Permira Invests in Energy Transition and Infrastructure-Focused Consulting Firm Quadrante

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…

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Avantium Spinout Carbeau Raises $40 Million to Convert CO2 into Sustainable Materials

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…

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Google Backs Proxima’s Record $468 Million Raise in Race to First Fusion Power Plant

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…

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European battery & BESS manufacturing gets boost with Eni Storage and Hithium gigafactory milestones in Italy, Spain

Eni Storage Systems has broken ground on a gigafactory in Italy set to build LFP cells for energy storage applications, while Chinese firm Hithium has won an €80 million grant from the Spanish government for a battery and BESS plant…

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