Market Chatter: Chevron's Technology Ventures Unit Launches $500 Million Fund for Clean Energy Technology-March 2024-www.financetom.com

Market Chatter: Chevron's Technology Ventures Unit Launches $500 Million Fund for Clean Energy Technology

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Market Chatter: Chevron's Technology Ventures Unit Launches $500 Million Fund for Clean Energy Technology

Apr 16, 2024 6:45 AM

09:29 AM EDT, 04/16/2024 (MT Newswires) -- Chevron's ( CVX ) Chevron Technology Ventures arm has launched a $500 million fund to invest in clean energy technologies, Bloomberg reported Tuesday, citing the company.

The Future Energy Fund III will build on the investments in clean technology by its two preceding funds, the report added, citing the venture unit.

Neither Chevron ( CVX ) nor Chevron Technology Ventures immediately responded to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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