TOTAL Touts $400Mn Carbon Neutrality Venture Fund (Int'l.)
Paris-headquartered French oil and gas major TOTAL is reporting the launch of its Carbon Neutrality Ventures Fund to support carbon reduction technology start-ups.
The $400 million (€275.8 million) fund will invest globally in ventures developing energy storage, smart mobility, low carbon energy, bioplastics and recycling technologies.
According to the company,
the "fund will allow us to expand the reach of our low carbon businesses beyond our own borders."
(Source: Total, Various Media, renews.biz, 24 Oct., 2019) Contact: Total, +33 (0)1 47 44 45 46, www.total.com/en
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