Acadia leads $9bn renewable energy initiative with Microsoft
US-based investor Acadia Infrastructure Capital, along with major companies including Microsoft, has launched a $9 billion initiative to develop renewable energy projects across the United States. The initiative, known as the Climate and Communities Investment Coalition (CCIC), aims to accelerate corporate-led financing for renewable energy projects and is expected to facilitate the development of 5GW of renewable power by 2029. The CCIC will focus on providing tangible benefits to local communities, including affordable clean energy…