Delta sets up ESG fund in clean energy sector

Delta Energia Administração de Recursos, manager of the Delta Energia group, plans to set up a fund of projects in the power industry that have good social, environmental and governance practices (known as ESG). The expectation is to raise about R$1 billion ($192 mm) with the launch, likely to aim at qualified investors. The initiative is part of the firm’s efforts to raise R$5 billion ($962 mm) in five years.

Source: Valor International