BlackRock to invest up to $400m in Dubai decarbonization firm Positive Zero

BlackRock to invest up to $400m in Dubai decarbonization firm Positive Zero

DUBAI: BlackRock has agreed to invest up to $400 million in Dubai-based decarbonization company Positive Zero through a diversified infrastructure fund, Positive Zero said in a statement on Monday according to Reuters.

The investment will help Positive Zero, a decentralized decarbonization infrastructure business, with its goal of boosting energy transition projects in Gulf countries, it said. BlackRock to invest up to $400m in Dubai decarbonization firm Positive Zero