9 November 2022 11:44
Health worker industry super fund HESTA has signed a term sheet with ReNu Energy and Countrywide Hydrogen to commit up to $100 million for the development of green hydrogen projects.
The term sheet is a non-binding, strategic framework intended to be converted into definitive arrangements.
HESTA has more than 950,000 members (over 80 per cent are women) and manages over $68 billion in assets invested around the world.
ReNu Energy acquired Countrywide in February this year.
Countrywide Hydrogen, funds, HESTA, hydrogen, ReNu Energy, term sheet
Despite geopolitical turbulence, markets are avoiding short-term turmoil and reacting to the underlying fundamentals showing the strength of major economies, a pair of AMP investment executives told the Professional Planner Managed Accounts Decoded podcast.
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