Citi announces on BusinessWire that they have partnered with Breakthrough Energy Catalyst to accelerate the clean energy transition with a $100 million commitment.
- Citi is partnering with Breakthrough Energy Catalyst to help accelerate the clean energy transition.
- Funding from Citi will focus on the development of direct air capture, green hydrogen, long-duration energy storage, and sustainable aviation fuel projects.
- The private sector is best equipped to lead the way to a cleaner energy future.
“This commitment to Catalyst brings the Citi Impact Fund’s total resources to $250 million and represents the Fund’s first major investment in a sustainability-focused fund, enabling Citi to continue making equity investments in ‘double bottom-line’ companies focused on clean energy solutions. These efforts will also support Citi’s $1 trillion commitment to sustainable finance by 2030.”
Read the full announcement here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
