Industry News

ENGIE and CarbonX join forces to scale the early market for permanent carbon removals through the investment of ENGIE New Ventures in the Paris-based startup. 9/5/2024 Carbon Dioxide Removal (CDR) is required to achieve global and national net zero targets, according to the Intergovernmental Panel on Climate Change (IPCC). While CDR cannot substitute for immediate […]

Schneider Electric collaborates with GR3N to tackle plastic recycling challenges and drive circularity in chemical sector: GR3N’s breakthrough new process to address current hard to recycle PET waste while meeting virgin-like quality Schneider Electric’s software-defined automation system enabling operational agility to scale from proof of concept to industrial level Together, companies are fostering innovation, driving […]

First Citizens Bank Serves as Co-Lead Arranger on $300 Million Credit Facility for Swift Current Energy: NEW YORK, Sept. 9, 2024 /PRNewswire/ — First Citizens Bank today announced that its Energy Finance business served as co-lead arranger on a $300 million senior secured credit facility for Swift Current Energy, a leading North American clean energy […]

Post Oak Energy Capital Provides Equity Commitment to Quantent Energy Partners: Quantent Completes Initial Haynesville Acquisition September 09, 2024 08:00 AM Eastern Daylight Time HOUSTON & OKLAHOMA CITY–(BUSINESS WIRE)–Post Oak Energy Capital, L.P. (“Post Oak”) today announced the closing of an equity commitment to Quantent Energy Partners, LLC (“Quantent”) from investment funds managed by Post […]

OCI Global Announces Agreement for the Sale of its Global Methanol Business to Methanex:  OCI Global (“OCI”, the “Company”) has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in its Global Methanol Business (“OCI Methanol”) to Methanex Corporation (“Methanex”), (the “Transaction”). Purchase price consideration of USD 2.05 […]

C-Zero is raising $18M to make emission-free hydrogen using natural gas, filings revealTim De Chant Source: TechCrunch10:57 AM PDT • September 6, 2024 Hydrogen startup C-Zero has raised $5 million of an $18 million funding round, according to an SEC filing. The company is developing a way to strip hydrogen from methane without emitting carbon dioxide. […]

6K Closes $82M as Part of Series E Fund Raise for Expansion of Production Capabilities LaunchCapital’s Chief Investment Officer Bill McCullen appointed Chairman of the Board with Volta’s CEO Dr. Jeff Chamberlain and auto industry veteran Beda Bolzenius joining as new board members September 05, 2024 09:00 ET| Source: 6K NORTH ANDOVER, Mass., Sept. 05, […]

Announcing MCJ Fund II $80.6M to Back Founders Rewriting Industries to be Cleaner and More Profitable MCJSep 05, 2024 We are pleased to announce we have successfully closed our second fund at MCJ, bringing in $80.6M in total capital commitments. This is a huge milestone for us, pushing our total assets under management to over […]

Energy Capital Partners (ECP) Acquires Majority Interest in PROENERGYSeptember 05, 2024 10:05 AM Eastern Daylight Time SUMMIT, N.J. & SEDALIA, Mo.–(BUSINESS WIRE)–Energy Capital Partners (“ECP”) has acquired a majority interest in PROENERGY Holdings (“PROENERGY”), a vertically integrated aeroderivative gas turbine platform with a 2.4 GW fleet of contracted peakers in Texas, from affiliates of Eos […]

DOE Invests $430 Million to Upgrade America’s Hydropower InfrastructureSeptember 5, 2024 Energy.gov The Biden-Harris Administration’s Investing in America Agenda Will Support 293 Projects Across 33 States to Improve Hydroelectric Facilities, Increase Dam Safety, Mitigate Fish and Wildlife Impacts, and Increase Access to Affordable, Carbon-free Electricity WASHINGTON, D.C.— As part of the Biden-Harris Administration’s Investing in […]