Green Infrastructure
Green Infrastructure | April 2, 2024
IRA-backed program commits $4 billion in tax credits for 100 green projects
The tax credits for more than 100 projects in 35 states are backed by the Qualifying Advanced Energy Project Credit (48C) program, which …
Ownership Economy | March 26, 2024
Wealth-building and community ownership in the next stage of The Great Deployment
Later this year, solar panels will be installed on the roof of the Brooklyn Army Terminal. Like thousands of emerging green projects across the …
Water | March 20, 2024
Tanzania turns to green bond market to improve urban water infrastructure
The East African country is new to the global green bond market but has quickly become one of Africa’s most active issuers. The …
Climate Finance | March 7, 2024
Gates Foundation seeds Africa Water Facility with $6 million grant for urban sanitation
ImpactAlpha, March 7 — Africa Water Facility, launched by the African Ministers Council on Water and managed by the African Development Bank, aims …
Frontier and Growth Markets | February 12, 2024
IDB Invest directs $100 million to modernize Jamaica’s electricity grid
ImpactAlpha, February 12 – Jamaica’s energy utility Jamaica Public Service Co. has been working in recent years to improve the reliability of the …
Green Infrastructure | February 9, 2024
Deal spotlight: Keyword for private equity giants: infrastructure
ImpactAlpha, February 9 — It was Infrastructure Week in private equity. As the private equity earnings cycle gets underway, Apollo, KKR and Brookfield …
Good Jobs | February 1, 2024
Upskilling Africa’s workforce for green jobs in renewable energy and resilient agriculture
ImpactAlpha, February 1 – National commitments to decarbonize economies and mitigate climate change are spurring a global green jobs boom, as countries race …
Dealflow | February 1, 2024
Zum raises $140 million for school bus batteries on wheels
ImpactAlpha, February 1 — School buses are the largest source of mass transit in the US, transporting over 20 million students to and …
Green Infrastructure | January 31, 2024
Pension funds power Generate Capital’s $1.5 billion sustainable infrastructure raise
ImpactAlpha, Feb. 1 – The infusion of equity capped more than a year of fundraising by San Francisco-based developer, operator, owner and financier …
Green Infrastructure | January 29, 2024
ResponsAbility backs CleanEdge Resources for wastewater treatment in Asia
ImpactAlpha, January 29 – ResponsAbility invested $20 million in Singapore-based CleanEdge to develop wastewater treatment and management facilities for corporate and industrial customers. …
Dealflow | January 23, 2024
Budderfly clinches up to $400 million in debt to help American businesses improve energy efficiency
ImpactAlpha, January 23 – Connecticut-based Budderfly is an “energy as a service” company that works with small and mid-sized businesses to upgrade their …
Africa | January 17, 2024
EAIF locks in $294 million in debt for infrastructure in Africa
ImpactAlpha, January 17 – The $100 billion gap in Africa’s annual infrastructure financing needs isn’t evenly spread. The Emerging Africa Infrastructure Fund is …
Clean Energy | January 10, 2024
African investors back Africa50 to accelerate sustainable infrastructure
ImpactAlpha, January 10 – Morocco-based Africa50 aims to spur critical infrastructure development in Africa with different funding mechanisms that help developers overcome financing …
Dealflow | January 3, 2024
Ara Partners takes a majority stake in USD Clean Fuels to expand green fuel infrastructure
ImpactAlpha, Jan 3 — Ara Partners has acquired a majority stake in Houston-based USD Clean Fuels, which develops and manages terminals to transfer …
Green Infrastructure | October 31, 2023
Indian electric two-wheeler manufacturer Ola Electric rakes in $384 million
ImpactAlpha, October 31 — Bangalore-based Ola Electric, launched by the ride-hailing company Ola, has raised nearly $1.6 billion since 2019 to manufacture electric …
Deploy! | October 31, 2023
DOE awards $1.3 billion to ease transmission bottlenecks
ImpactAlpha, Oct. 31 – Electric vehicles factories and renewable energy plants are rapidly rising across the US, thanks to federal tax incentives. Not …
Dealflow | October 24, 2023
Spearmint Energy secures $92 million in tax equity financing Texas battery storage
ImpactAlpha, October 24 – Miami-based Spearmint Energy has secured a $92 million tax equity investment for Revolution, a 300 megawatt-hour battery storage project in …
Water | October 11, 2023
Come hell or high water: Building community resilience to floods, droughts and water contamination
ImpactAlpha, Oct. 11 – Water — too little, too much or too dirty — isn’t simply emerging as a climate consideration. It’s forcing …
Clean Energy | October 5, 2023
CrossBoundary Access backs UK-based Mobile Power for battery swapping hubs in Nigeria
ImpactAlpha, October 5 — CrossBoundary Access has raised $35 million from the African Development Bank, Microsoft, Bank of America and other investors to …
Green Infrastructure | September 28, 2023
Infravision scores $23 million for drone-enabled grid upgrades
ImpactAlpha, September 28 — Australia-based Infravision has raised $23 million for its AI-powered drones designed to install and upgrade transmission lines. Infravision says its …
Africa | September 13, 2023
How Africa’s pension funds are financing the continent’s infrastructure gap
African countries have huge infrastructure needs, and governments need private investment to help meet them, particularly considering increasing climate impacts and green development …
Green Infrastructure | September 13, 2023
Financing power transmission—not just generation—to meet Africa’s climate goals
Renewable energy generation and storage opportunities were a key focus at last week’s Africa Climate Summit in Nairobi, culminating in $26 billion in new …
Climate Finance | September 5, 2023
CH4 Global raises $29 million to reduce livestock methane emissions
ImpactAlpha, September 5 — The roughly 1.5 billion cows on the planet burp and fart more than 150 million tons of methane per …
Climate and Clean Tech | August 29, 2023
Electric Era raises $11.5 million for high-speed EV charging at convenience stores
ImpactAlpha, August 29 — The shortage of conveniently located and reliable public charging stations is limiting the adoption of electric vehicles in the …
Green Infrastructure | August 15, 2023
IFC provides $236 million to Absa to finance green real estate in South Africa
ImpactAlpha, August 15 – By 2050, seven in 10 people will live in urban centers around the world; Asia and Africa are urbanizing …
Green Infrastructure | August 8, 2023
Hybar snags $700 million in debt and equity for recycled steel plant in Arkansas
ImpactAlpha, Aug 8 – Electric vehicle, battery and chip factories are rising in the US south and midwest. Hybar’s planned mill in Osceola, …
Frontier and Growth Markets | August 8, 2023
Acre Impact Capital secures €40 million to spur green infrastructure development in Africa
ImpactAlpha, August 8 – Africa faces an annual infrastructure financing gap of at least $100 billion. “Only 6% of all infrastructure financing comes …
Green Infrastructure | July 17, 2023
Managers vie for the mandate to stand up a national “green bank”
ImpactAlpha, July 17 — Green banks, credit unions, community development financial institutions, or CDFIs, and other nonprofit lenders are scrambling for the mandate …
Climate and Clean Tech | July 17, 2023
T-Mobile backs Pano AI to detect wildfires using its 5G network
ImpactAlpha, July 7 — T-Mobile, through its sustainability-focused venture capital arm T-Mobile Ventures, has backed San Francisco-based Pano AI, which has built a …
Signals | June 23, 2023
An EV supply chain takes shape
ImpactAlpha, June 23 – A flood of funding and tax incentives championed by the Biden administration is remaking American manufacturing. The latest signal: …
United States | May 31, 2023
Opportunity Zone investors bet $5 million on a Pennsylvania factory supporting the green building transition
ImpactAlpha, May 31 – In a previous career, John Wolfington redeveloped defunct factories and brownfield sites for residential and commercial use. Now, he’s …
Green Infrastructure | May 15, 2023
CAI backs Switch as part of a $300 million initiative to green the digital economy
ImpactAlpha, May 15 – Computers, data centers and other assets supporting the world’s growing digital appetite consume 10% of electricity worldwide. Sustainable investment …
Dealflow | March 7, 2023
ImpactA scores backing from Legal & General to invest in emerging markets infrastructure
ImpactAlpha, March 7 – Health facilities, sanitation, transit and energy infrastructure in many emerging markets are starved for debt capital to finance new …
Dealflow | March 2, 2023
Divert raises $1.1 billion to convert food waste into renewable natural gas
ImpactAlpha, March 2 — Concord, Mass.-based company has raised $100 million in growth equity from investors including Ara Partners and Canadian oil giant …
Green Infrastructure | February 15, 2023
ChargerHelp scores $17.5 million to repair EV chargers and create inclusive green jobs
ImpactAlpha, February 15 — More electric vehicles on the road means more demand for EV chargers that work. Broken and unreliable chargers have …
Dealflow | February 8, 2023
Zeitview raises $55 million for inspections of wind and solar-energy assets
ImpactAlpha, February 8 — Wind and solar farms tend to be decentralized, making it difficult and expensive to inspect them. Wind turbines, for …
Green Infrastructure | February 1, 2023
Startups raise green to reduce the carbon footprints of buildings
ImpactAlpha, February 1 – Buildings account for 40% of total global carbon emissions, because of how building materials are produced, what materials are …
Impact Tech | January 19, 2023
Summit Nanotech secures $50 million for sustainable lithium extraction
ImpactAlpha, January 19 — The scramble is on to commercialize sustainable lithium, which can overcome a major obstacle to the wholesale transition to …
Dealflow | January 11, 2023
Generate bets on Sedron Technologies’ municipal wastewater treatment
ImpactAlpha, January 11 — Generate Capital, the San Francisco-based sustainable infrastructure financier and operator, launched Generate Upcycle last year to expand into recycling, …
Climate and Clean Tech | January 5, 2023
Electrifying ‘dollar vans’ to boost livelihoods and cut carbon in New York’s transit deserts
ImpactAlpha, January 5 — Along Flatbush Ave. in Brooklyn, several informal “dollar vans” pass by for every city bus. The rides are more …
Dealflow | November 1, 2022
BlackRock secures $4.5 billion for its fourth global infrastructure fund
ImpactAlpha, Nov. 1 – The first close of the BlackRock Global Infrastructure Fund IV, which is targeting $7.5 billion, follows BlackRock’s $5.1 billion …
Climate Finance | October 28, 2022
ImpactAlpha Deal Spotlight: Climate and green infrastructure
ImpactAlpha, October 28 — Expectations may be low for the COP27 global climate summit, which kicks off in Sharm El Sheikh, Egypt next …
Green Infrastructure | October 11, 2022
Hy24 hauls €2 billion for clean hydrogen infrastructure fund
ImpactAlpha, October 11 – European governments are intensifying their efforts to reduce their reliance on Russian hydrocarbons – and to hit their targets for …
Clean Energy | September 27, 2022
Mirova raises $1.5 billion for fifth energy transition infrastructure fund
ImpactAlpha, September 27 — Paris-based Mirova is the $27 billion impact unit of French asset management firm Natixis Investment Managers. The B Corp …
Green Infrastructure | September 14, 2022
TeraWatt Infrastructure rakes in more than $1 billion for EV charging for commercial fleets
ImpactAlpha, September 14 — A lack of charging infrastructure for commercial vehicles is slowing the deployment of electric trucks. San Francisco-based TeraWatt Infrastructure …