Digital platform targets Gulf green energy deal-making
- Date: 18-Dec-2023
- Source: AGBI
- Sector:Technology
- Country:UAE
Digital platform targets Gulf green energy deal-making
A new digital platform aims to facilitate deal-making between institutional investors and deal sponsors as Gulf states ramp up investment in green energy projects both at home and abroad. “When executives announce a pledge of X billion investment, and then start thinking, ‘Okay, how do we actually put that to work?’, they can go onto […]
‘Catalytic Investment Exchange’
Connects investors and projects
Aims for global scope
A new digital platform aims to facilitate deal-making between institutional investors and deal sponsors as Gulf states ramp up investment in green energy projects both at home and abroad.
“When executives announce a pledge of X billion investment, and then start thinking, ‘Okay, how do we actually put that to work?’, they can go onto our platform and find a bunch of deals that might be of interest to them,” Rich Nuzum, global chief investments strategist at the US consulting firm Mercer told AGBI at the Cop28 summit in Dubai last week.
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Mercer launched the platform, known as the Catalytic Investment Exchange, in August this year with a focus on deals covering green infrastructure, green and clean technology,