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BlackRock sees coal, oil power projects facing investment challenges – Metro US

BlackRock sees coal, oil power projects facing investment challenges

FILE PHOTO: The BlackRock logo is seen outside of its
FILE PHOTO: The BlackRock logo is seen outside of its offices in New York

ABU DHABI (Reuters) – Coal and oil-fired power generation projects will find it difficult to secure investments, BlackRock Inc. Managing Director Eduard Ruijs said on Wednesday.

Natural gas-fired power plant projects could find investments, he told an energy conference in Abu Dhabi.

(Reporting by Yousef Saba; Writing by Maher Chmaytelli; Editing by Edmund Blair)