Low carbon mobility-focused finance and investment firm Neot Capital announced the launch of Neot e-motion, a new leasing platform dedicated to zero-emission mobility in Europe. The new platform is being launched with €350 million (USD$394 million) in equity commitments from investors including Alba Infra Partners, Mirova, and the Banque des Territoires. Founded in 2016, Paris-based Neot develops and manages investment…

Alternative asset manager Patria Investments announced the launch of Omnia, a new platform aimed at developing, building and operating large-scale data centers across Latin America, fully powered by green, renewable energy. Patria said that the new platform will initially focus on 100+ MW campus projects, tailored to high-density AI workloads, with expected investments above $1 billion. The launch of the new…

Paris-based alternative asset manager Tikehau Capital announced today the acquisition of Spanish sustainable mobility solutions provider EYSA Group from investment firm H.I.G Capital, with plans to expand the group’s digitized mobility infrastructure systems globally. Tikehau said that its investment aims to accelerate EYSA’s growth and consolidate it into a global platform. The acquisition is being made from Tikehau’s flagship private…

The Trump administration has reversed its decision to halt Empire Wind, a large-scale offshore wind project off the coast of New York, anticipated to power 500,000 homes with renewable energy, according to a statement by New York Governor Kathy Hochul The announcement follows an order by the U.S. Department of the Interior in April to stop construction activities on the…

French President Emmanuel Macron called for the elimination of the EU’s Corporate Sustainability Due Diligence Directive (CSDDD), joining a call by German Chancellor Friedrich Merz to scrap the new law requiring companies to address their negative impacts on human rights and the environment across their value chains. Speaking to global business leaders at the “Choose France” International Business Summit on…

Let’s be honest, sustainability reporting hasn’t always had the best reputation. For years, it’s been seen as a compliance headache, a checkbox exercise, or a painfully long PDF that no one reads.

Sustainability reporting software provider Novisto announced today that it has raised $27 million in a Series C financing round, with proceeds aimed at enhancing its ESG software platform and accelerating its presence across Europe to address the “huge market opportunity” to streamline and simplify sustainability reporting. Founded in 2019, Montreal-based Novisto provides sustainability data management and reporting software for global…

The fashion industry has long been in the crosshairs of sustainability-conscious consumers – and increasingly, investors – for contributing to global waste, carbon emissions and poor labour practices. Much of the scrutiny centres on fast fashion – the high-turnover, low-cost model that continues to dominate sales on the high street and online platforms. This segment, which thrives on cheap production,…

Are the golden days of ESG behind us? Promises of perennial outperformance were likely to result in disillusionment when markets turned, and turn they did. Then, of course, there is the political backlash, exemplified but not confined to the current US administration. Are we seeing a resulting reduction in sustainable funds? Sifting through the data, the answer (unhelpfully) is “that…

Energy giants Occidental and Abu Dhabi-based ADNOC announced a new agreement to evaluate the launch of a new joint venture to develop a Direct Air Capture (DAC) carbon removal facility in South Texas, with ADNOC’s investment company XRG considering investing up to $500 million for the new facility. The new proposed project would be among the largest DAC facilities to…