Nuclear technology company X-Energy announced that it has raised $500 million in a Series C-1 financing round, with proceeds aimed at supporting the commercialization of the company’s small modular nuclear (SMR) reactor technology. The financing round was led by Amazon’s Climate Pledge Fund, and was announced alongside plans to use X-Energy’s reactor design to support a 320 MW project with…
Kevin Leung, Sustainable Finance Analyst for European Debt Markets at IEEFA, explains the implications of Thames Water’s debt crisis for other UK issuers. Thames Water’s financial trouble has been brewing for over a year. The British water utility has been hinging on the prospects of equity injections, following the default of parent company Kemble in April. On 26 September, the…
Amazon announced a series of new deals, and a $500 million investment, kicking off an expanded move to nuclear energy as a component of its strategy to address the increasing climate impact of its rapidly growing data center footprint. The announcement marks the latest in a series of nuclear deals signed by the world’s largest tech companies, including Google’s small…
As businesses work to reduce their carbon emissions, employee engagement becomes a critical factor in achieving real, lasting change. When employees actively participate in sustainability initiatives, they help drive progress. But how can companies make carbon reduction engaging?