Chevron (CVX) Creates $500M Fund to Invest in Clean Energy
Chevron(CVX) Zacks Investment Research·2024-04-17 12:46
Chevron Corporation (CVX) , a global energy company, has launched its third Future Energy Fund through its venture arm, Chevron Technology Ventures L.L.C., demonstrating its commitment to innovation and sustainability. With an astounding commitment of $500 million, this fund marks a milestone in Chevron's journey toward investing in clean energy technologies. This latest fund builds on the success of two previous iterations, which have already supported more than 30 companies in the clean tech space. Let’s ...