Positive Zero to drive energy transition in the GCC

Positive Zero, a decentralised decarbonisation infrastructure business headquartered in the UAE, has announced a deal for a fund managed by BlackRock’s Diversified Infrastructure group to invest up to $400 million in the company.

This investment will support Positive Zero’s mission to grow sustainable energy adoption across the Gulf Cooperation Council (GCC), in line with efforts to reduce carbon emissions and limit global temperature rise to 1.5 degrees Celsius, while simultaneously delivering energy cost savings to Positive Zero’s clients.

Positive Zero, which emerged from the…