Following the $4.75 billion acquisition of AI infrastructure-focused clean energy developer Intersect by Google, the company’s investors announced the spin-out of Intersect’s grid-tied power business to launch IPX Power as a new large scale independent power producer (IPP). IPX is being launched with some of the largest clean energy resources in the U.S., including a portfolio encompassing 4.4 GW of…

Guest post by: Mandi McReynolds, Chief Sustainability Officer & Vice President, External Affairs & Customer Advocacy for Workiva The atmosphere of 2026 has felt noticeably different. The era of “bold vision” has given way to a more grounded era of pragmatism. As we move through the first 100 days of the year, sustainability and finance executives are shifting from high-level…

Clean iron producer Electra announced that it has secured $30 million in new capital, through a venture debt facility from J.P. Morgan. Founded in 2020, Colorado-based Electra has developed a low-temperature process to electrochemically refine iron ore into 99% pure iron, using chemistry and renewable energy in place of traditional ironmaking’s coal and extreme heat. The process works by dissolving…

Sustainability software and advisory company Position Green announced the launch of ROI Calculator, a new tool designed to enable companies quantify the financial and emissions impact of decarbonization investments. Based on a financial model developed by Associate Professor Rickard Sandberg at Stockholm School of Economics, the new solution translates climate investments into measurable business outcomes, including return on investment (ROI),…

Energy infrastructure investment manager Copenhagen Infrastructure Partners (CIP) announced today that it has raised €1.3 Billion (USD$1.5 billion) at the first close of CI Green Credit Fund II, the firm’s second flagship green credit fund, focused on backing renewable energy and energy–transition projects and companies. The company is targeting an overall fundraise of €2 billion, including commitments to its closed-ended…

The LEGO Group revealed significant progress in its efforts to increase the use of sustainable materials in its products, announcing that it reached 52% renewable and recycled content in the materials used to produce its LEGO bricks in 2025, up from 33% the prior year. The new data was released with LEGO Group’s 2025 Sustainability Statement, outlining the company’s progress towards its…

The Net Zero Asset Owner Alliance announced the release of its updated Target-Setting Protocol, its key framework outlining requirements for signatories to set and report on portfolio alignment with net zero by 2050. The new publication, the fifth version of the Target-Setting Protocol, places a greater emphasis on transition elements and alignment with net zero pathways, rather than just on…

Netherlands-based cooperative bank Rabobank announced the launch of the Rabo Impact Foundation, a new platform aimed at investing in projects and businesses tackling societal challenges, ranging from energy transition to affordable housing. The foundation is being launched with an initial endowment of €102 million (USD$118 million) from Rabobank ,and aims to scale to €1 billion (USD$1.2 billion) over time. According…

Nuclear technology company TerraPower announced that it has received a construction permit from the U.S. Nuclear Regulatory Commission (NRC) for a commercial-scale advanced nuclear reactor utilizing the company’s Natrium technology. This announcement marks the first-ever construction permit issued by the NRC for a commercial-scale advanced nuclear power plant, according to the company. TerraPower President and CEO Chris Levesque said: “Today…

Biotech startup Shellworks announced that it has raised $15 million in a Series A investment round, with proceeds aimed at scaling its technology designed to produce an affordable biomass-based alternative to plastic packaging. Founded in 2019 by Insiya Jafferjee and Amir Afshar, UK-based Shellworks develops compostable packaging solutions made from naturally-derived materials. The company’s first materials, Vivomer, a polymer made…