Energy transition-focused investor Quinbrook Infrastructure Partners announced today the final close of its Quinbrook Renewables Impact Fund II (QRIF II), raising £587 million (USD$784 million) in commitments for the UK-focused renewables infrastructure strategy, well ahead of the fund’s £500 million…
Singapore-based nature-based solutions project developer Thryve.Earth announced that it has signed a series of long-term offtake deals with Google, McKinsey and Tencent to remove more than 635,000 tonnes of carbon through a new agroforestry project restoring 6,000 hectares of degraded…
Africa-focused climate technology venture capital firm Catalyst Fund announced the launch of Catalyst Climate Resilience Fund I, raising $30 million at the fund’s second close to invest in early-stage climate technology startups. Launched in 2016, Nairobi-based Catalyst Fund is an…
The European Central Bank (ECB) revealed that it has started the application of a new “climate factor” in its collateral framework, enabling the central bank to adjust the assigned value of assets pledged by banks as collateral for loans based…
Global private equity and credit investment firm Permira announced a strategic investment through its Energy Transition strategy in engineering, architecture, environment and sustainability-focused consulting firm Quadrante. Founded in 1998, Lisbon-based Quadrante provides asset-light engineering services across three core segments, including…
Industrial technology company 3M has appointed Amanda Yates as its new Chief Sustainability Officer, succeeding outgoing CSO Gayle Schueller, who has announced her retirement from the company. Yates takes on her new role at 3M after more than 13 years…
Lawmakers in the European Parliament’s Environment Committee (ENVI) adopted a position supporting a European Commission proposal to help avoid a shift in production away from EU manufacturers to those in countries with weaker climate policies by expanding the Carbon Border…
Renewable and circular polymer materials provider Avantium announced the spin-out of its electrochemical platform, Volta Technology, focused on converting CO2 into raw materials, into a new, independent company named Carbeau. At launch, Carbeau has raised €35.2 million (USD$40.1 million) in…
German fusion technology startup Proxima Fusion announced that it has raised €411 million (USD$468 million) in a new funding round, marking the largest-ever private investment in European fusion, with strategic investors including Google and RWE. According to Proxima CEO Francesco…
UK-based renewable energy producer British Solar Renewables (BSR) announced that it has secured up to £130 million (USD$174 million) in a financing agreement with Paris-based asset manager Eiffel Investment Group, aimed at supporting investment in its renewable energy portfolio in…