Climate Change Increases as a Strategic Priority for Investors for First Time in 3 Years Climate change has increased as a priority for investors for the first time since political backlash picked up steam in 2023, with more than eight out of ten of investors globally saying that they expect physical climate risks to impact asset prices over the next…
French investment firm Eurazeo announced that it has entered into an agreement to acquire a majority stake in Spain-based water efficiency solutions provider Miya Water, with the transaction aimed at supporting the company’s international expansion and accelerating the growth of its platform to help utilities reduce water loss. Miya marks the fourth investment for through Eurazeo’s impact buyout strategy, Eurazeo…
Sustainable building materials provider SL Materials announced a new €100 million (USD$112 million) investment from Aviva Investors and ABN AMRO, with proceeds aimed at scaling the company’s circular concrete platform. Building materials are a key source of global greenhouse gas emissions. Cement production, an ingredient in concrete, accounts for approximately 8% of global carbon dioxide emissions, with over 900 kg…
HSBC announced the launch of its Sustainability Improvement Loan (SIL) solution in Continental Europe, offering small and medium businesses the capability to link loan pricing to changes in their ESG scores. HSBC’s SIL proposition applies a variable pricing adjustment based on a third-party ESG rating issued by a recognized external ratings provider, such as EcoVadis, CDP, or Inrate. The solution…
Madrid-based renewable energy company Zelestra announced that it has closed $350 million in green financing credit facilities for a new 203 MW solar project in Indiana, backed by a long-term power purchase agreement with social media and tech giant Meta. The announcement marks the latest in a series of transactions by Zelestra as it expands its U.S. platform, with a pipeline…
Google and energy producer Constellation Energy announced a series of new agreements, including a 20-year power purchase agreement (PPA) enabling investments of more than $4.3 billion, and adding 890 MW of new nuclear energy to the U.S.’ PJM grid. The deal marks the latest in a series of deals between Constellation and major technology companies enabling the expansion of U.S. nuclear…
Fusion energy technology startup Type One Energy announced today that it has raised $200 million in a Series B funding round, with proceeds aimed at advancing the company’s stellarator technology and advancing towards the world’s first commercial fusion plant. Fusion, the process of combining two atoms to form a single atom to release energy, has been long referred to as…
MUFG Bank announced today the launch of its Green Deposits offering in the EU, aimed at enabling corporate clients to allocate funds to environmentally sustainable projects. Introduced in the U.S. in 2021, and in the UK in 2023, MUFG’s Green Deposit solution allow clients to place term deposits with the bank, which are in turn used to effectively finance assets…