TPG Rise Climate’s foray into climate resilience and adaptation
TPG’s climate-focused fund has joined with Milan-based Renaissance Partners to acquire a controlling stake in SICIT Group S.p.A, an Italian company that converts …
Tagged with: Low-carbon transition
European Investment Bank guarantees €200 million for green lending to small businesses
About 40% of global greenhouse gas emissions come from the operations and properties of small and mid-sized businesses. Achieving global climate goals will …
Mati Carbon leverages its $50 million XPRIZE to remove carbon and support farmers in tropical zones
What’s the first thing you would do after winning a $50 million prize for your promising solution for both carbon removal and soil …
Microsoft’s Climate Innovation Fund backs climate-smart forestry specialist EFM
Microsoft’s Climate Innovation Fund made its first US investment in forestry. The billion-dollar fund invested in EFM, a Portland-based firm that acquires forest properties …
In India, clean energy investment and innovation includes nuclear power
India’s government is making a push to build up its nuclear capacity in a bid to convert 50% of its energy needs to …
Credit: Varaha
Catalytic investors look to India’s huge market for outsized climate impact
When British International Investment set up the solar developer Ayana back in 2018, there was little to no investor interest in renewable energy …
Could trade chaos cut emissions and make impact investments the safer bet?
Donald Trump, green de-growther? The president’s draconian tariff regime has crashed global financial markets and dramatically increased the chances of a recession (unless, …
Photo by Gradyent.
Gradyent snags €28 million to create ‘digital twins’ of heating and cooling systems
Gradyent, based in Rotterdam, creates digital replicas of heating and cooling systems in three dozen European cities. The “digital twins” help energy providers …
Elemental Impact and Trellis Climate backs Nitricity’s organic nitrogen fertilizer plant
A group of Stanford University graduate students launched San Francisco-based Nitricity in 2018 to develop a plant-based and climate-smart solution to synthetic nitrogen …
Startups seek the spotlight with mobility solutions
Wind power. EVs. Trains? Along with renewable energy, public transportation finds itself in the Trump administration’s sights. This week, the Department of Transportation …
Photo: AP
TPG’s Jim Coulter is still bullish on climate and impact
Four years and whiplash-inducing policy shifts have not dimmed veteran investor Jim Coulter’s enthusiasm for impact investing. Climate and impact investments will make a …
British International Investment exits Ayana, its renewable energy company in India
British International Investment (then CDC Group) launched Ayana Renewable Power in 2018 with a $100 million investment in order to develop solar projects …
Belgium’s Junction Growth Investors exceeds first fund target to support growth-stage energy transition companies
Antwerp-based Junction Growth Investors launched in 2022 to help Europe’s budding climate tech startup ecosystem access growth capital while supporting the continent’s low-carbon …
Credit: Mati Carbon
Corporate buyers nudge voluntary carbon markets toward higher-quality projects
Corporate buyers are pushing ahead with big carbon deals in spite of setbacks for climate policy and climate action. New offtake commitments from …
Pyxis electric boat
Shift4Good clinches $230 million for sustainable transportation in Europe and Southeast Asia.
The transportation sector produces over 8 billion tons of greenhouse gases, mainly from road transportation. Shift4Good, a Paris and Singapore-headquartered impact venture fund, …
Credit: IDB Invest.
KKR acquires Dawsongroup in latest climate strategy investment
Private equity behemoth KKR has agreed to acquire Dawsongroup, a UK-based asset leasing business, through the investment firm’s global climate strategy. Dawsongroup, a …
Pacific Steel Group's Mojave green steel mill (photo: Pacific Steel Group)
Generate Capital finances green steel, with co-investment from CalSTRS and HESTA
Sustainable infrastructure investor Generate Capital extended a $200 million secured loan to Pacific Steel Group to construct the first green steel mill in …
Hamilton Lane launches impact fund 3 (exclusive)
Investment management and consulting firm Hamilton Lane has launched its third impact fund, ImpactAlpha can exclusively report. The fund has a $600 million …
As private equity fundraising goes south, whither impact investing in 2025?
Institutional investors and other limited partners are getting impatient to get their money back from private equity funds. And as they get crankier …
Climate tech investors retool for a changed landscape
The climate tech investment will shapeshift in the year ahead. Out: EVs and big battery deals. In: geothermal, nuclear and other clean, reliable …
Photo by Intersect Power.
TPG Rise and Google plug $800 million into Intersect Power for green data centers
Intersect Power has raised $800 million in a new round of funding, led by TPG Rise Climate, as part of a broader partnership …
Sustainable aviation fuel project in Pakistan snags $86 million
Safco Ventures, a Pakistan-based biofuel producer, secured financing from a group of development finance institutions to build a biowaste-to-aviation fuel plant that would …
Norrsken VC inks real estate ESG management software deal
Norrsken VC, the venture capital arm of Klarna founder Niklas Adalberth’s Norrsken Foundation, is looking to catch the upside of ESG tailwinds, which …
Galvanize Climate Solutions' Tom Steyer.
Tom Steyer’s Galvanize makes third real estate grey-to-green deal
Taking control of high-emitting assets in order to reduce their carbon footprint has long been seen as an important investment strategy, but few …
Apollo impact and climate funds make industrial contractor play
Private markets giant Apollo Global Management has invested in an industrial construction company from its impact and climate funds. The funds have acquired …
CalSTRS allocates $150 million to Ninety One’s growth equity decarbonization strategy
The California State Teachers Retirement System, which manages over $350 billion on behalf of California’s educators, picked global investment manager Ninety One to …
Credit: Forum Mobility
Climate United rolls out $250 million to electrify truck fleets
Climate United is using $250 million from its $7 billion National Clean Investment Fund award to buy up to 500 electric drayage trucks, …
Photo credit: BURN Manufacturing
BURN lands $15 million to electrify household cooking in East Africa
Households in the US are being nudged to switch to greener electric appliances with tax credits and rebates. In East Africa, they are …
Credit: Burn Manufacturing
How and why to restore trust in voluntary carbon markets
As the urgency to address climate change intensifies, carbon markets remain one of the most critical tools for reducing global emissions. These markets …
AI data centers tackle the sustainable energy challenge
After decades of stable demand, global electricity usage is on a sharp upward swing. US electricity demand could soar an average of 9% …
Credit: Heaten
A climate tech exit for Heaten returns cash to Azolla Ventures and other investors
Norway-based Heaten was in the early stages of making high-temperature industrial heat pumps when it scored an investment from Azolla Ventures two years …
Blending finance for India’s green transition
India’s state-run development financial institution, the Small Industries Development Bank of India, has for more than two years been working to support climate …
MetOx lands $25 million for high-efficiency transmission wire
Texas-based MetOx makes high-temperature superconducting wire, or HTS, that reduces energy loss in transmission and could speed the integration of new energy sources …
Cerulean Ventures closes $10 million early-stage fund for decarbonization
Cerulean Ventures, a climate tech venture capital firm in Santa Barbara, Calif,, closed a $10 million pre-seed fund to work with founders in four startups focused on carbon removal, global renewable energy credits, sustainable supply chains and a global blockchain to protect endangered natural resources.
ADB mobilizes more than $86 million for electrifying public transport in India
The Asian Development Bank has issued a loan of 3.6 billion rupees ($43 million) to Indian electric vehicle and renewables conglomerate JBM Group to …
Indonesia’s GRP aims to cut steel carbon emissions with a $60 million IFC loan
Steel is essential to energy and other critical infrastructure, but coal is no longer essential to steelmaking. To support Indonesia’s green transition, International …
Photo by Fortera.
Fortera raises $85 million for commercially scalable low-carbon cement
The Silicon Valley-based materials company has developed a process to capture CO2 emissions from carbon-intensive industrial cement production and convert it into a …
World Bank-issued Amazon reforestation-linked outcome bond attracts $225 million
The nine-year, principal-protected bond provides Nuveen, T Rowe Price, Velliv Pension, Mackenzie Investments and other investors with a coupon linked to the generation …
Green bank and community lending plans shift into high gear with release of $27 billion in federal climate grants
As the EPA releases $27 billion in grants to jumpstart America’s green transition, it’s creating hurdles and challenges for lender and project developers.
Photo by Intramotev.
Intramotev scores $14.4 million for battery-electric autonomous railcars
Freight vehicles that move goods worth trillions of dollars are responsible for up to 8% of global greenhouse gas emissions; the industry’s carbon …
Photo by LanzaTech.
Carbon recycler LanzaTech Global secures $40 million convertible note from Carbon Direct Capital
Chicago-based LanzaTech, which uses microbes to convert industrial carbon emissions into sustainable fuel as well as textile, rubber and packaging, went public last …
Credit: Zyp
Zyp Technologies raises $1.5 million to support electric two-wheeler adoption in Pakistan
As in India and elsewhere in Asia, two- and three-wheelers dominate the roadways of Pakistan. The country of 235 million people has 27 …
How Europe’s import carbon tax can boost prosperity, not hurt it
Starting in 2026, the European Union is expected to implement a definitive Carbon Border Adjustment Mechanism, an import tax of sorts to level …
Downforce Technologies raises $4.2 million to measure carbon stored in soil
Monitoring soil health and carbon is key to cutting land-based emissions, but is complex and expensive. Downforce, based in the UK, uses remote …
Washington State Investment Board recommends $400 million allocation to TPG Rise Climate’s second fund
TPG Rise Fund, the $19 billion impact investing arm of San Francisco-based private equity giant TPG, is in fundraising mode again. In a …