.2 ...
Brookfield Secures Backing for Emerging Markets Green Fund
The Toronto-based asset manager announced Monday the initial closing of $2.4 billion for the Catalytic Transition Fund with additional backing from Canadian pension manager Caisse de depot et ...
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The Brief: Abundance of startups, scarcity of exits at Climate Week NYC
Brookfield closed on $2.4 billion for its Catalytic Transition Fund for emerging markets. The fund, which launched with $1 ...