Energy and industrial transition-focused private equity investor Ara Partners announced that it has raised $2.5 billion at the final close of its inaugural energy investment fund, Ara Energy Fund I, focused on investing assets along the conventional energy value chain…
Singapore-based renewable energy developer Peak Energy and Hyundai Motor Securities announced the launch of HMS-Peak Energy, a new joint venture aimed at expanding renewable energy solutions and supporting the decarbonization of the automotive supply chain in South Korea. According to…
The Canadian Taxonomy and Transition Planning Council announced the release of final Methodology Report for Canada’s sustainable finance taxonomy, its upcoming categorization system aimed at helping investors to identify sustainable investments, and to drive capital into business and projects that reduce…
San Francisco-based carbon removal company Working Trees announced that it has signed a series of long-term offtake agreements with Google and McKinsey, with 320,000 carbon credits to be generated through “silvopasture” projects supporting nature restoration through sustainable farming in Brazil.…
Ohio-based electric utility American Electric Power (AEP), nuclear technology company X-energy and Amazon announced a new agreement to explore the deployment of a 960 MW advanced nuclear energy project at a former coal plant site in Indiana. Amazon is serving…
The European Commission today announced the selection of 77 zero-focused technology projects to receive €3.4 billion (USD$3.8 billion) of funding raised through its EU Emissions Trading System (EU ETS), with solutions ranging from energy-intensive industrial decarbonization and renewable energy to…
Climate tech and renewable energy company Rabot Energy announced that it has raised €50 million (USD$56 million) in a Series B funding round, with proceeds aimed at expanding its technology platform and connecting household energy storage systems to create virtual…
The Asian Infrastructure Investment Bank (AIIB) announced an investment of up to $100 million in global alternative asset firm TPG’s Global South-Focused Climate Solutions Strategy, with a $50 million commitment to the TPG Rise Climate Global South Initiative (GSI) Fund,…
Alternative asset manager Blackstone announced that it has raised $8.7 billion for the fifth vintage of its energy transition-focused private equity fund, hitting its hard cap one year after launching. Blackstone Energy Transition Partners (BETP) is Blackstone’s strategy for control-oriented…
Generali Investments’ clean energy infrastructure investment unit Sosteneo announced that it has secured over €450 million (USD$504 million) in capital commitments for its second flagship fund, including securing over €150 million in new fund commitments and co-investment capital at the…