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BlackRock seeks $7bn for renewables fund

Richard Heap
June 8, 2023

BlackRock plans to raise up to $7bn for its fourth Global Renewable Power Fund, which is set to invest in wind, solar and storage projects.

The investment giant is looking to deploy the fund evenly between Europe, the Americas and Asia. Its previous global renewables fund achieved a $4.8bn close in April 2021.

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