Industry News

Graphyte Secures $30MM Series A FundingGrowth Capital to Accelerate Graphyte’s Low-Cost Carbon Dioxide Removal SolutionPine Bluff, Arkansas; July 30, 2024 – Graphyte, a leader in the durable carbon removal industry, today announced the successful closing of a $30 million Series A funding round. The financing will be used to accelerate Graphyte’s innovative carbon dioxide removal […]

Molten Industries Leads Strategic Partnership With U. S. Steel and CPFD Software to Pioneer Carbon-Neutral Steel Production: $5.4M Grant from the Department of Energy Fuels Innovative Project with a Focus on Industrial Efficiency and Decarbonization July 23, 2024 08:30 AM Eastern Daylight Time OAKLAND, Calif.–(BUSINESS WIRE)–Molten Industries (“Molten”) will spearhead a collaborative effort with United […]

I Squared to Invest $200 Million for “Last-Mile” Electric Grid Infrastructure in the UK: Investment will see a new IDNO, Aurora, launch in the UK market New IDNO will help to drive decarbonization in the UK to reach net zero targets Energy industry leaders to take the helm of new IDNO business July 30, 2024 […]

Meta’s RFP: Value Chain Interventions for Emissions ReductionsAt Meta, we have a goal to reach net zero emissions across our value chain in 2030 which requires us to address emission sources throughout our value chain, particularly within hard-to-abate sectors and even where we are unable to attribute the reductions to a particular value chain partner. […]

Enlight Announces Financial Close on Atrisco Energy Storage Project: The financing package for the energy storage portion of the project includes over $400 million of loans and tax equity arranged by HSBC and U.S. BankAtrisco is one of Enlight’s flagship projects in the U.S., combining 364 MW of solar generation capacity with 1.2 GWh of […]

Innovation Endeavors leads A-1 funding round to support First Street’s go-to-market and international development plansJuly 25, 2024 NEW YORK, NY: First Street, the standard in physical climate risk data, announces the close of an oversubscribed Series A-1, five months after its oversubscribed Series A, bringing the total amount raised to $46 million. This round led […]

Permian Resources Announces Strategic Bolt-On Acquisition of Core Delaware Basin Assets: July 29, 2024 06:31 AM Eastern Daylight Time MIDLAND, Texas–(BUSINESS WIRE)–Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that it has entered into a definitive agreement with Occidental (NYSE: OXY) to purchase ~29,500 net acres, ~9,900 net royalty acres and […]

ArcLight Announces Operating Focused Renewables Initiative and New Wind Investment: SkyVest Renewables created with a highly experienced team and advisory board to operate and optimize renewables assets Initial $500 million capital commitment for new investments and brownfield development Acquisition of 160 MW operating wind farm indicative of strategy and value-add focus BOSTON, July 29, 2024 […]

AI-Driven Seismos and Edison Partners Team to Drive Energy Industry’s Digital Future: New growth investment in Seismos’ predictive analytics and digital technology platform that modernizes analog infrastructure of energy exploration and production markets July 10, 2024 08:00 AM Eastern Daylight Time AUSTIN, Texas & NASHVILLE, Tenn.–(BUSINESS WIRE)–Seismos and Edison Partners today announced a new $15 […]

Vital Energy to Expand Delaware Basin Position Through Bolt-on Acquisition: TULSA, OK, July 28, 2024 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today announced the signing of a definitive joint purchase and sale agreement to acquire the assets of Point Energy Partners (“Point”), a Vortus Investments portfolio company. The […]