The government of Germany announced Wednesday the adoption of its new Climate Protection Program, setting out its action plan to achieve its goal to reduce emissions by 65% by 2030 on a 1990 basis, backed by €8 billion in investments over the next four years. The program details 67 measures across the energy, transport, buildings and agriculture sectors, which the…
Global alternative asset and private equity investor KKR an agreement with by water, hygiene and infection prevention solutions provider Ecolab Water, hygiene and infection prevention solutions provider Ecolab announced today an agreement to acquire liquid data center cooling solutions provider CoolIT from KKR, in a deal valuing the company at $4.75 billion, generating a return of approximately 15 times the…
Madrid-based renewable energy company Zelestra announced today that it has secured a $600 million green financing credit facility to support the development of two solar projects in Texas, backed by long-term power purchase agreements (PPAs) with Meta, the owner of Facebook, Instagram, and WhatsApp. The two projects, the 252 MW Echols Grove and 187 MW Cedar Range facilities, are currently…
Biorecycling startup Epoch Biodesign announced that it has raised $12 million in a new funding round, aimed at accelerating the commercialization of its recycled nylon technology. Investors participating in the round include athletic apparel company lululemon – which has targets in place to launch alternative nylon solutions and to source 100% renewable or recycled content nylon for its products –…
The Church of England Pensions Board announced that it plans to vote against the reappointment of directors at banks that it has identified as having “materially backtracked” on climate commitments during the 2026 AGM season. The pension board specifically highlighted NatWest, Santander, and HSBC for its intention to vote against relevant items at their AGMs, adding that it will monitor…
Brookfield and Quebec-based institutional investor La Caisse announced an agreement to acquire Quebec-based global renewable energy platform Boralex, in a deal valuing the company at an enterprise value of USD$6.5 billion. Under the terms of the agreement, which has been approved by Boralex’s Board of Directors, Brookfield will acquire a 70% stake in Boralex, with La Caisse, who is currently…
U.S.-based biochar company Liferaft announced that it has signed a long-term offtake deal with Microsoft, with the tech giant agreeing to purchase one million carbon removal units (CRUs) over ten years, generated through biochar projects in the U.S. Midwest. The deal marks one of the largest biochar-based carbon removal agreements to date, and the largest so far in the U.S….
Guest post by: Philippe Parlange, Chief Client Officer, Deepki The global real estate sector has reached a defining moment where environmental targets and fiduciary duty finally collide. As we align portfolios with Paris Agreement targets, the scale of the transition is no longer just an operational hurdle—it is a US$1.7 trillion annual capital allocation challenge[1]. For institutional owners, the ‘sustainability…
The European Financial Reporting Advisory Group (EFRAG) announced the launch of a call for expression of interest for companies and other stakeholders to engage on the application of the upcoming voluntary sustainability reporting standard by larger companies that are not in the scope of the EU’s Corporate Sustainability Reporting Directive (CSRD). The call comes as the European Commission is expected…