Blackstone backs Australia, US clean commodities platform
The Blackstone Group has led a USD 400m investment in Xpansiv, an Australia and US-based marketplace for trading clean commodities such as carbon offsets, renewable energy credits (RECs), and low-carbon fuels.
The commitment comes from Blackstone Energy Partners, the firm’s energy-focused private equity business. It is the latest of a string of thematic investments in energy transition and climate solutions...
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