Elon Musk vs. Index Funds: Who Owns More Tesla Stock?

Credit to Author: Guest Contributor| Date: Tue, 28 Mar 2023 07:00:25 +0000

Elon Musk spent much of last year selling off Tesla stock, though he remains the company’s largest individual stakeholder. However, despite a disdain for index funds and passive investing, some of those firms now make up a large portion of Tesla’s shares. Musk now owns fewer Tesla shares than the market’s three largest index funds […]

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New Technologies, New Sites Supporting Growth of Energy Storage

Credit to Author: Darrell Proctor| Date: Wed, 01 Mar 2023 05:17:00 +0000

Advancements in energy storage, including new battery types and longer-duration batteries, are driving innovation in the sector. Retired power generation plants are being repurposed as storage sites, and the

The post New Technologies, New Sites Supporting Growth of Energy Storage appeared first on POWER Magazine.

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BlackRock-led Group Invests $525M Toward India Renewable Energy

Credit to Author: Darrell Proctor| Date: Mon, 18 Apr 2022 19:42:16 +0000

A group considered the world’s largest asset manager has joined with a United Arab Emirates (UAE) wealth management fund to support an investment in renewable energy development in India. A consortium led by New York-based BlackRock, along with UAE sovereign wealth fund Mubadala Investment Co., on April 14 said it would pay $525 million for […]

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World’s Best Performing Large Hedge Fund, TCI Fund Management, Is Demanding Better Sustainability Metrics

Credit to Author: Andrea Bertoli| Date: Wed, 29 Jan 2020 16:30:49 +0000

TCI Fund Management is the world’s best-performing large hedge fund, and it just made a big commitment to go green. Under Sir Christopher Hohn’s ‘radical’ move for the climate, things might be changing for the better

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BlackRock Has A New Attitude About Fossil Fuel Investing

Credit to Author: Steve Hanley| Date: Thu, 16 Jan 2020 03:25:20 +0000

BlackRock Home PageIn his annual letter to business leaders, the head of BlackRock, the world’s largest asset management firm, says sustainability and climate change will now be part of all investment decisions. Is this a watershed moment in the campaign to rid the world of the scourge of fossil fuels?

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