Social and human capital data company Denominator announced today the acquisition of gender equality and diversity data provider Equileap, in a move described by Denominator as aimed at creating a global leader in Human Capital Data. Founded in 2021, New York-based Denominator provides information aimed at enabling businesses and investors to navigate people-related matters across investments, procurement and corporate strategy….
Power company Engie announced that it has entered a 15-year renewable Power Purchase Agreement (PPA) with Apple enabling the construction of new solar and wind projects in Italy. Under the agreement, Engie will develop 173 MW of new capacity in southern Italy, including two wind farms, one wind repowering project, and two agrivoltaic plants. The new projects are scheduled to…
By: Nathan Truitt, Executive Vice President, American Forest Foundation Carbon credit buyers today are presented with many black-and-white dichotomies and urged to pick sides. Reductions or removals? Tech-based or nature-based solutions? Yet these distinctions are nowhere to be found in the scientific literature on climate action, which makes clear we need all these activities to mitigate climate change. As COP30 approaches, companies…
Global alternative investment manager Apollo announced an agreement to acquire a 50% stake in one of the world’s largest offshore wind farms, the UK’s Hornsea 3, from energy developer Ørsted, with Apollo committing to invest $6.5 billion to fund the transaction and half of the project’s remaining construction costs. Located 160 km off the coast of Northern England, Hornsea 3…
Sustainability software and advisory company Position Green announced today the acquisition of supply chain transparency and human rights due diligence solutions provider Factlines. The transaction marks the latest in a series of acquisitions by Position Green, forming part of its efforts to establish a comprehensive sustainability platform. In September, Position Green announced the acquisition of ESG reporting and compliance solutions…
AI infrastructure provider Crusoe and modular nuclear power plant company Blue Energy announced the launch of a new partnership aimed at developing and operating a 1.5 GW nuclear-powered data center campus at the Port of Victoria in South Texas. In order to support the rapid buildout of the campus, the new project will see Blue Energy deliver the world’s first…
The GAIA Climate Loan Fund, co-founded by MUFG Bank, FinDev Canada and the Green Climate Fund, announced that it has raised $600 million in commitments at its first close, with proceeds to be used to fund loans primarily for climate adaptation projects in climate-vulnerable markets. The new fund is managed by climate-focused blended finance investment manager Climate Fund Managers (CFM)…