PNC pledges $30B to finance green construction
PNC Financial Services Group has increased its environmental financing commitment to $30 billion as part of its ongoing support of clients transitioning to a low-carbon economy. The pledge is a $10 billion boost from PNC’s initial commitment in August 2021
EV equipment financing poses ‘huge opportunity’ for lenders
Financing energy equipment presents a potential opportunity for financiers as electric vehicles (EVs) gain traction, evidenced by General Motors’ launch this month of GM Energy, which will produce EV chargers and energy-management products for homes and businesses. GM Energy will manufacture stationary battery packs and
