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$1.7B raised for second long-life infrastructure fund targeting clean energy, transmission, and digital assets in high-growth regions. Nearly 50% deployed, including solar assets in India and electricity transmission deals in Brazil. Strong investor backing from global pension funds, sovereign wealth funds, insurers, and funds of funds. Actis has closed fundraising for its second Long Life Infrastructure Fund (ALLIF2), securing $1.7 billion in commitments. The fund focuses on brownfield infrastructure assets across fast-growing markets in Asia, Latin America, Central and Eastern Europe, the Middle East, and Africa. The strategy targets clean energy, electricity transmission, district cooling, toll roads, and digital infrastructure,…

Environmental group Friends of the Earth Netherlands (Milieudefensie) announced that it is preparing to launch a new climate case against Shell, and has sent a letter notifying the energy giant of its plans to launch legal proceedings demanding that the company stops drilling for new oil and gas fields and be given court-imposed CO2 emissions reduction targets. In a statement provided to ESG Today by Shell, the company acknowledged receiving the letter, but stated that the organization’s demands “will not advance the energy transition.” Shell added: “As the world continues to use oil and gas to heat homes and to…

India’s coal imports fell by 9.2% in the period April 2024 – February 2025 from a year earlier as domestic production rose by more than 5%, data from the Indian Ministry of Coal showed on Wednesday.Imports of all types of coal fell to 220.3 million tons in the 11 months to February 2025—the first 11 months of the Indian fiscal year ending March 2025.The lower coal imports saved India nearly $6.93 billion, according to the coal ministry.At the same time, India’s coal production increased by 5.45% during the period, to 929 million tons.India’s push to boost domestic coal production and reduce…

$1.4B green facility signals strong institutional confidence in STACK’s stabilized North American data center portfolio. Enhances STACK’s financial agility and balance sheet strength to support global growth and innovation. Marks over $21B raised to date, reinforcing STACK’s role as a leading hyperscale infrastructure provider. STACK Infrastructure has secured a $1.4 billion green financing facility backed by 10 fully stabilized, revenue-generating data centers across North America—a move that underscores capital providers’ growing confidence in the company’s long-term viability and market leadership. “This financing demonstrates STACK’s differentiated market position and our ability to attract scale capital across the development cycle,” said Heather…

Tallgrass said Tuesday it has signed anchor shipper precedent agreements for a planned Permian Basin pipeline that would carry up to 2.4 billion cubic feet of natural gas. The firm transport commitments “financially justify construction of the pipeline project, subject to customary regulatory and corporate conditions and approvals, with a target in-service date in late 2028”, the Kansas City-based energy transport infrastructure company said in an online statement. Tallgrass said it would launch an open season for more shippers to subscribe and for the company to determine the pipeline’s ultimate capacity. The pipeline is planned to pick up gas from…

London: OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider OPEC+ group this year and said it expected lower capital spending following a decline in oil prices.Supply from countries outside the Declaration of Cooperation – the formal name for OPEC+ – will rise by about 800,000 barrels per day in 2025, OPEC said in a monthly report, down from last month’s forecast of 900,000 bpd. Lower supply growth from outside OPEC+, which groups the Organization of the Petroleum Exporting Countries plus Russia and other allies, would make it…

TikTok has shaken up its US Content Advisory Council, adding new voices who support broad free-speech protections and have been critical of government pressure on online platforms.The eight-person council, formed in 2020, brings in independent experts on technology and safety to advise on TikTok’s policies around child protection, hate speech, misinformation, and bullying.The reshuffle added three new members, with two of them having libertarian or conservative backgrounds. The three members who left the council brought expertise in technology policy, tech ethics, and political communication. The change appears to have occurred in the last two months. According to the Wayback Machine,…

Renewable energy developer European Energy announced the start-up of the world’s first large-scale commercial e-methanol facility, with e-methanol now being supplied to offtakers including the LEGO Group, healthcare company Novo Nordisk and shipping giant A.P. Moller – Maersk for use as a replacement for fossil-based fuels and plastics. Founded in 2004, Denmark-based European Energy is a developer and operator of green energy solutions, including solar, onshore and offshore wind projects. Its new e-methanol facility, Kassø, in Aabenraa, Denmark, manufactures e-methanol with up to a 97% reduced carbon footprint compared to fossil-based products, by combining captured biogenic CO2 with green hydrogen…

President Donald Trump appears to prefer US oil prices between $40 and $50 a barrel, according to Goldman Sachs Group Inc., citing an in-house analysis of his social-media posts on the topic. Trump “has always been focused on oil and on US energy dominance, having posted nearly 900 times,” analysts including Daan Struyven said in a report. His “inferred preference for WTI appears to be around $40 to $50 a barrel, where his propensity to post about oil prices bottoms,” they said. Oil prices — both global crude benchmark Brent, as well as US counterpart West Texas Intermediate , or…

Denmark’s government has started weighing the opportunities and risks of lifting a 40-year-old ban on the use of nuclear energy, Minister of Climate and Energy Lars Aagaard said on Wednesday. Denmark banned the use of nuclear energy in 1985, after the Parliament voted to remove nuclear power from the country’s energy planning. The ban from March 1985 was enacted a year before the Chernobyl disaster of 1986. Now Denmark is considering the potential and risks of using advanced nuclear technology such as small modular reactors (SMRs), the energy minister said. “We observe that new nuclear technologies are emerging – small modular reactors. The…