Guest post by: Rukmini Glanard, Chief Business Officer at GETEC Europe has made strong progress in financing renewables. Solar and wind have matured into predictable, bankable assets, supported by clear policy frameworks and standardised contracts that reduce uncertainty. Capital is now flowing into these technologies at record levels and even large-scale battery storage is quickly becoming an investable asset class as the technology…
Sustainability advisory firm ERM announced the appointment of former Accenture Senior Managing Director Bill Theofilou to the position of Executive Chair. Theofilou founded and headed Axia, a U.S.-based strategy consulting company, until its acquisition by Accenture in 2015. He then worked for eight years in the role of Senior Managing Director, leading Accenture’s global CEO advisory practice. Theofilou also serves…
Ford Motor Company announced today the appointment of Lisa Drake as President of its new energy products and solutions unit, Ford Energy, with responsibility for launching the company’s planned new battery energy storage systems (BESS) business. The appointment follows an announcement by Ford of plans to launch the new BESS business in December 2025, after reporting a $19.5 billion charge…
The UK’s Competition and Markets Authority (CMA) announced the release of new guidance aimed at helping businesses including retailers, brands and manufacturers to understand supply chain responsibility for making accurate green claims. The guidance indicates that businesses may be liable for misleading environmental claims, even if they are only passing along information provided farther up the value chain. The CMA said:…
Ocean health and climate solutions startup Gigablue announced that it has raised $20 million at the first close of its Series A financing, with proceeds aimed at scaling its solution to capture and remove carbon from the atmosphere, and store it deep in the ocean. Founded in 2022, Gigablue designs and deploys a marine-based carbon dioxide removal method to capture…
Sustainability-focused European asset manager Ambienta announced that it has raised more than €500 million at the final close of its Ambienta Sustainable Credit Opportunities strategy, surpassing its target for the private credit fund aimed at backing “environmental champions.” Launched in 2023, Ambienta’s credit fund finances and supports mid-market companies providing products and services measurably improve resource efficiency or pollution control,…
Guest post by: Moritz Baer, co-founder and CEO of Forward Analytics The EU’s recent decision to weaken sustainability reporting, and remove obligations for climate transition plans under the Corporate Sustainability Due Diligence Directive has sparked predictable debate. But this focus on regulation misses a more fundamental shift already underway: thanks to ever more granular data, corporate climate performance is now…
Renewable energy developer and operator Aneo announced that it has acquired RWE Renewables Sweden’s wind power portfolio, which produces about 500 GWh annually. The purchase includes 124 MW of onshore wind spread across 11 wind farms, 48 MW of nearshore wind power and employees with expertise in project development, operations and maintenance services. According to Aneo, the agreement will reinforce…