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Announced

General Atlantic to invest in Sustainable Development Capital.

Synopsis

General Atlantic, a global growth investor, agreed to invest in Sustainable Development Capital, a developer, investor and fund manager focused on energy efficiency and decarbonisation solutions globally. Financial terms were not disclosed. "SDCL is delighted to partner with General Atlantic's BeyondNetZero team. We believe that resource efficiency is key to sustainability and that energy efficiency is one of the largest, fastest, cheapest, and cleanest source of greenhouse gas emission reductions, energy cost reductions and energy security. The world cannot reach net zero, or beyond, without it. This fact is key to SDCL and BeyondNetZero's strategies," Jonathan Maxwell, Sustainable Development Capital CEO.

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