The European Commission today announced the selection of 77 zero-focused technology projects to receive €3.4 billion (USD$3.8 billion) of funding raised through its EU Emissions Trading System (EU ETS), with solutions ranging from energy-intensive industrial decarbonization and renewable energy to clean mobility and advanced nuclear technologies. According to the Commission, the new projects, spanning 23 countries, will enable 290 million…
Climate tech and renewable energy company Rabot Energy announced that it has raised €50 million (USD$56 million) in a Series B funding round, with proceeds aimed at expanding its technology platform and connecting household energy storage systems to create virtual power plants (VPPs). Founded in 2021, Hamburg-based Rabot Energy is a clean energy technology company providing dynamic electricity tariffs and…
The Asian Infrastructure Investment Bank (AIIB) announced an investment of up to $100 million in global alternative asset firm TPG’s Global South-Focused Climate Solutions Strategy, with a $50 million commitment to the TPG Rise Climate Global South Initiative (GSI) Fund, and up to $50 million in co-investments. The fund is designed to attract long-term private capital for high-impact climate opportunities…
Alternative asset manager Blackstone announced that it has raised $8.7 billion for the fifth vintage of its energy transition-focused private equity fund, hitting its hard cap one year after launching. Blackstone Energy Transition Partners (BETP) is Blackstone’s strategy for control-oriented equity investments across the entire energy transition value chain, including high-quality equipment, service and technology providers, and large-scale infrastructure projects…
Generali Investments’ clean energy infrastructure investment unit Sosteneo announced that it has secured over €450 million (USD$504 million) in capital commitments for its second flagship fund, including securing over €150 million in new fund commitments and co-investment capital at the fund’s first external close. Launched in 2025, the fund focuses on construction-ready clean energy infrastructure across European markets, investing where…
EU markets regulator the European Securities and Markets Authority (ESMA) announced the release of its annual European Common Enforcement Priorities (ECEP) Statement for corporate reporting, setting out key issues it will focus on for the current year of disclosures, with sustainability reporting remaining a focus topic for this year. Within its sustainability reporting topic, as in recent years, materiality will…
AI developer Anthropic announced the launch of “Anthropic Public Benefit Fund,” a new entity described by the company as “dedicated entirely to the public benefit,” providing the company with more flexibility to fund initiatives such as non-profits and AI-affected populations. The company, the owner and developer of Claude, said that it will immediately commit 5% of its shares to the…
German energy and infrastructure-focused commercial bank NORD/LB announced the acquisition of renewable energy and energy transition-focused financial advisory and M&A services provider Voltiq,with the transaction aimed at strengthening NORD/LB’s capabilities across the energy transition value chain. Founded in 2009, Amsterdam and Madrid-based Voltiq provides specialized financial advisory services encompassing project financing, debt and equity raising, and mergers and acquisitions advisory,…