Al Suwaidi: Want to Mobilize More Capital in Global South

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Alterra, Abu Dhabi's climate investment platform, plans a $1.2 billion co-investment vehicle with BBVA, aiming to mobilize private capital for climate-aligned investments in the Global South.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Abu Dhabi's climate investment platform Alterra is planning a new $1.2 billion co-investment vehicle, with Spain's BBVA committing $250 million as a strategic partner. The fund is part of the UAE's broader push to mobilize private capital into climate-aligned investments across infrastructure, private equity and private credit. Majid Al Suwaidi, CEO of ALTÉRRA spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the deployment of the capital. (Source: Bloomberg)

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Original article published by Bloomberg on January 16, 2026.
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