Lyten Acquires Bankrupt Battery Giant Northvolt
Advanced materials company Lyten announced an agreement to buy most of the key assets of bankrupt EV battery company Northvolt, with plans to restart...
Energy Vault Raises $300 Million to Launch New Energy Storage Platform
Grid-scale energy storage solutions provider Energy Vault announced that it has entered into an agreement for a $300 million preferred equity investment, aimed at...
BTG Pactual TIG Awarded $750 Million Sustainable Timberland Investment Mandate by Nest
UK pension scheme Nest announced the appointment of BTG Pactual Timberland Investment Group (BTG Pactual TIG) to implement a strategy providing its members with...
Standard Chartered Signs Deal to Sell Carbon Credits to Protect Rainforests
UK-based international banking group Standard Chartered announced today a new agreement with the government of the Brazilian State of Acre, with the bank acting...
UBS Exits Net Zero Banking Alliance
Swiss banking and financial services group UBS announced today that it has decided to withdraw from the Net-Zero Banking Alliance (NZBA), becoming the first...
FCA Looks to Simplify Sustainability Reporting Requirements for Asset Managers, Insurers
The Financial Conduct Authority (FCA), the UK’s conduct regulator for financial services firms and financial markets, announced plans to streamline and improve its sustainability...
Rolls-Royce Partners with INERATEC to Power Data Centers with E-Fuels
Rolls-Royce and clean fuels startup INERATEC announced a strategic partnership aimed at decarbonizing backup power systems for data centers by replacing fossil diesel with...
Blackstone Acquires Energy Data Analytics Platform Enverus
Alternative asset manager Blackstone announced an agreement to acquire data analytics energy intelligence platform Enverus, from private equity investors Hellman & Friedman and Genstar...
JPMorgan Mansart Launches Sustainability-Focused Global Equity Fund
J.P. Morgan’s specialist asset management business Mansart has launched the J.P. Morgan Mansart iCubed Global Equity Select Fund, a new fund aimed at providing...
bp, JERA Combine Offshore Wind Assets to Launch New Joint Venture
Energy giant bp, and JERA, Japan’s largest power generation company, announced the completion of JERA Nex bp, combining each companies’ offshore wind assets to...