BlackRock to invest up to $400m in Dubai decarbonization firm Positive Zero

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DUBAI: BlackRock has agreed to invest up to $400 million in Dubai-based decarbonization company Positive Zero through a diversified infrastructure fund, Positive Zero said in a statement on Monday according to Reuters. The investment will help Positive Zero, a decentralized decarbonization infrastructure business, with its goal of boosting energy transition projects in Gulf countries, it said.