Cresta Fund Management, based in Dallas, is raising $650 million for its second sustainability fund, Cresta Sustainable Fund II. This fund aims to invest in low-carbon fuels and carbon capture projects, reflecting the firm's commitment to advancing sustainable infrastructure. With this new fund, Cresta seeks to capitalize on the growing demand for green energy solutions and contribute significantly to environmental sustainability. This move aligns with Cresta's broader strategy of investing in innovative technologies that reduce carbon emissions and promote clean energy.
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