Global energy and electricity provider Iberdrola announced the acquisition of an 80% stake in Caruna, the largest electricity distribution company in Finland, in a deal valuing the company at an enterprise valuation of €5 billion. The transaction marks Iberdrola’s entry…
India-based venture capital investor Transition VC announced the launch of Fund II, its second fund focused on investing in engineering-led companies across energy transition value chain and adjacent deep tech areas. Transition VC said that it is targeting INR 15…
Swiss wealth and asset management firm Pictet announced that its alternative investment unit Pictet Alternative Advisors has raised $253 million at the final close of Environment Co-Investment Fund I, the company’s first dedicated environment co-investment vehicle targeting investments in companies…
The California Air Resources Board (CARB), the regulator charged with developing and enforcing the state’s new corporate climate reporting regulations, unveiled its proposed Scope 3 approach for its upcoming emissions reporting regulations for large companies, limiting mandatory initial disclosures to…
Guest post by: Carolina de Azevedo, Head of Impact & ESG, Emerald Technology Ventures In a recent episode of the Dwarkesh Podcast, Elon Musk made a provocative prediction: within three years, the most economically compelling place to build AI data…
Automation, robotics, and sustainable materials startup Hyperion Robotics announced that it has raised $7.4 million in a growth funding round, with proceeds from the financing aimed at supporting the expansion of its platform to produce infrastructure components faster, at lower…
A coalition of 19 state Attorneys General* announced that they have moved to join a lawsuit against the U.S. Department of Defense (DoD) and Secretary Pete Hegseth, alongside other senior DoD officials for blocking the advancement of more than 100…
Sustainability-focused investment manager Mirova announced an investment of €150 million (USD$171 million) in renewable energy developer Yanara, aimed at accelerating the development of Yanara’s utility-scale renewable energy portfolio in Australia. Founded in 2019, and spun off from BrightNight in 2025,…
Air Canada and Airbus announced a series of initiatives aimed at scaling the sustainable aviation fuel industry in Canada, including plans to establish a jointly funded Sustainability Co-Investment Platform, aimed at supporting a commercial-scale Sustainable Aviation Fuel (SAF) industry in…
Seven out of ten companies reporting under the EU’s Corporate Sustainability Reporting Directive (CSRD) that have disclosed climate transition plans, increasing significantly over the past year, while the share, according to a new report released by the European Financial Reporting…