SEC Drops Investigation into BlackRock, State Street, with a Warning Over Participation in Climate Groups

The U.S. Securities and Exchange Commission announced on Wednesday that it has decided not to pursue enforcement action into asset managers including BlackRock and State Street, following an investigation into the potential regulatory violations through their participation with climate-focused engagement…

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Aviva Investors, ABN AMRO Invest €100 Million in Circular Concrete Platform SL Materials

Sustainable building materials provider SL Materials announced a new €100 million (USD$112 million) investment from Aviva Investors and ABN AMRO, with proceeds aimed at scaling the company’s circular concrete platform. Building materials are a key source of global greenhouse gas…

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HSBC Launches Loans with Rates Tied to ESG Scores for European Small, Medium Businesses

HSBC announced the launch of its Sustainability Improvement Loan (SIL) solution in Continental Europe, offering small and medium businesses the capability to link loan pricing to changes in their ESG scores. HSBC’s SIL proposition applies a variable pricing adjustment based…

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Zelestra Secures $350 Million Green Financing to Build U.S. Solar Project Backed by Meta

Madrid-based renewable energy company Zelestra announced that it has closed $350 million in green financing credit facilities for a new 203 MW solar project in Indiana, backed by a long-term power purchase agreement with social media and tech giant Meta. The…

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Constellation Signs 20-Year Deal with Google to Unlock 890 MW of New Nuclear Capacity

Google and energy producer Constellation Energy announced a series of new agreements, including a 20-year power purchase agreement (PPA) enabling investments of more than $4.3 billion, and adding 890 MW of new nuclear energy to the U.S.’ PJM grid. The deal…

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Type One Raises $200 Million to in race Build First-Ever Commercial Fusion Power Plant

Fusion energy technology startup Type One Energy announced today that it has raised $200 million in a Series B funding round, with proceeds aimed at advancing the company’s stellarator technology and advancing towards the world’s first commercial fusion plant. Fusion,…

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