Popular on EntSun
- Female Motorsports Sponsorship & Expansion; Acquisition Agreement of UAE-Based Sports Incubator by Online Lottery & Sports Game Provider: Lottery.com - 244
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement - 208
- BillBoards Inc. Hits the Road with God Bless America Tour and Reality Series Now Streaming on Tubi TV - 158
- Token-Operated Sake Service Opens at Tobu Nikko Station - 135
- Honoring Black History, Culture, and Community in Fall River - 133
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research - 126
- Byrd Davis Alden & Henrichson Launches Independence Day Safe Ride Initiative with 500 Free Uber Credits - 119
- Agreement to Supply US-Based Defense Provider with Thin-Film Solar Tech for Orbital Application; Ascent Solar Technologies, Inc. (N A S D A Q: ASTI) - 112
- Brandi Little to Debut Powerful Soul Single "Thought It Was Love" June 27 on MoonTownTunes.com - 111
- The ITeam Ranked on Channel Partners 2025 MSP 501—Tech Industry's Most Prestigious List of Managed Service Providers Worldwide - 111
Similar on EntSun
- Smart Resnse Unveils Smart Resnse(SRMS) Token-Powered AI Orchestration Platform to Revolutionize Multi-Billion Dollar Market
- Revolutionary Blockchain Platform Okh Finance Announces Okh Finance(OKKH) Token Launch to Transform Global Asset Leasing Market
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- $14M Expansion Deal with Famed David Lloyd Highlights Rebrand of Sports, Entertainment and Gaming Innovation by AI Driven, Online Fan Engagement Co
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
- LIB and Nidec Rejoin Forces for Giant TH-0098 Temperature Humidity Test Chamber
- NASA Collaborative Agreement for Supply of Thin-Film Solar Tech for Orbital Application to Advance Development of Thin-Film PV Power Beaming: $ASTI
- Exciting New Era of Sports, Entertainment & Gaming Innovation Spotlighted by Rebrand of Expanding AI Driven, Online Fan Engagement Company: SEGG Media
- Consumer Accountability Alliance Issues Formal Notice Alleging Proximate Liability for Medical Harm
ASTOR CAPITAL PLANS $45 M CLEAN ENERGY INITIATIVE The Astor Capital Fund, Alternate Energy group announces an $45M Commitment to Energy Investing --
EntSun News/10797482
NEW YORK & SAN FRANCISCO & HONG KONG & CHICAGO - EntSun -- Astor Capital Fund's alternate energy group announced on Tuesday, that the company is in talks to roll out and commit an additional $45M in a new clean energy investment initiative. While many banks have been putting big money into renewable energy investments, the move by Astor comes on the heels of previously released mega announcements both on sustainable partnerships and philanthropy. And, the bank has already demonstrated a long commitment to alternate energy, before it was ever the buzzed about topic. Thus, this next move, only further stirred up speculation that the Astor brand plans on leading banking into this new model of investing, especially as we approach the second decade of the millennium and clean energy is the focus.
Still, as Astor Capital continues to retain its crown as a prominent private banking institutions in the U.S. for the better part of a century, this proposed promise certainly, if nothing else, puts a fine point on the intended direction of the company over the next few years.
"It's a significant pledge to be sure," said Thomas Mellon, CEO, "and while we have made no definitive determination, it's only a small portion of our commitment to alternate energy. We understand the grave need to lead the investment industry into a new modern era. The responsibility is one we take seriously."
More on EntSun News
If the additional funds are designated for energy investing, it's a lot of money to be sure, even for the legendary staple, a company so often recognized for giving spectacularly throughout New York City. But this is bigger than philanthropy. The Astor Capital plans to potentially invest an additional $45 million over the next five years in low carbon business ventures, some say, may be risky.
Whether sustainability or investing in low-carbon businesses is good for posterity, Oliver Hawthorne says, it isn't the primary driver behind the move. Says the Director of Marketing, "Like all companies at the present time, we have a deep commitment to alternative energy and investing in these types of ventures. Of course, we are looking at how we can further contribute to energy investing and support low-carbon businesses. Some may attribute altruistic motives to that decision. But make no mistake, we answer to our clients, shareholders, and investors. We're looking at this decision not only from a climate-conscious perspective, but simply put, as an opportunity to grow wealth. "The demand is there for clean energy. We serve the client at the final hour. And, if the demand is there at the end of the day," he said "it's smart business."
Hawthorne is also quick to point out, "We are weighing all the options. If it's not this amount, in this way, there will be an additional commitment to clean energy investing at some point soon. It's a promise we have pledged and a discussion that the alternate energy group has consistently revisited. And, it's already public knowledge just how much we have already pledged in the way of sustainability and green energy. So, this is just one more additive in the larger picture."
More on EntSun News
Astor Capital Fund, has never faded into the background when it comes to taking a leadership stance in the investment industry, even if that means, staying true to their brand, when it may be tempting to follow the trends of banks everywhere and jump on the clean energy wagon. Conversely, risk is risk. Some banks have faced criticism for not having fully analyzed fossil fuel investment risks and the exposure therein. However, given the bank has already embraced alternate energy, and with the support of investors and shareholders in tow, this new commitment isn't as fraught with risk.
Clean energy is the current "climate" of things and not likely to fade away any time soon.
The Astor Capital Fund has among its focus areas, The Alternate Energy group. This division has extensive involvement in every corner of the alternative energy market, including energy generation, power grid ancillary services, energy/fuel logistics and distribution, tax credits, and green attribute / renewable energy credits. Visit Astor Capital Fund for more information.
Still, as Astor Capital continues to retain its crown as a prominent private banking institutions in the U.S. for the better part of a century, this proposed promise certainly, if nothing else, puts a fine point on the intended direction of the company over the next few years.
"It's a significant pledge to be sure," said Thomas Mellon, CEO, "and while we have made no definitive determination, it's only a small portion of our commitment to alternate energy. We understand the grave need to lead the investment industry into a new modern era. The responsibility is one we take seriously."
More on EntSun News
- Smart Resnse Unveils Smart Resnse(SRMS) Token-Powered AI Orchestration Platform to Revolutionize Multi-Billion Dollar Market
- Josh and Heidi Follow Up the Much Anticipated and Successful Launch of the "Spreading the Good BUZZ" Podcast with a Personal Request
- The Battle for the Enchanted Forest Brings Fantasy, Fun, and Fundraising!
- Revolutionary Blockchain Platform Okh Finance Announces Okh Finance(OKKH) Token Launch to Transform Global Asset Leasing Market
- Cover Girl Finalist Teisha Mechetti Questions Legitimacy of Inked Originals Competition, Demands Transparency
If the additional funds are designated for energy investing, it's a lot of money to be sure, even for the legendary staple, a company so often recognized for giving spectacularly throughout New York City. But this is bigger than philanthropy. The Astor Capital plans to potentially invest an additional $45 million over the next five years in low carbon business ventures, some say, may be risky.
Whether sustainability or investing in low-carbon businesses is good for posterity, Oliver Hawthorne says, it isn't the primary driver behind the move. Says the Director of Marketing, "Like all companies at the present time, we have a deep commitment to alternative energy and investing in these types of ventures. Of course, we are looking at how we can further contribute to energy investing and support low-carbon businesses. Some may attribute altruistic motives to that decision. But make no mistake, we answer to our clients, shareholders, and investors. We're looking at this decision not only from a climate-conscious perspective, but simply put, as an opportunity to grow wealth. "The demand is there for clean energy. We serve the client at the final hour. And, if the demand is there at the end of the day," he said "it's smart business."
Hawthorne is also quick to point out, "We are weighing all the options. If it's not this amount, in this way, there will be an additional commitment to clean energy investing at some point soon. It's a promise we have pledged and a discussion that the alternate energy group has consistently revisited. And, it's already public knowledge just how much we have already pledged in the way of sustainability and green energy. So, this is just one more additive in the larger picture."
More on EntSun News
- Easton & Easton, LLP Files Suit Against The Dwelling Place Anaheim & Vineyard USA Over Abuse Allegations
- AI Visibility: The Key to Beating Google's AI Overviews and Regaining Traffic
- Stuck Doing Math or Figuring Out Life's Numbers? Calculator.now Makes It Stupidly Simple
- Colbert Packaging Announces WBENC Recognition
- DivX Empowers Media Enthusiasts with Free Expert Guides for Advanced MP4 Management
Astor Capital Fund, has never faded into the background when it comes to taking a leadership stance in the investment industry, even if that means, staying true to their brand, when it may be tempting to follow the trends of banks everywhere and jump on the clean energy wagon. Conversely, risk is risk. Some banks have faced criticism for not having fully analyzed fossil fuel investment risks and the exposure therein. However, given the bank has already embraced alternate energy, and with the support of investors and shareholders in tow, this new commitment isn't as fraught with risk.
Clean energy is the current "climate" of things and not likely to fade away any time soon.
The Astor Capital Fund has among its focus areas, The Alternate Energy group. This division has extensive involvement in every corner of the alternative energy market, including energy generation, power grid ancillary services, energy/fuel logistics and distribution, tax credits, and green attribute / renewable energy credits. Visit Astor Capital Fund for more information.
Source: Astor Capital Fund Ltd
Filed Under: Investment, Banking
0 Comments
Latest on EntSun News
- John Duffy Hosts Sister Irene O' Neill, Founder and President, and Kelly Mallon Young
- Heritage at South Brunswick Offers Immediate Townhome Appointments and Special Mortgage Incentive Fast-Moving Sales
- American Made Ivey Abitz Bespoke Clothing Travels for Summer
- NASA Collaborative Agreement for Supply of Thin-Film Solar Tech for Orbital Application to Advance Development of Thin-Film PV Power Beaming: $ASTI
- Exciting New Era of Sports, Entertainment & Gaming Innovation Spotlighted by Rebrand of Expanding AI Driven, Online Fan Engagement Company: SEGG Media
- Service Ninjas Debuts First-of-Its-Kind "Membership" Platform for Home Service Pros
- Bruce In The USA Brings Immersive Bruce Springsteen Celebration to Frederick This October
- BIYA Forecasts 2025 Surge with ¥300M ($41.8 M USD) in Revenue and ¥25M Profit from Cloud Based HR Solutions: Baiya Intl. Group (N A S D A Q: BIYA)
- Paul E. Saperstein Co. Announces Geographic Expansion of Auction Services
- Florida Broker Bent Danholm Featured in the Daily Mail's U.S. Real Estate Coverage
- Robin Launches Legal Intelligence Platform to solve intelligence gap in Fortune 500 legal teams
- Melissa B. Releases Digitally Independent: Empowering Music Artists with AI and Brand Strategy
- Mental: Elderly Abuse a Documentary
- Consumer Accountability Alliance Issues Formal Notice Alleging Proximate Liability for Medical Harm
- Rising to New Heights in the Mile High City with Destination: Scientology, Denver
- The City's Largest and Most Elegant Dinner Party Returns on September 13, 2025
- Utah Metal Fabricator Titan Forge Builds Momentum with Custom Steel Projects and Spiral Staircases
- Jason Koch: Pioneering the Future of Real Estate Development in New Jersey
- Voting Opens Tonight for the 2025 Spin Awards Honoring Excellence in Christian Gospel Radio
- Introducing LK Blue: The Cool-Girl Denim Brand That's Redefining LA Style Launches E-Commerce