GM Ventures Leads $108 Million Raise for Peak Energy to Break into Data Center Power Market

Energy storage technology startup Peak Energy announced that it has raised $108 million in a Series B funding round, with proceeds aimed at expanding its grid-scale platform into the data center market, with the round led by General Motors Ventures.…

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ISSB Releases Proposed Nature-Related Reporting Requirements

The IFRS Foundation’s International Sustainability Standards Board (ISSB) announced the release of the initial exposure draft of its proposed nature-related disclosure requirements, designed to help companies provide material information to investors about nature-related risks and opportunities in a consistent and comparable…

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Citi Structures New Outcome Bond with Returns Tied to Generation of Carbon Credits

Citi announced that it has structured a new $72 million “Carbon Removal-Linked Note” to finance a biochar project by environmental solutions company Applied Carbon, with returns on the instrument tied to the generation of carbon credits by the new project.…

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