BlackRock yet to make investments from NZ climate fund

BlackRock yet to make investments from NZ climate fund
BlackRock has appointed a managing director for its NZ climate infrastructure initiative. (Image: Getty)
Oliver Lewis
Global investment manager BlackRock has yet to make any investments via its dedicated New Zealand climate fund, which was announced with significant fanfare by former prime minister Chris Hipkins last August.At the launch, Hipkins described the country-specific fund as the first of its kind and explicitly linked it to efforts by the government to transition NZ to 100% renewably generated electricity – a goal the former Labour administration ambitiously stated it wanted to achieve by 2030.“This is a game changer for the clean tech se...

More Finance

FNZ extends controversial catch-up offer
Finance

FNZ extends controversial catch-up offer

Fintech FNZ has extended its deadline for “catch-up” equity offers, as employee shareholders say discontent grows.In March, the global fintech offered its class B shareholders a “catch-up” offer after it revealed their holdings could be massively diluted following its August capi...

Victoria Young 16 Apr 2025
The cost of over-regulated banking: $10b to $14.4b a year
Finance

The cost of over-regulated banking: $10b to $14.4b a year

Critics claim a huge annual cost from 30 years of regulatory creep.

Pattrick Smellie 16 Apr 2025
Blackbull backs Eden Bradfield into Elevation funds
Finance

Blackbull backs Eden Bradfield into Elevation funds

The Christopher Swasbrook-established fund gets new investors and portfolio manager.

Govt eagle-eyed on ComCom interchange fees decision
Finance

Govt eagle-eyed on ComCom interchange fees decision

Open banking depends on sustainable interchange fees, Minister Scott Simpson says.

Pattrick Smellie 11 Apr 2025