Apple launches $300 million green energy fund in China


Quickly threatening a recession that chairman jerome powell present the information to congress next week according to reports pal has said the economy is it really good place adrienne mitchell bloombergradio goldman sachs and blackstone group of taken a minority stake in private equity firm francisco partners terms of the transaction were not disclosed but lemberg has learned that u investors will hold less than ten percent interest francisco is a tech focused firm that has invested in more than two hundred companies since its founding in nineteen ninety nine apple the iphone maker has upped its environmental efforts in asia bloomberg's courtney donohoe has more apple announced at three hundred million dollar fund to promote clean energy in china the company wants to boost the use of renewable energy and its supply chain which is primarily spread across the country apple and ten of its key suppliers and partners will contribute to the fund over the next four years deutchebanks asset management arm will manage and invest in the fund earlier this year apple also helped aluminum suppliers alcoa and rio tinto start developing a new technology that eliminates greenhouse gas emissions during production that.

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