New Zealand Works With BlackRock in Pursuit of 100% Green Power
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New Zealand’s government has partnered with US investment firm BlackRock Inc to supercharge its efforts to become one of the first countries in the world to reach 100% renewable electricity.
The government and BlackRock have announced a NZ$2 billion ($1.2 billion) fund that will provide access to greater pools of capital for New Zealand businesses to accelerate investment in green energy such as solar, wind, green hydrogen and battery storage.