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L&T closes $107 million sustainability-linked loan

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The Indian multinational EPC provider has successfully closed a three-year $107 million sustainability-linked loan with Sumitomo Mitsui Banking Corp.Larsen & Toubro Ltd announced this week it has successfully closed a three-year $107 million sustainability-linked loan with Sumitomo Mitsui Banking Corp. (SMBC) appointed as the sole...

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Rio Tinto to spend big on solar, storage

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Rio Tinto plans to invest $402 million (AUD 600 million) to build two new solar farms and battery energy storage systems in Western Australia's Pilbara region, as part of its efforts to decarbonize its iron ore operations.From pv magazine Australia Resource-sector heavyweight Rio Tinto has unveiled...

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