Swiss generic and biosimilar medicine pharmaceutical company Sandoz announced that it has signed a new 10-year virtual Power Purchase Agreement (PPA) with Elawan Energy for new-build solar projects in Spain, anticipated to cover the vast majority of Sandoz’s electricity use in Europe. Under the new partnership, Sandoz and Elawan Energy will jointly develop solar projects with a total installed capacity…
Investment manager Nuveen announced that it has raised $1.3 billion in capital commitments at the first close of Energy & Power Infrastructure Credit Fund II (EPIC II), reaching more than half of its $2.5 billion target for the infrastructure-focused private credit strategy. Anchored by commitments from a leading Canadian pension fund manager and financial services provider TIAA, the fund aims…
Global alternative investment manager Apollo announced an agreement to acquire energy efficient thermal management solutions provider Kelvion from investment firm Triton, noting the company’s positioning to address “secular megatrends” including data center cooling and green tech. Founded in 1920, Germany-based Kelvion develops and manufactures heat exchange and cooling solutions for a broad range of applications including data centers, hydrogen production,…
Sustainability isn’t just about saving the planet anymore. It is about future-proofing your business, winning investor confidence, and staying ahead of increasingly complex regulations.
Sustainability RegTech company Diginex announced today an agreement to acquire supply chain risk monitoring platform Findings, in a transaction valued at up to $305 million, and aimed at boosting Diginex’s technological and cybersecurity capabilities. Founded in 2018 by CEO Kobi Freedman and CTO Jonatan Perry, U.S. and Israel-based Findings provides solutions aimed at providing companies and their vendors with visibility…
The U.S. Federal Trade Commission (FTC) announced that it has closed an investigation into truck and engine manufacturers including Volvo Group, Daimler Truck, International Motors, and PACCAR, after receiving commitments from the companies that they will not enforce an agreement with the California Air Resources Board (CARB) aimed at reducing greenhouse gas emissions in the heavy-duty trucking sector. The truck…
Marine transportation company Seaspan’s subsidiary Seaspan Energy and climate solutions provider Anew Climate announced a new strategic agreement aimed at offering a more sustainable fuel option for ship owners through the offer delivery of renewable liquefied natural gas (R-LNG) to customers on the North American West Coast. Renewable natural gas (RNG), or biomethane, is produced from organic waste, such as…