Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • TWO DAY MASTERCLASS ON: EXPLOITATION & COMMERCIALIZATION POTENTIAL OF NATURAL HYDROGEN
  • Fossil Fuel Giants Intensify Legal Battles Against Climate Policies Through ISDS System
  • Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures
  • Exide Strengthens European Footprint with High-Capacity BESS
  • UK Consortium Launches £500M Battery Storage Platform to Boost Grid Flexibility
  • Oman Positions Waste-to-Hydrogen as Cornerstone of Circular Economy Transition
  • Wärtsilä to Equip Wasaline’s Aurora Botnia with World’s Largest Marine Battery Hybrid System
  • India’s $92 Billion Bet on Green Hydrogen: Can Policy and Technology Deliver?
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Asia
Green Hydrogen H2 News

Trafigura to invest in 2 GW of renewable projects through new company

Anela DoksoBy Anela Dokso29/09/20202 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

Trafigura Group has formed a new company to invest in a series of solar, wind and power storage projects globally.

The new company, Nala Renewables, has an ambitious target to build a portfolio of renewable energy projects with a cumulative capacity of two gigawatts to be operating, in construction or in late stage development, within the next five years.

Nala Renewables is a joint venture with global institutional fund manager IFM Investors, extending the two firms’ existing relationship through the Impala Terminals joint venture, created in 2018.

Nala Renewables will identify, build and operate projects that produce renewable energy in markets in which Trafigura already operates – primarily in Europe, Asia and certain emerging markets.

The business will also build and operate projects adjacent to the Trafigura Group’s mining, port and smelting infrastructure assets worldwide and the renewable energy generated will be used to power some of those facilities.

Trafigura will contribute around 250 MW of projects under early stage development to the venture and provide a long-term offtake agreement to some of the renewable assets, on market terms.

“As highly experienced infrastructure investors, IFM Investors are an excellent partner for this ambitious and timely endeavour. The energy transition is driving the need, but also provides the opportunity to make strategic, long-term investments in renewable energy. The investments will provide synergies for our new Power and Renewables trading division which is going to become a significant pillar of our trading activity over the next few years and beyond and builds on our capabilities and understanding of other energy markets.”

Jeremy Weir, executive chairman and CEO of Trafigura.

“We look forward to continuing the successful partnership with Trafigura and tackling the energy transition together. This joint venture is an important step in our strategy to reduce the carbon impact of our investments.”

Kyle Mangini, global head of Infrastructure at IFM.

An initial team of fifteen professionals is being recruited, supported by renewables expertise from Trafigura and IFM Investors, with the expectation that the team will grow as the portfolio requirements evolve.

Share. LinkedIn Twitter Facebook Email

Related Posts

NATURAL HYDROGEN

TWO DAY MASTERCLASS ON: EXPLOITATION & COMMERCIALIZATION POTENTIAL OF NATURAL HYDROGEN

28/08/2025
Fossil Fuel

Fossil Fuel Giants Intensify Legal Battles Against Climate Policies Through ISDS System

28/08/2025
Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures

Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures

28/08/2025
Exide Strengthens European Footprint with High-Capacity BESS

Exide Strengthens European Footprint with High-Capacity BESS

28/08/2025
Batteries Lithium

UK Consortium Launches £500M Battery Storage Platform to Boost Grid Flexibility

28/08/2025
Oman

Oman Positions Waste-to-Hydrogen as Cornerstone of Circular Economy Transition

28/08/2025
NATURAL HYDROGEN

TWO DAY MASTERCLASS ON: EXPLOITATION & COMMERCIALIZATION POTENTIAL OF NATURAL HYDROGEN

28/08/2025
Fossil Fuel

Fossil Fuel Giants Intensify Legal Battles Against Climate Policies Through ISDS System

28/08/2025
Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures

Fortescue Reports Lowest Profit in Six Years, Adjusts Green Hydrogen Timelines Amid Market Pressures

28/08/2025
Exide Strengthens European Footprint with High-Capacity BESS

Exide Strengthens European Footprint with High-Capacity BESS

28/08/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.