GIC to invest US$250M in EV battery-maker Clarios IPO
Singapore’s sovereign wealth fund GIC will invest US$250M in EV battery maker Clarios at the IPO price, the company said Tuesday.
ESG
GIC, Lime Rock New Energy invest in EV-charger installer Qmerit
GIC joined Lime Rock New Energy to invest in Qmerit, which provides installation services for EV charging stations.
GIC to buy ‘significant minority interest’ in Brazil’s Biotrop
GIC will acquire a “significant minority interest” in Brazil-based agricultural input maker Biotrop, a portfolio company of Aqua Capital.
Temasek and DCVC lead Pivot Bio’s US$430M series D funding round
Microbial nitrogen fertilizer company Pivot Bio closed a US$430M series D funding round led by DCVC and Temasek, the company said Monday.
Frasers Logistics Trust raises S$150M in first sustainability notes in SGD bond market
Frasers Logistics & Commercial Trust has priced S$150 million in seven-year sustainability notes at 2.18 percent.
Temasek-backed Next Gen Foods raises another US$20M in seed round
Temasek-backed Next Gen Foods, maker of the plant-based chicken brand TiNDLE, raised an additional US$20 million in a seed-round extension.
Temasek portfolio bounces back from pandemic year to record S$381B
Singapore’s Temasek reported Tuesday its net portfolio value climbed to a record S$381B for the fiscal year ended 31 March.
BlackRock’s Climate Finance Partnership raises US$250M from 10 investors at first close
BlackRock secured more than US$250M in commitments from 10 institutional investors, governments and philanthropies for the Climate Finance Partnership.