The Climate Change Committee (CCC), the UK government’s climate advisor announced today the appointment of Energy UK CEO Emma Pinchbeck as its new Chief Executive. Pinchbeck, who announced that she will step down from her current role next month, will join the CCC on November 11. Established under the UK’s established under the Climate Change Act 2008, the CCC is…
The number of companies linked to greenwashing, or misleading claims about the environmental impact of their operations and products, fell for the first time in six years as regulatory and stakeholder pressure builds, according to a new report by ESG data science company RepRisk, although the study also found that severe greenwashing cases continue to increase, and that progress is…
Sustainable energy firm energyRe announced that it has signed a 12-year power purchase agreement (PPA) with Google, supplying the tech giant with 435 MW of renewable energy for its operations in the central U.S. from a new solar project. The project will be developed, owned, and operated by energyRe, and the firm will supply the generated electricity and Renewable Energy…
Renewable power company BrightNight announced that it has closed a $440 million strategic equity investment from Goldman Sachs Asset Management’s alternative investments platform Goldman Sachs Alternatives. Initially announced earlier this year, the investment is aimed at supporting BrightNight’s independent power producer (IPP) business model and the buildout of its utility-scale portfolio across the U.S. Founded in 2019 as a renewables-focused…
CDPQ and Nuveen Green Capital (NGC) have announced the establishment of a $600 million financing program for sustainable real estate investments. The program will combine senior and Commercial Property Assessed Clean Energy (C-PACE) financing, which enables property owners to finance the upfront cost for qualified energy, water, resilience, and public benefit projects. The program will support energy efficiency, water conservation,…
UK-based Neutreeno, which is developing a B2B SaaS platform for decarbonization, announced that it has raised $5 million in seed funding. The round was led by Regeneration.VC. Other investors include Remarkable Ventures Climate Fund (RVC), Closed Loop Partners, Prequel Ventures, Scania Invest and Beacon Venture Capital. Neutreeno, a spinout company from the University of Cambridge, has a platform that uses…