ContourGlobal - quietly carrying on, $1bn debt raise and fast-tracked net zero target

In the midst of the annual results flurry, this month [February 2025], which saw some of the largest renewables investors roll back their capacity targets for 2030, British utility ContourGlobal successfully raised $1 billion in debt to help fund its target to build out up to 5GW of renewables generation within the next five years, a pivotal step in the company meeting its net zero targets 10 years ahead of schedule.