International
ArcelorMittal Commits to Carbon-Neutral Steelmaking by 2050
The global steel industry emits the equivalent to the emissions from 569 coal plants every year.
Zayo Group Holdings to Sell Data Center Subsidiary
DataBank has agreed to acquire the company’s zColo assets situated in more than 20 markets.
First Close of GLP’s European Logistics Fund Yields $1.3B
The global investment manager’s second pan-European investment vehicle attracted equity commitments from both new and repeat participants.
Walmart Joins Ranks of Regenerative Companies
In addition to the net-zero carbon goal, the company committed to helping protect, manage or restore at least 50 million acres of land and 1 million square miles of ocean by 2030.
PepsiCo Sets Out Green Plans
The firm’s transition to clean-sourced energy will eliminate 2.5 million metric tons of greenhouse gas emissions by 2040.
Actis JV to Develop $315M Seoul Data Center
Plans call for an eight-story facility, which is expected to provide 21 MW of critical power.
CPE’s Coronavirus Coverage
Check out our latest news updates, features and expert advice on the coronavirus outbreak and its effects on commercial real estate.
Morgan Stanley Advances Sustainability Commitments
The financial entity aims to reach net-zero financed emissions by 2050, joining many of its clients in this strategic goal.
Blackstone Closes Record $8B Credit Fund
Blackstone Real Estate Debt Strategies IV, which will lend flexible capital around the world, launched in 2019, three years after the predecessor fund closed with $4.8 billion in commitments.
BP, Microsoft Team Up on Green Energy
The two companies are joining forces in a wide-ranging partnership that encompasses sustainability and technology.