Norway-based climate tech platform Energie.AI announced the acquisition of sustainability advisory firm CEMAsys. in a move aimed at expanding its capabilities, client base and supporting international growth. Launched in 2021, Energie.AI has developed an AI platform that automates climate data collection, analysis, and reporting, enabling companies to measure and reduce emissions and manage sustainability performance. Founded in 2007, Norway-based CEMAsys…
Energy management solutions provider Arcadia announced the acquisition of power company Engie’s Utility Expense and Data Management, Energy Procurement, and Sustainability Advising arm, Engie Impact. Launched in 2014, Washington D.C.-based Arcadia provides energy data and management solutions, enabling companies to pay utility bills, buy energy, and advance sustainability. The company’s provides enterprise solutions including utility bill management, energy procurement advisory…
This week in ESG news: Over 80% of companies sticking with climate goals – PwC report; France unveils plan to quit fossil fuels by 2050; 23 states warn Moody’s, S&P and Fitch over ESG in credit ratings; NYC pension funds say BlackRock, Fidelity not aligned on climate expectations; Meta to power data centers at night with solar energy from space;…
The government of France published its “Roadmap for Transitioning away from Fossil Fuels,” highlighting its initiatives to end its consumption of coal by 2030, oil by 2045, and natural gas by 2050. The new plan was launched at the First Conference on Transitioning Away from Fossil Fuels hosted in Santa Marta, Colombia, convened in the wake of the COP30 conference…
Energy infrastructure investment manager Copenhagen Infrastructure Partners (CIP) announced the launch of Perigus Energy, its new European renewable energy platform created through its now-completed acquisition of Ørsted’s European onshore business. The companies announced the acquisition earlier this year, in a transaction valued at €1.44 billion (USD$1.7 billion). The transaction marked the completion of a major divestment program for Ørsted aimed at shoring up…
Carbon removal project developer Deep Sky and power company Engie announced, encompassing covering carbon credit procurement, joint research, and market development, and including the purchase by Engie of up to 15,000 carbon removal credits from Deep Sky’s direct air capture (DAC) facilities. Founded in 2022, Montreal-based Deep Sky was established as a technology-agnostic carbon removal project developer, with projects underway…
Clean energy developer Solaria Energia announced that it has raised €300 million (USD$350 million) through an equity transaction representing 10% of its share capital, with the new capital aimed at expanding its renewable energy, storage, and data center infrastructure platform across Europe. Founded in 2002, Spain-based Solaria has focused primarily on the development and generation of solar photovoltaic energy across…
Carbon removal marketplace Supercritical announced a new agreement with Boeing for the purchase of 20,000 tons of durable carbon dioxide removal (CDR), sourced from a series of suppliers pursuing biochar and enhanced rock weathering (ERW) projects in developing countries. Biochar and enhanced rock weathering (ERW) are widely viewed as among the more scalable carbon removal approaches, supported by abundant feedstocks…