Clean energy developer and producer Greenvolt announced today a €150 million (USD$171 million) share capital increase, fully subscribed by alternative asset and private equity investor KKR, aimed at supporting its growth, with a particular focus on its large-scale battery storage solutions. Founded in 2021, Portugal-based Greenvolt was acquired by KKR in 2024 for €1.2 billion. The company operates in 20…
Solar deployment solutions provider Planted Solar announced that it has raised $12 million in a new funding round, with proceeds aimed at growing its platform to help developers accelerate the buildout of solar projects. Founded in 2020, California-based Planted Solar provides solutions aimed at helping developers and independent power producers (IPPs) deploy solar projects faster and at lower cost than…
UK-based bank Barclays published a new sustainability-focused presentation for investors, revealing that revealed that it earned approximately £500 million (USD$660 million) in revenues from sustainable and transition finance activities in 2024, and indicating that its sustainable and transition finance volumes have accelerated over the past few months. In the H1 2025 sustainability presentation, Barclays also reiterated its ambition “to be…
A group of state treasurers and financial officers from 21 U.S. states* has sent a series of letters to the CEOs of several major investment firms including BlackRock, JPMorgan Chase, Goldman Sachs, and others,** warning the firms against embedding sustainability and climate considerations – or even the EU’s CSRD regulation – in their investment strategies and engagement and proxy activities….
Renewable energy fund manager Octopus Australia announced a significant new partnership with Dutch pension asset manager APG Asset Management (APG), in which the pension fund investor will commit over A$1 billion (US$640 million) to Octopus Australia’s flagship renewable energy platform OASIS. The deal will accelerate the growth of Octopus Australia’s platform and its pipeline of utility-scale solar, wind, and battery…
Investment manager Nuveen, and its sustainable commercial real estate financing solutions business Nuveen Green Capital (NGC), announced today that it has raised $785 million in new capital commitments to Nuveen C-PACE Lending Fund III, aimed at enabling insurance investors to finance energy efficiency and sustainability projects for commercial real estate. C-PACE (Commercial Property Assessed Clean Energy) is a public-private financing program…
The government of Australia announced a significant expansion of its Capacity Investment Scheme (CIS), its key tool aimed at de-risking investments in clean energy at scale, with a new target to deliver an additional 40 GW in renewable energy and storage capacity by 2030, up from its prior 32 GW goal. The CIS program is aimed at accelerating the rollout…
The European Commission announced today the adoption of the voluntary standard for SMEs (VSME), a new sustainability reporting standard aimed at enabling micro-, small- and medium-sized companies to report on ESG issues in a simplified and consistent way and to respond to requests for sustainability information from financial institutions and large companies. While the VSME was initially developed to provide…
The U.S. Environmental Protection Agency (EPA) announced the release of a new proposal aimed at rescinding the landmark 2009 Greenhouse Gas Endangerment Finding, which would effectively remove the U.S. government’s ability to regulate greenhouse gas (GHG) emissions from carbon-intensive industries including the automotive and energy sectors. The 2009 Endangerment Finding by the Obama-era EPA found that GHG emissions endangered public…