Pattrick Smellie: BusinessDesk managing editor on BlackRock launching a $2 billon dollar fund to support renewable energy in NZ
The Government and BlackRock have joined forces to create a climate infrastructure fund to support 100 percent renewable electricity generation.
The fund is designed to provide access to greater pools of capital for New Zealand, create jobs, and accelerate green energy options, including solar, wind, and hydrogen.
BusinessDesk managing editor Pattrick Smellie says BlackRock are essentially offering the nation a broking service where all sides will get good PR.
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