In Short : Given Morgan Stanley’s expectation of India investing $550 billion in the energy sector, certain energy stocks may become noteworthy. Investors may want to keep an eye on companies involved in renewable energy, traditional energy sources, and related infrastructure. Key sectors to monitor could include solar and wind energy, power transmission, and utilities, […]
New Energy To Pivot RIL Into Global Alternative Technology Supplier: Morgan Stanley – EQ Mag Pro
Reliance Industries Ltd.’s plan to provide solutions related to hydrogen, solar PV and grid batteries is “unique” and could allow it to stand out as “one of the most integrated infrastructure providers”, not just in India but globally, according to Morgan Stanley. “We expect silicon and hydrogen to emerge as the next decade’s ‘new oil’ […]
Morgan Stanley Hires Citi to Find a Buyer For Its 83% Stake in CGE
Continuum, which has 807.4 megawatts (MW) of operational wind and solar assets, also has 1.07 gigawatts (GW) capacity under various stages of development. S investment bank Morgan Stanley has hired Citibank to find a buyer for its majority stake in clean energy firm Continuum Green Energy (India) Pvt. Ltd, two people aware of the matter […]
Morgan Stanley Alum Atwan Eyes $600 Million for New Firm VC Fuel
Ahmad Atwan, a former Morgan Stanley managing director, has founded VC Fuel to make wagers on clean energy and infrastructure. Houston-based VC Fuel will bet on companies that help drive the transition to lower-carbon energy, such as renewable fuels, hydrogen, electric vehicles, carbon capture and storage, clean agriculture and sustainable manufacturing, among other areas. It’ll […]
Morgan Stanley aims to support $750 bln in low-carbon investments by 2030
Morgan Stanley MS.N said on Tuesday it would seek to encourage an additional $750 billion worth of spending on low-carbon solutions by 2030 under a scheme which two years ago targeted $250 billion in investment. As part of the commitment, the bank said it would escalate activities such as green-bond financing and financing companies that […]
Continuum Wind Energy to raise $560 m in green bond sale
Morgan Stanley-controlled Continuum Wind Energy is in international markets with a USD 560-million dollar-denominated green bond issue, according to two merchant banking sources. The city-based green energy player that began operations in June 2009 has grown through a string of acquisitions of wind and solar assets, and currently has a portfolio of about 2 gw, […]
Morgan Stanley fund offer for PNE too low: shareholders group SdK
FRANKFURT: Morgan Stanley Infrastructure Partners’ (MS.N) offer for PNE (PNEGn.DE) which values the German renewable firm at 306 million euros ($337 million) is too low, small shareholders group SdK said on Tuesday. The 4.00 euro per share bid runs until Nov. 28 and will succeed if more than 50% of shareholders tender their stock. Morgan […]
Morgan Stanley Says These Firms Will Profit From Climate Change
The world needs to spend $50 trillion on five areas of technology by 2050 to slash emissions and meet the Paris Agreement’s goal of curbing global warming, Morgan Stanley analysts wrote in a report. To reduce net emissions of carbon to zero, the world would have to eradicate the equivalent of 53.5 billion metric tons […]
Adani Green Energy bonds subscribed three times
The instruments would mature in five and a half years. Mumbai: Renewable power company Adani Green EnergyNSE -2.91 % raised $500 million in an overseas debt sale for which the company obtained subscriptions about three times more than bonds on offer. Eastspring, Harvest, Manulife, Payden, Lazard Masfi, and Morgan Stanley were among the investors that […]
CLP may buy Morgan Stanley’s wind assets
Continuum’s 700MW wind assets among largest portfolios on sale The company, which manages over $4 billion globally, had invested $212 million in Singapore-based Continuum Wind in 2012 MUMBAI: CLP India, one of the largest foreign investors in India’s power sector, is in talks to acquire Morgan Stanley Infrastructure Partners-owned wind energy platform Continuum Wind Energy, two people aware of the development said. The company, […]