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General

Apple unveils USD 300 mln China Clean Energy Fund

Friday 13 July 2018 | 09:24 CET | News
Apple has announced a new investment fund in China to connect suppliers with renewable energy sources. A total of 10 initial suppliers and Apple will jointly invest nearly USD 300 million over the next four years into the China Clean Energy Fund, which aims to invest in and develop clean energy projects totaling more than 1 gigawatt of renewable energy in China, the equivalent of powering nearly 1 million homes. The fund will be managed through a third party, DWS Group, which specialises in sustainable investments and will also invest in the fund.

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Categories: General
Companies: Apple
Countries: China
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