Climate Pledge Fund

Direct air capture company CarbonCapture Inc. closes $80 million Series A financing

Retrieved on: 
火曜日, 3月 12, 2024

CarbonCapture develops, manufactures, and deploys highly scalable solid sorbent DAC systems based on its patented modular open systems architecture.

Key Points: 
  • CarbonCapture develops, manufactures, and deploys highly scalable solid sorbent DAC systems based on its patented modular open systems architecture.
  • "We are excited to support the growth of CarbonCapture Inc., an innovative company advancing the scalability and accessibility of carbon removal."
  • "Aramco Ventures is very pleased to support CarbonCapture's unique, modular direct air capture platform," said Chris Haase, Investment Director of Aramco Ventures.
  • "Siemens Financial Services is proud to collaborate with CarbonCapture Inc. as they take a leading role commercializing direct air capture in the US," said Steffen Grosse, CEO of Equity Finance, Siemens Financial Services.

Hippo Harvest Announces $21 Million Series B Funding Led by Standard Investments to Scale Next-Generation Greenhouse Platform

Retrieved on: 
水曜日, 2月 14, 2024

SAN FRANCISCO, Feb. 14, 2024 /PRNewswire/ -- Hippo Harvest, a controlled environment agriculture (CEA) startup developing advanced greenhouse systems that produce sustainably-grown produce, today announced the close of its $21M Series B funding round led by Standard Investments. Congruent Ventures, Amazon's Climate Pledge Fund, Hawthorne Food Ventures, and Energy Impact Partners also participated in the round. The funding will be used to scale the company's greenhouse operations and to expand its product offerings into new categories of leafy greens.

Key Points: 
  • SAN FRANCISCO, Feb. 14, 2024 /PRNewswire/ -- Hippo Harvest , a controlled environment agriculture (CEA) startup developing advanced greenhouse systems that produce sustainably-grown produce, today announced the close of its $21M Series B funding round led by Standard Investments .
  • The funding will be used to scale the company's greenhouse operations and to expand its product offerings into new categories of leafy greens.
  • Founded in 2019, Hippo Harvest operates a first-of-its-kind repurposed greenhouse facility in Pescadero, CA that out-competes traditional greenhouses in scalability and unit economics and is comparable to traditional outdoor-grown produce prices.
  • "We're excited by the opportunity to scale our production and reach more consumers with high-quality, sustainable produce," said Hippo Harvest CEO Eitan Marder-Eppstein.

Ambient Photonics Showcases the Future of Battery-Free Electronics at CES 2024

Retrieved on: 
木曜日, 1月 4, 2024

SCOTTS VALLEY, Calif., Jan. 4, 2024 /PRNewswire/ -- Ambient Photonics, pioneers of low-light, indoor solar cell technology for everyday electronics, is bringing its groundbreaking solar technology to the epicenter of electronics, CES 2024. Attendees can see and touch a range of real-world designs that demonstrate once and for all: Batteries are dead and indoor light is the future power source for billions of connected devices, from remote controls to building sensors and other ambient IoT technology.

Key Points: 
  • Ambient Photonics will demonstrate light-powered remote controls, keyboards, computer mice, sensors, and other electronics at CES booth 53755 in the Venetian Expo.
  • SCOTTS VALLEY, Calif., Jan. 4, 2024 /PRNewswire/ -- Ambient Photonics, pioneers of low-light, indoor solar cell technology for everyday electronics, is bringing its groundbreaking solar technology to the epicenter of electronics, CES 2024.
  • This means that electronics powered by Ambient Photonics solar cells will continue to perform in any indoor light.
  • "In today's world, connected electronics require ongoing power, which too often derives from disposable or rechargeable batteries," said Bates Marshall, Ambient Photonics' Co-Founder & CEO.

Candy Cane Lane, Starring Eddie Murphy, Slashes 4,000 lbs of CO2 With Mobile Clean Energy Batteries

Retrieved on: 
火曜日, 12月 19, 2023

Through the use of Moxion, the set of the holiday film, Candy Cane Lane, starring Eddie Murphy, averted over 4,000 lbs of CO2 emissions by replacing nearly 190 gallons of diesel fuel with clean energy.

Key Points: 
  • Through the use of Moxion, the set of the holiday film, Candy Cane Lane, starring Eddie Murphy, averted over 4,000 lbs of CO2 emissions by replacing nearly 190 gallons of diesel fuel with clean energy.
  • View the full release here: https://www.businesswire.com/news/home/20231219465609/en/
    An Amazon Studios crew member plugs in a Moxion Power battery on the set of an Amazon Studios film.
  • Candy Cane Lane harnessed more than 1,200 kWh of clean energy from Moxion’s batteries to deliver fuel cost savings of almost $1,000.
  • Beyond the entertainment industry, Moxion batteries are capable of powering construction sites, charging electric vehicles, and supporting utilities to meet energy demand.

CORSAIR Commits to Climate Action by Joining The Climate Pledge with Amazon and Global Optimism

Retrieved on: 
金曜日, 12月 15, 2023

CORSAIR firmly believes in the necessity of immediate and collective action to combat climate change.

Key Points: 
  • CORSAIR firmly believes in the necessity of immediate and collective action to combat climate change.
  • By formally joining The Climate Pledge, CORSAIR stands in solidarity with Amazon, Global Optimism, and the diverse assembly of over 400 signatories.
  • As a signatory of The Climate Pledge, CORSAIR pledges to:
    Consistently monitor and report its greenhouse gas emissions.
  • The decision by CORSAIR to align with The Climate Pledge underscores its strong commitment to sustainability.

euNetworks’ CEO delivers insight at COP28 on the company’s sustainability focus

Retrieved on: 
木曜日, 12月 7, 2023

The series of interviews captures lessons learned, sustainability success stories and key messages for the future from leaders across the energy, technology and telecom, manufacturing and finance industries.

Key Points: 
  • The series of interviews captures lessons learned, sustainability success stories and key messages for the future from leaders across the energy, technology and telecom, manufacturing and finance industries.
  • euNetworks has also released its latest Sustainability Report , detailing the company’s commitment to sustainability and substantial progress over the last year.
  • The company is undertaking this growth with a strong focus on sustainability and has been working hard through 2023 to deliver tangible progress on its long-term sustainability goals.
  • We obtained a Sustainability Linked Loan in 2021 that enabled us to embed our commitment to sustainability by including ESG-linked KPIs into our financial framework.

ARA PARTNERS CLOSES OVER $3 BILLION OF NEW CAPITAL COMMITMENTS

Retrieved on: 
水曜日, 12月 13, 2023

HOUSTON and BOSTON and DUBLIN, Dec. 13, 2023 /PRNewswire/ -- Ara Partners ("Ara" or the "Firm"), a leading private equity and infrastructure investment firm specializing in industrial decarbonization, today announced that it has closed over $3 billion of new capital commitments. The Firm has concluded a successful fundraising for Ara Fund III ("Fund III" or the "Fund"), closing on $2.8 billion of limited partner commitments, alongside dedicated limited partner co-investment vehicles.

Key Points: 
  • The Firm has concluded a successful fundraising for Ara Fund III ("Fund III" or the "Fund"), closing on $2.8 billion of limited partner commitments, alongside dedicated limited partner co-investment vehicles.
  • Fund III will continue Ara's strategy of investing in the decarbonization of the industrial economy, the greatest source of carbon emissions globally.
  • Ara's predecessor fund, Ara Fund II, closed in September 2021 at approximately $1.1 billion, above its $650 million target.
  • Rede Partners acted as placement agent, and Debevoise & Plimpton LLP served as legal counsel in the formation of Fund III.

ARA PARTNERS CLOSES OVER $3 BILLION OF NEW CAPITAL COMMITMENTS

Retrieved on: 
水曜日, 12月 13, 2023

HOUSTON and BOSTON and DUBLIN, Dec. 13, 2023 /PRNewswire/ -- Ara Partners ("Ara" or the "Firm"), a leading private equity and infrastructure investment firm specializing in industrial decarbonization, today announced that it has closed over $3 billion of new capital commitments. The Firm has concluded a successful fundraising for Ara Fund III ("Fund III" or the "Fund"), closing on $2.8 billion of limited partner commitments, alongside dedicated limited partner co-investment vehicles.

Key Points: 
  • The Firm has concluded a successful fundraising for Ara Fund III ("Fund III" or the "Fund"), closing on $2.8 billion of limited partner commitments, alongside dedicated limited partner co-investment vehicles.
  • Fund III will continue Ara's strategy of investing in the decarbonization of the industrial economy, the greatest source of carbon emissions globally.
  • Ara's predecessor fund, Ara Fund II, closed in September 2021 at approximately $1.1 billion, above its $650 million target.
  • Rede Partners acted as placement agent, and Debevoise & Plimpton LLP served as legal counsel in the formation of Fund III.

Stora Enso commits to net-zero carbon emissions

Retrieved on: 
火曜日, 12月 12, 2023

HELSINKI, Dec. 12, 2023 /PRNewswire/ -- Stora Enso commits to reach net-zero carbon emissions by 2040 by becoming a signatory of The Climate Pledge.

Key Points: 
  • HELSINKI, Dec. 12, 2023 /PRNewswire/ -- Stora Enso commits to reach net-zero carbon emissions by 2040 by becoming a signatory of The Climate Pledge.
  • Committing to net-zero emissions by signing The Climate Pledge is a logical step for Stora Enso in its long-term ambition to become net carbon positive, and to offer 100% regenerative products and solutions by 2050.
  • Stora Enso remains committed to deliver on its existing 2030 target to reduce absolute Scope 1, 2 and 3 emissions by 50% from the 2019 baseline.
  • Neutralise any remaining emissions with additional, quantifiable, real, permanent, and socially beneficial offsets to achieve net-zero annual carbon emissions by 2040.

Power Sustainable announces final Vintage II closing of $800M for Power Sustainable Energy Infrastructure partnership

Retrieved on: 
水曜日, 11月 29, 2023

MONTREAL, Nov. 29, 2023 /PRNewswire/ -- Power Sustainable, an alternative asset manager, today announced a CAD $200 million commitment for the Power Sustainable Energy Infrastructure partnership (the "Fund"), for a final close of CAD $800 million for Vintage II .

Key Points: 
  • MONTREAL, Nov. 29, 2023 /PRNewswire/ -- Power Sustainable, an alternative asset manager, today announced a CAD $200 million commitment for the Power Sustainable Energy Infrastructure partnership (the "Fund"), for a final close of CAD $800 million for Vintage II .
  • "We are very pleased to announce this final close of $800 million, particularly given current market and fundraising conditions," said Pierre-Olivier Perras, Managing Partner of the Fund.
  • The Power Sustainable Energy Infrastructure Partnership is led by Pierre-Olivier Perras and John Pires.
  • As Power Sustainable's pure-play renewable energy fund, its investment focus is on equity infrastructure in North America.