Corporates could get double whammy by investing cash in renewable energy assets

Solvay US solar farm from Solvay flickr site 230x150
By Jon Hay
03 Jan 2019

Companies usually park their reserves of cash in staid, low-yielding liquid assets. But asset managers are trying to persuade them to invest some of that money differently, in a way that could help them live up to their environmental commitments.

The idea combines several aspects of the financial world that do not usually go together: corporate social responsibility; treasury management; and impact investing.

Companies could put money into a private equity fund that buys operating renewable energy generating plants from developers, or even builds new ones. They could ...

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