Global property and casualty insurer Liberty Mutual Insurance’s investment firm Liberty Mutual Investments (LMI) and industrial decarbonization-focused private equity firm Ara Partners announced the formation of a new cross-platform partnership targeting investments across energy and infrastriucture. According to Ara Partners, the new collaboration includes a strategic commitment from LMI to support Ara’s Energy and Infrastructure investment platforms, and will also…
Energy tech startup tem announced that it has raised $75 million in a Series B funding round, with proceeds aimed at scaling its AI-energy transaction infrastructure for electricity markets. UK-based tem develops AI software which helps companies buy renewable clean power directly from generators, reducing reliance on energy wholesalers and brokers and transforming how electricity is bought and sold. To…
Guest post by: Alicia Heavisides, Head of ESG, Product Management at Dun & Bradstreet Climate change is now a direct risk to supply chains, with consequences that extend far beyond the obvious. But the challenge goes beyond recognising the threat. Supply chains are complex, with risks often hidden deep within supplier networks. With the projected cost of environmental risks in…
France-based investment firm Eurazeo announced today that it has raised €175 million (USD$208 million) at the first close of Eurazeo Sustainable Maritime Infrastructure II (ESMI II), it’s new fund aimed at supporting the decarbonization and energy transition of the maritime sector in Europe. According to Eurazeo, the fundraise significantly surpassed its €125 million first close target. The firm has set…
UK-based sustainability-focused consulting firm SLR announced today the acquisition of sustainability advisory firm SB&CO. Founded in 2020 by Nigel Salter and Penny Baxter, UK-based SB&CO advises companies on strategy, sustainability activation and integration, ESG, stakeholder engagement and communications. Services provided by the firm include support for companies in developing and executing net-zero roadmaps, Scope 1–3 emissions strategies and decarbonization planning. SB&CO…