Louisiana Light • 2 days | 90.66 | -1.96 | -2.12% | |||
Bonny Light • 22 hours | 94.49 | +0.54 | +0.57% | |||
Opec Basket • 2 days | 94.99 | -1.36 | -1.41% | |||
Mars US • 5 hours | 87.38 | +0.41 | +0.47% | |||
Gasoline • 20 mins | 2.326 | -0.034 | -1.46% |
Bonny Light • 22 hours | 94.49 | +0.54 | +0.57% | |||
Girassol • 22 hours | 95.40 | +0.27 | +0.28% | |||
Opec Basket • 2 days | 94.99 | -1.36 | -1.41% |
Peace Sour • 21 hours | 83.32 | -1.97 | -2.31% | |||
Light Sour Blend • 21 hours | 83.82 | -1.97 | -2.30% | |||
Syncrude Sweet Premium • 21 hours | 92.42 | -1.97 | -2.09% | |||
Central Alberta • 21 hours | 81.62 | -1.97 | -2.36% |
Eagle Ford • 2 days | 85.30 | -1.97 | -2.26% | |||
Oklahoma Sweet • 2 days | 85.25 | -2.00 | -2.29% | |||
Kansas Common • 7 days | 84.00 | +3.25 | +4.02% | |||
Buena Vista • 7 days | 98.88 | +2.54 | +2.64% |
Crude oil and short-term cashlike…
The wind energy industry is…
The private equity firm Terra Firma has joined with the Chinese Development Bank to create a multi-billion dollar renewable energy investment fund. They will start “raising between $3 and $5 billion in the next few months, with China Development Bank to put an as-yet-undefined amount into the fund.”
The move into renewable energy is not new for Terra Firma who already own; Infinis, which collects landfill gas; EverPower, a US wind farm operator; and Rete Rinnovabile, Italy’s leading solar power generator.
Despite the cuts that some governments have made to their renewable energy subsidy schemes, Terra Firm clearly remain confident that the renewable energy sector is going to continue to grow.
Renewable Energy: Deal with the "Devil", Invest in Iranian Renewable Energy
A report from the UN Environment Programme said that the “cuts have not much dented the investment picture overall and global spending on renewable energy reached $257 billion in 2011.”
China Development Bank will focus on attracting investors from China, while Terra Firma will focus on the US and Europe.
By. Joao Peixe of Oilprice.com
The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.
Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.
Trading and investing carries a high risk of losing money rapidly due to leverage. Individuals should consider whether they can afford the risks associated to trading.
74-89% of retail investor accounts lose money. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets.
Merchant of Record: A Media Solutions trading as Oilprice.com