Man raises the roof with methane
Man Investments has raised $600 million for its China Methane Recovery Fund and unveils its new green unit, Man Environmental Capital Opportunities.
Alternative investment manager Man Investments has announced that its China Methane Recovery Fund has raised $600 million.
The plan is to extract coal bed methane gas from mines in the Shanxi Province of China and use it to generate electricity and produce carbon credits.
Simultaneously, Man Investments has announced the commencement of Man Environmental Capital Opportunities, which will look to invest in private equity projects pertaining to climate change, energy-related security and energy related technological innovations. The venture will be...
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