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Market Chatter: Microsoft Joins Climate Coalition to Help Fund $9 Billion in Renewable Energy Projects
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Market Chatter: Microsoft Joins Climate Coalition to Help Fund $9 Billion in Renewable Energy Projects
Dec 11, 2024 5:22 AM

08:00 AM EST, 12/11/2024 (MT Newswires) -- Microsoft ( MSFT ) is part of a group with Acadia Infrastructure Capital and other companies looking to help develop a $9 billion pipeline of renewable energy projects across the US, Reuters reported Wednesday, citing the project lead.

The Climate and Communities Investment Coalition will have Microsoft ( MSFT ) as an anchor member and its recent first deal secured financing for Matrix Renewables' 210 megawatt solar project, backed by Microsoft ( MSFT ), the report said.

Microsoft ( MSFT ) did not immediately respond 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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