LaSalle Investment Management, the global investment management business of real estate-focused professional services firm JLL, announced that it has raised $370 million for the LaSalle Property Planet Protection Fund (Lp3F), its new fund aimed at accelerating the delivery of decarbonization solutions across commercial real estate portfolios globally. The company said that the fund will focus on properties requiring capital expenditures,…
Cleantech startup Renasens announced today that it has raised €10 million (USD$11.5 million) in a seed funding round, with proceeds aimed at scaling its waterless, chemical-free textile recycling platform in Europe. Founded in 2022 by Dr. Jade Bouledjouidja, Sweden-based Renasens has developed a waterless textile recycling solution designed to convert mixed textile waste into high-quality fibers, supporting circular material use…
Climate solutions provider Watershed announced the launch of a series of new capabilities within its platform, aimed at enabling companies to manage ESG data and produce sustainability reports across all ESG metrics and reporting requirements. According to Watershed, the new offering is being launched to address increasing challenges facing sustainability teams, driven by new and changing sustainability reporting regulations as…
The government of Germany announced Wednesday the adoption of its new Climate Protection Program, setting out its action plan to achieve its goal to reduce emissions by 65% by 2030 on a 1990 basis, backed by €8 billion in investments over the next four years. The program details 67 measures across the energy, transport, buildings and agriculture sectors, which the…
Global alternative asset and private equity investor KKR an agreement with by water, hygiene and infection prevention solutions provider Ecolab Water, hygiene and infection prevention solutions provider Ecolab announced today an agreement to acquire liquid data center cooling solutions provider CoolIT from KKR, in a deal valuing the company at $4.75 billion, generating a return of approximately 15 times the…
Madrid-based renewable energy company Zelestra announced today that it has secured a $600 million green financing credit facility to support the development of two solar projects in Texas, backed by long-term power purchase agreements (PPAs) with Meta, the owner of Facebook, Instagram, and WhatsApp. The two projects, the 252 MW Echols Grove and 187 MW Cedar Range facilities, are currently…
Biorecycling startup Epoch Biodesign announced that it has raised $12 million in a new funding round, aimed at accelerating the commercialization of its recycled nylon technology. Investors participating in the round include athletic apparel company lululemon – which has targets in place to launch alternative nylon solutions and to source 100% renewable or recycled content nylon for its products –…
The Church of England Pensions Board announced that it plans to vote against the reappointment of directors at banks that it has identified as having “materially backtracked” on climate commitments during the 2026 AGM season. The pension board specifically highlighted NatWest, Santander, and HSBC for its intention to vote against relevant items at their AGMs, adding that it will monitor…
Brookfield and Quebec-based institutional investor La Caisse announced an agreement to acquire Quebec-based global renewable energy platform Boralex, in a deal valuing the company at an enterprise value of USD$6.5 billion. Under the terms of the agreement, which has been approved by Boralex’s Board of Directors, Brookfield will acquire a 70% stake in Boralex, with La Caisse, who is currently…