Norway’s fund giant blacklists RWE and puts Enel on notice over coal concerns

PVTECH | Leading energy majors have joined the list of firms facing a cut-off from the world’s largest sovereign fund, who is now acting to shed stakes in businesses profiting from thermal coal.

Last week, Norway’s Government Pension Fund Global (GPFG) acted to ban RWE AG, Sasol Ltd, Glencore PLC, AGL Energy Ltd and Anglo American PLC over their exposure to the fossil fuel, whilst placing Enel SpA and Vistra Energy Corp under “observation” for the same reason.

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