Find more information on the issues deeply affected by private equity investments:
Biden decision signals decline of LNG, increased risk for investors with exposure to fossil fuels Financial watchdog PESP encourages investors to avoid financial risks of their energy investments Statement from Nichole Heil, climate campaigner and researcher at the…
South Texas Communities and PESP escalate opposition to Rio Grande LNG terminal at Oregon Investment Council meeting OIC faces scrutiny for $350 million Investment in the controversial LNG project Building on recent efforts, South Texas communities,…
In November, South Texas community activists and tribal groups directly affected by the proposed Rio Grande Liquified Natural Gas (LNG) Terminal addressed the Washington State Investment Board (WSIB), demanding the state pension fund seek to halt the polluting LNG project. Despite…
PESP urges BlackRock to halt Rio Grande to prevent significant community and environmental risks Today, BlackRock, which manages a portfolio of $10 trillion, announced a deal to buy private equity firm Global Infrastructure Partners (GIP) for…
Global Infrastructure Partners newest fund (Fund V) is an investor in the proposed Rio Grande LNG Terminal through its $3.5 billion investment. This investment resulted in Global Infrastructure Partners’ at least 46% ownership stake in the proposed LNG terminal– the…
The Carlyle Group’s two-year fundraising journey for its flagship buyout fund, Carlyle Partners VIII, closed in August raising an abysmal 54 percent of its $27 billion goal and overall 20 percent less than what the firm raised for…
On December 5, Private Equity Climate Risks released a new report, “Brookfield’s Climate Paradox: Climate Pledges vs. Fossil Fuel Reality.”. The report exposed Brookfield’s fossil fuel investments and emissions and found that the firm’s current investments in fossil…
In The Atlantic piece, “The Secretive Industry Devouring the U.S. Economy,” author Rogé Karma examines how private equity has taken one-fifth of formally publicly-traded companies off the market and effectively hidden them from investors, the media, and regulators.
The Environmental Business Journal interviewed PESP’s Nichole Heil on various projects PESP has worked on in the climate industry, including the Private Equity Climate Risks 2022 Scorecard & Report. Nichole discussed key PESP findings which included that PE firms…
Brookfield’s Climate Paradox Climate Pledges vs. Fossil Fuel Reality December 2023 report Private equity giant Brookfield Corporation’s vast fossil fuel investments undermine its stated commitment to tackle climate change. With over $850 billion in assets under management—and despite a declared goal…
Report exposes Brookfield’s fossil fuel investments and emissions reality Facts do not square with promises touted by former central banker and net-zero advocate Mark Carney Private equity giant Brookfield Corporation’s vast fossil fuel investments undermine its stated commitment to tackle…
A Progressive Magazine story, “Private Equity’s Green Façade Is Being Funded by Your Pension,” by James Baratta and Ryan Bieber examines how municipalities are facing a double-edged sword when it comes to the decarbonization movement…
