BBVA Invests $200 Million in KKR’s Global Climate Strategy, Forming Strategic Partnership to Support Decarbonization

BBVA and KKR have formed a $200 million partnership to support the decarbonization of the economy, announced during Climate Week in New York. This collaboration aims to identify investment opportunities in climate infrastructure and sustainable energy, leveraging both firms’ expertise to advance electrification and clean technology. BBVA’s commitment to sustainability is reflected in its dedicated financing unit focused on cleantech innovation, while KKR brings extensive experience in renewable energy investments. Together, they aim to drive sustainable investment and contribute to a low-carbon future, highlighting the essential role of financial institutions in the global transition to net zero. Resources: https://esgnews.com/bbva-invests-200-million-in-kkrs-global-climate-strategy-forming-strategic-partnership-to-support-decarbonization/