Azimuth Capital seeks $1bn for energy transition fund: WSJ

Azimuth Capital Management, a Canadian oil and gas private equity firm, is seeking $1 billion for a new energy transition offering, the Wall Street Journal reported.

Azimuth Capital Management, a Canadian oil and gas private equity firm, is seeking $1 billion for a new energy transition offering, the Wall Street Journal reported. Azimuth V Evolution, which is expected to soon hold an initial close, will invest in businesses like renewable fuel-makers, battery recyclers and power-storage providers.

Source: WSJ