EIB, BBVA Expand Green Lending With $410M Guarantee To Accelerate Climate Finance
€380 million ($410M) EIB guarantee supports up to €760 million ($820M) in new sustainable lending across housing, SMEs and real estate. Significant risk transfer...
ArcelorMittal to Invest $1.5 Billion in Low Carbon Steelmaking in France, Citing Improved Policy Environment
Steelmaking and mining company ArcelorMittal announced plans to construct a €1.3 billion (USD$1.5 billion) electric arc furnace (EAF) in Dunkirk, France, marking a major...
BNP Paribas, Eclipse Partner to Build Battery Storage Across Europe
BNP Paribas and energy storage company Eclipse announced a new partnership aimed at accelerating the deployment of Battery Energy Storage Systems (BESS) and strengthening...
Vision Ridge Raises $2.4 Billion for Climate-focused Real Assets Fund
Sustainable real assets investor Vision Ridge announced that it has raised $2.4 billion at the final close of its Sustainable Asset Fund, with the...
ERM, Jupiter Intelligence Partner To Turn Physical Climate Risk Into Investment and Resilience Strategy
ERM and Jupiter Intelligence combine analytics and advisory expertise to help firms quantify extreme weather risk and embed resilience into capital planning Partnership targets...
SOLV Energy Debuts On Nasdaq At $6B Valuation As Renewable Infrastructure Gains Investor Momentum
SOLV Energy’s shares jumped 20% on debut, reflecting renewed investor appetite for renewable infrastructure and energy transition assets. The company raised $512.5 million, aiming...
Shell Reviews Strategic Options For $1.55B Sprng Energy As Oil Majors Reset Low Carbon Strategy
Shell is reviewing strategic options for its India based Sprng Energy unit, a renewable platform with 2,300 MWp operational capacity and more than 5,000...
Von der Leyen: EU States Reinvesting Less than 5% of Carbon Pricing Revenues Back into Industrial Decarbonization
European Commission President Ursula von der Leyen defended the EU’s carbon pricing mechanism at an industry conference on Wednesday, noting the system’s progress on...
SEC Chair Says Commission to Review ESG Fund Names Rule
The U.S. Securities and Exchange Commission (SEC) has placed anti-greenwashing rules put in place by the Commission during the Biden administration setting criteria for...
Carbon Markets Could Save the Political Mandate for Net Zero in the EU — But They Have to Work
Guest post by: Sebastien Cross, Co-founder and Chief Innovation Officer, BeZero Carbon The adoption of the first voluntary certification methodologies under the Carbon Removal...