Swedish energy giant Vattenfall has issued a €500 million (£438 million) green bond - its first ever - offering investors the chance to “support the transformation of the energy system”.
The global energy transition could create financial benefits worth as much as US$160 trillion by 2050, the International Renewable Energy Agency (IRENA) has said.
Global energy technology giant ABB has acquired GE’s Industrial Solutions arm in a multi-billion-dollar deal designed to strengthen its grip on the worldwide electrification market.