ESG investing is ready for its close-up. Hollywood has previously ventured into the cutthroat world of high finance in movies like Wall Street and The Big Short. HBO’s drama Industry continues this tradition, following a group of young, good-looking, London-based investment bankers at fictional global bank Pierpoint & Co. Warning: spoilers ahead for Season 3. In the current season, Pierpoint…
Utility Global Raises $53 Million for Electricity-Free Clean Hydrogen Technology to Decarbonize Industry
Clean fuel startup Utility Global announced that it has raised $53 million as part of a growth equity Series C funding round, with proceeds aimed at supporting the commercialization of its technology to process industrial gases into clean fuels to help decarbonize hard-to-abate industries, such as steel, without the use of electricity. Founded in 2018, Houston, Texas-based Utility Global provides…
TotalEnergies, Shell, Equinor JV Completes World-First Commercial CO2 Storage Project in Norway
Northern Lights, a joint venture between energy giants TotalEnergies, Shell and Equinor, announced the completion of the world’s first commercial CO2 transportation and storage project in Norway, which is now ready to receive and store captured CO2 from hard-to-abate European industries. The Northern Lights project was launched in late 2020, as the transport and storage component of Longship, the Norwegian…
Day 4 of New York Climate Week
Hey everyone! Luke (CCO) here writing about day 4 of New York Climate Week! Climate VCs raised 19 billion USD in the last year alone, of which around 6 billion USD came from North America. The financing for sustainable solutions theme is consistent across many more panels. 2024’s Climate Capital Summit put on by Equal Ventures, Fenwick, Mercury and attended…