The Government of Canada announced that it has completed the issuance of a C$4 billion green bond, the country’s second, and the first by a sovereign issuer to include nuclear energy expenditures as an eligible use for proceeds. The new offering follows the release late last year by the government of its updated Green Bond Framework, which added some nuclear…

German electrolyzer manufacturer Sunfire announced today that it has raised €315 million (USD$342 million), including €215 million in a Series E equity financing round, and a term loan of up to €100 million provided by the European Investment Bank (EIB), with proceeds aimed at accelerating the growth and industrialization of its green hydrogen technologies. Founded in 2010, Dresden-based Sunfire produces…

Fitch Group’s sustainability-focused analytics business Sustainable Fitch announced the appointment of Marcy Block to the new role of Global Head of ESG Ratings for Sustainable Fitch, with responsibility for managing the company’s largest analytical group which serves primarily public market and investment grade constituents. Block joined Fitch Ratings in 2013, and has led Fitch Ratings’ Climate Risk Development Group since…

Geothermal energy startup Fervo Energy today announced that it has raised $244 million, with proceeds from the new financing aimed at advancing the deployment of its round-the-clock clean energy solution. Founded in 2017, Houston Texas-based Fervo Energy focuses on the development of geothermal projects to deliver carbon-free energy. The company uses techniques such as horizontal drilling and distributed fiber optic…

Lawmakers in the European Parliament and Council announced that they have reached a provisional agreement on new series of sustainable packaging rules aimed at addressing growing packaging waste in the EU, and boosting the circular economy, including a goal for all packaging to be fully recyclable by 2030. The agreement follows a proposal by the European Commission in November 2022…