{"id":80705,"date":"2023-11-20T00:00:00","date_gmt":"2023-11-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/11\/20\/fortescue-launches-new-green-energy-accelerator-platform-in-new-york\/"},"modified":"2023-11-20T00:00:00","modified_gmt":"2023-11-20T00:00:00","slug":"fortescue-launches-new-green-energy-accelerator-platform-in-new-york","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/11\/20\/fortescue-launches-new-green-energy-accelerator-platform-in-new-york\/","title":{"rendered":"Fortescue launches new green energy accelerator platform in New York"},"content":{"rendered":"

Fortescue launches new green investment platform: <\/strong>Australian mining company Fortescue has launched a New York-based green energy accelerator platform Fortescue Capital which is tasked with boosting the company\u2019s returns for shareholders, the company said in an ASX disclosure (pdf)<\/a> on Thursday. The platform is an \u201cintegral next step in Fortescue\u2019s commitment to deliver green energy projects and decarbonisation investments,\u201d the disclosure noted, without clarifying how the platform aims to deliver higher returns on the company\u2019s green projects. Fortescue Capital will also work on bringing additional equity investors on board. <\/p>\n

Fortescue has projects in the region:<\/strong> The Sovereign Fund of Egypt (SFE) signed an MoU with Fortescue to begin conducting feasibility studies on its planned USD 10 bn 9.2 GW green hydrogen project<\/a> last year. It was also among the investors in the series C financing round for Oman's Electric Hydrogen<\/a>, raising USD 380 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"

The green energy accelerator will boost returns for shareholders<\/p>\n","protected":false},"author":1,"featured_media":80706,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[71],"tags":[70,11,401],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-80705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-the-world","tag-around-the-world","tag-enterpriseclimate","tag-fortescue","wpautop","entry"],"acf":{"mongo_id":"f96af7d4-6ee7-47f3-b896-cc2f0ccc140a","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/10\/2135.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Fortescue launches new green energy accelerator platform in New York","related_issue":[80687],"teaser":"The green energy accelerator will boost returns for shareholders","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.b774efc8-c03b-4044-b1d2-40302ffa49bb.mp3"},"yoast_head":"\nFortescue launches new green energy accelerator platform in New York - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/20\/fortescue-launches-new-green-energy-accelerator-platform-in-new-york\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fortescue launches new green energy accelerator platform in New York\" \/>\n<meta property=\"og:description\" content=\"The green energy accelerator will boost returns for shareholders\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2023\/11\/20\/fortescue-launches-new-green-energy-accelerator-platform-in-new-york\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-20T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/2135.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/11\/20\/fortescue-launches-new-green-energy-accelerator-platform-in-new-york\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/11\/20\/fortescue-launches-new-green-energy-accelerator-platform-in-new-york\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Fortescue launches new green energy accelerator platform in New York\",\"datePublished\":\"2023-11-20T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/11\/20\/fortescue-launches-new-green-energy-accelerator-platform-in-new-york\/\"},\"wordCount\":155,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/11\/20\/fortescue-launches-new-green-energy-accelerator-platform-in-new-york\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/2135.jpg?fit=%2C&ssl=1\",\"keywords\":[\"AROUND THE WORLD\",\"EnterpriseClimate\",\"Fortescue\"],\"articleSection\":[\"AROUND THE WORLD\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/11\/20\/fortescue-launches-new-green-energy-accelerator-platform-in-new-york\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2023\/11\/20\/fortescue-launches-new-green-energy-accelerator-platform-in-new-york\/\",\"name\":\"Fortescue launches new green energy accelerator platform in New York - 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