Impact venture capital firm Ananda announced that it has raised €73 million at the first close of its fifth core impact fund, significantly surpassing the firm’s initial €50 million. Founded in 2009, Munich-based Ananda invests in early-stage tech-driven startups across Europe that provide solutions to address societal and environmental problems. According to Ananda, the firm’s largest first close to date…
Power company Engie announced that it has made a final decision to proceed with a new UK-based biomethane plant, with an estimated investment of up to £70 million (USD$95 million), following a 10-year purchase deal with food and beverage company PepsiCo UK. Biomethane, or renewable natural gas (RNG), is expected to play a critical role in the transition to cleaner…
Geothermal energy exploration and development company announced that it has raised $115 million in a series C funding round, with proceeds from the financing aimed at expanding its AI-powered geothermal discovery platform, and to develop power plants that it has uncovered with its technology. Launched in 2021 by co-founders CEO Carl Hoiland and CTO Joel Edwards, Salt Lake City, Utah-based…
Professional services and information solutions provider Wolters Kluwer announced the appointment of Maria Montenegro as CEO of its Corporate Performance & ESG (CP & ESG) division. Montenegro takes on her new role after 4 years at Wolter Kluwer, where she has been most recently serving as Chief Strategy & Innovation Officer. Prior to joining Wolters Kluwer, Montenegro worked at McKinsey…
The Science Based Targets initiative (SBTi) announced today that it has passed a new milestone, with the number of companies with validated science-based climate targets passing 10,000. The achievement marks significant growth for the organization, with more than 2,800 new companies validated in 2025, and the total number of validated companies increasing nearly 40% from around 7,200 in early 2025, and…
TotalEnergies CEO Patrick Pouyanné said that the company will reduce its planned investments in clean fuel capacity, based on his prediction that the EU will not stick with its mandated targets for required sustainable aviation fuel (SAF) use. Pouyanné statement, made Wednesday during a panel discussion on clean fuels at the WEF annual meeting in Davos, follows the recent announcement…
Microsoft revealed the results of its carbon credit purchase activity in 2025, revealing that the tech giant signed agreements to remove a record 45 million metric tonnes of carbon dioxide last year, doubling the volume contracted by the company in 2024. Microsoft announced that it has significantly scaled its carbon credit purchase activity over the past year, with the tech…
German green fintech Cloover announced that it has secured $1.22 billion in financing, including $1.2 billion in debt and $22 million in Series A equity financing, as the company looks to scale its “AI operating system for the energy sector” to provide financing for residential clean energy systems across Europe. Founded in 2022 to address infrastructure gaps in decentralized energy,…
UK-based sustainability-focused consulting firm SLR announced today the acquisition of sustainability consulting, software and ESG data solutions provider WAP Sustainability. Founded by William Paddock and Brad McAllister in 2009, Nashville-based WAP Sustainability provides a range of technical and strategic services aimed at helping companies to meet their sustainability goals, with a strong focus on product sustainability. WAP’s focus areas include…