Industry News

Avangrid Awarded $425M Federal Capacity Contract for Maine Transmission Project: Capacity contract granted through the Transmission Facilitation Program by the U.S. Department of Energy Grid Deployment OfficeAward represents one of the largest federal investments in energy development in Maine’s history October 03, 2024 06:30 AM Eastern Daylight Time AUGUSTA, Maine–(BUSINESS WIRE)–Avangrid, Inc. (NYSE: AGR), a […]

Sage Geosystems Expands Collaboration with the DoD to Enhance Energy Resilience through Geothermal Energy at Naval Air Station Corpus Christi: October 03, 2024 08:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Sage Geosystems, a leader in next-generation geothermal using its proprietary Geopressured Geothermal Systems (GGS) technology, announced today it has been selected to conduct geothermal project development […]

Powin Secures $200 Million in Debt Capital From KKR to Bolster Growth and Innovation in Energy Storage: October 02, 2024 07:00 AM Eastern Daylight Time PORTLAND, Ore.–(BUSINESS WIRE)–Powin, a global leader in battery energy storage solutions, announced today that it has successfully secured a revolving credit facility of up to $200 million primarily from insurance […]

Atlas Metrics raises €12.2M Series A funding to make ESG compliance effortless across EuropeSep 30, 2024 Series A funding round led by MMC Ventures with strong participation from existing investors Cherry Ventures, b2venture and Redstone. Atlas Metrics plans to invest in its team, expand into new markets, and continue to develop its ESG compliance and […]

energyRe and Google Sign 12-Year Power Purchase Agreement for 435-MWdc Solar Project: News provided by energyRe Oct 03, 2024, 10:03 ET HOUSTON, Oct. 3, 2024 /PRNewswire/ — energyRe today announced that Google has signed a 12-year power purchase agreement to purchase renewable energy from a 435-megawatt (MWdc) solar project to be developed, owned, and operated […]

Tailwater Capital Announces Sale of Tall Oak Midstream III to Summit Midstream Corporation: DALLAS, Oct. 1, 2024 /PRNewswire/ — Tailwater Capital LLC (“Tailwater”), an energy and environmental infrastructure private equity firm, today announced that it has entered into definitive agreements with Summit Midstream Corporation (NYSE: SMC) (“Summit”, “SMC” or the “Company”) and its wholly owned […]

Techem to Be Acquired for Total Consideration of €6.7 Billion With Investment From TPG and GIC Together with lead investor, TPG and minority investor, GIC, Techem will continue to expand and grow its leading position as a platform for decarbonising and digitising the building sector As a trusted partner to the real estate industry, Techem […]

DCVC closes $700 million+ in new funds for a healthier planet and healthier lives; releases second-annual Deep Tech Oppor­tu­ni­ties Report and first-annual DCVC Climate Impact Report Our first dedicated climate fund and newest DCVC Bio fund are putting deep tech to work 30 Sep 2024 In 2010, we launched DCVC with a simple mission: to […]

Morgan Stanley Investment Management Closes 1GT Climate Private Equity Fund at $750 Million Sep 30, 2024 The growth-oriented fund invests in companies seeking to mitigate climate change New York — Morgan Stanley Investment Management (MSIM) announced today that it has held the final close of the 1GT climate private equity fund (1GT) at $750 million […]

Lithos Carbon Researching Carbon Removal using Enhanced Rock Weathering for Microsoft Lithos Carbon Signs New Three-Year Agreement with Microsoft for Research and Permanent and Verified Carbon RemovalSeptember 25, 2024 11:32 AM Eastern Daylight Time BELLEVUE, Wash–(BUSINESS WIRE)–Today, Lithos Carbon announced Microsoft as a return carbon removal customer, having signed a new, three-year agreement to permanently […]