06:33 AM EST, 11/26/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) is pursuing deals to finance early closings of a number of coal power plants, Bloomberg reported Tuesday, citing an interview with Andre Abadie, managing director of JPMorgan's ( JPM ) Centre for Carbon Transition.

Bloomberg cited Abadie as saying the bank is currently examining a number of such projects.

Abadie said JPMorgan ( JPM ) has adjusted its climate policies to financing the early retirement of coal plants.

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