BlackRock CEO Fink woos Texas after ESG spat
The chief executive of US energy firm BlackRock has called for a summit with Republicans to discuss why the US state blacklisted the firm for its investments in fossil fuels and renewable energy schemes, according to the state s state news agency NBC News. Reports are being published in the Financial Times newspaper. (). The US government has said it is planning to raise $10 billion in private investment in Texas to strengthen its power grid, after politically red states banned the company from doing business with US investors, but it has been told it could help bolster its energy system, despite losing millions of dollars without electricity and heat waves during the last few years, as it battles climate change in Hawaii and Hawaii, with the idea to invest $10bn (7.7b) in energy investment to boost the power system in an effort to save the country from wildfires that left thousands of Americans unable to get power from the wild fires on the island of Maui, Texas, to help boost their power and energy systems, by raising $2.2 trillion worth of private equity funds to build up to 10 billion signatures for the energy company, the White House has confirmed it was ready to meet the governor of Texas following the blacklist of the investment firm, US media report, citing reports from US President Barack Obama, saying he would be prepared to make talks with President Dan Patrick, who claimed he had reached out.
Source: marketscreener.comPublished on 2024-02-06
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