Green Technology

Technosylva Welcomes Strategic Growth Investment from TA

Retrieved on: 
Monday, August 15, 2022 - 3:15pm

Technosylva Inc. (Technosylva or the Company), a leading provider of wildfire simulation modeling, risk analysis and operational response SaaS solutions, today announced that TA, a leading global growth private equity firm, has signed a definitive agreement to make a strategic growth investment in the Company.

Key Points: 
  • Technosylva Inc. (Technosylva or the Company), a leading provider of wildfire simulation modeling, risk analysis and operational response SaaS solutions, today announced that TA, a leading global growth private equity firm, has signed a definitive agreement to make a strategic growth investment in the Company.
  • Wilson Sonsini Goodrich & Rosati is serving as legal counsel to Technosylva, and Goodwin Procter is serving as legal counsel to TA.
  • TA Associates (TA) is a leading global growth private equity firm.
  • Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies.

Three Sixty Solar Makes Public Markets Debut on the NEO Exchange

Retrieved on: 
Monday, August 15, 2022 - 1:30pm

NEO is excited to welcome Three Sixty Solar Ltd. (Three Sixty), a B.C.-based solar energy company, as they go public on the NEO Exchange.

Key Points: 
  • NEO is excited to welcome Three Sixty Solar Ltd. (Three Sixty), a B.C.-based solar energy company, as they go public on the NEO Exchange.
  • Three Sixty Solar towers are designed to provide energy efficient solutions for small commercial projects through to large utility-scale solar farms.
  • Three Sixty Solar is proud to bring solar to people and places where it could never be deployed before, commented Brian Roth, CEO of Three Sixty Solar.
  • Roth continued: We elected to partner with NEO because it is Canadas Tier 1 stock exchange for the innovation economy.

TerraPower Announces $750 Million Secured in Fundraise

Retrieved on: 
Monday, August 15, 2022 - 1:52pm

TerraPower, a leading nuclear innovation company, announced today the close of an equity raise that yields a minimum of $750 million.

Key Points: 
  • TerraPower, a leading nuclear innovation company, announced today the close of an equity raise that yields a minimum of $750 million.
  • The fundraise was co-led by SK Inc. and SK Innovation (collectively, SK) and TerraPowers founder Bill Gates.
  • This fundraise enhances TerraPowers groundbreaking work in advanced nuclear energy technologies and nuclear medicine.
  • TerraPower is committed to solving some of the toughest challenges that face this generation through innovation, said TerraPower President and CEO Chris Levesque.

STEER EV Subscription Platform Expands Across Continent to Launch in British Columbia

Retrieved on: 
Monday, August 15, 2022 - 2:40pm

From its inception, the STEER EV platform has been focused on challenging the traditional car ownership model and accelerating the general publics switchover to environmentally friendly transportation through an automobile subscription service.

Key Points: 
  • From its inception, the STEER EV platform has been focused on challenging the traditional car ownership model and accelerating the general publics switchover to environmentally friendly transportation through an automobile subscription service.
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    We are pleased to bring our EV subscription services to British Columbia, which is our second market in Canada, and our first launch on the west coast.
  • Shortly after British Columbia, our continent-wide rollout will continue with planned launches in Florida and California, said Suman Pushparajah, CEO of STEER.
  • STEER is an integrated ESG technology platform that moves people and delivers things through subscription and on-demand services.

CBRE Investment Management Announces Enhanced Focus on Solar, Battery Storage as Part of Sustainability Initiative in Growing Logistics Portfolio

Retrieved on: 
Monday, August 15, 2022 - 1:00pm

Earlier this year, CBRE Investment Management announced its first agreement with Altus Power to build and operate a portfolio of rooftop community solar projects on logistics facilities that are managed by CBRE Investment Management in Maryland.

Key Points: 
  • Earlier this year, CBRE Investment Management announced its first agreement with Altus Power to build and operate a portfolio of rooftop community solar projects on logistics facilities that are managed by CBRE Investment Management in Maryland.
  • These projects, which provide renewable energy to residential customers and CBRE Investment Management logistics tenants, are expected to produce savings for approximately 5,700 residential customers in Maryland.
  • CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the worlds largest commercial real estate services and investment firm (based on 2021 revenue).
  • CBRE Investment Management harnesses CBREs data and market insights, investment sourcing and other resources for the benefit of its clients.

e.GO, an Innovative Producer of Urban Electric Vehicles, Announces Agreement to Build New MicroFactory in the Republic of North Macedonia

Retrieved on: 
Monday, August 15, 2022 - 11:30am

Once in production, the North Macedonian MicroFactory will be the Companys 3rd MicroFactory worldwide, with the 1st being the in-production Aachen, Germany MicroFactory and the 2nd being the in progress MicroFactory in Bulgaria.

Key Points: 
  • Once in production, the North Macedonian MicroFactory will be the Companys 3rd MicroFactory worldwide, with the 1st being the in-production Aachen, Germany MicroFactory and the 2nd being the in progress MicroFactory in Bulgaria.
  • This agreement is another key milestone in e.GOs global growth and underscores the intrinsic value of our disruptive technology and innovation.
  • We are truly excited to expand our production footprint to the Republic of North Macedonia, following our progress in Bulgaria.
  • Headquartered in Aachen, Germany, e.GO designs and manufactures battery electric vehicles for the urban environment, with a focus on convenience, reliability and affordability.

Kimco Realty® Publishes Second Green Bond Report

Retrieved on: 
Monday, August 15, 2022 - 11:50am

Kimco Realty (NYSE: KIM), North Americas largest publicly traded owner and operator of open-air, grocery-anchored shopping centers, including mixed-use assets, today announced the publication of its second Green Bond Report , outlining the use of the net proceeds and the associated estimated environmental impact of the Companys inaugural green bond, issued in July of 2020.

Key Points: 
  • Kimco Realty (NYSE: KIM), North Americas largest publicly traded owner and operator of open-air, grocery-anchored shopping centers, including mixed-use assets, today announced the publication of its second Green Bond Report , outlining the use of the net proceeds and the associated estimated environmental impact of the Companys inaugural green bond, issued in July of 2020.
  • Of the $493.7 million in net proceeds from the green bond issuance, $356.5 million, or over 72 percent, has been allocated to finance Eligible Green Projects, as defined by Kimcos Green Bond Framework.
  • Green bond proceeds were also allocated towards the acquisition of twelve ENERGY STAR Certified tenant spaces.
  • "Our green bond financing allows us to make investments that enhance the sustainability of our portfolio, said Conor Flynn, Chief Executive Officer of Kimco Realty.

The Heritage Group Accelerator Welcomes 2022 Cohort

Retrieved on: 
Monday, August 15, 2022 - 12:00pm

The Heritage Group (THG) Accelerator today announced that seven companies have been selected to participate in its 2022 hard tech accelerator program at THGs innovation hub in Indianapolis.

Key Points: 
  • The Heritage Group (THG) Accelerator today announced that seven companies have been selected to participate in its 2022 hard tech accelerator program at THGs innovation hub in Indianapolis.
  • At The Heritage Group Accelerator, we pair innovators with hand-selected resources and expertise to scale their transformative technologies and write the next chapter in sustainable manufacturing, materials, infrastructure, waste and water treatment, and other hard tech verticals, said Nida Ansari, Managing Director of the THG Accelerator.
  • Each company was selected to be part of the 2022 THG Accelerator program after a rigorous application and review process.
  • The 2022 Heritage Accelerator cohort will be greeted today by more than 150 industry, technical, and business professionals during a Welcome to Our Ecosystem event at THGs innovation hub, The Center.

E.ON backs Future Energy Ventures on launch of Independent Climate Tech Fund

Retrieved on: 
Monday, August 15, 2022 - 6:00am

E.ONs current venturing team, Future Energy Ventures, has established a new, independent Luxembourg-domiciled venture capital fund, Future Energy Ventures Fund I SCA SICAV-RAIF (the Fund).

Key Points: 
  • E.ONs current venturing team, Future Energy Ventures, has established a new, independent Luxembourg-domiciled venture capital fund, Future Energy Ventures Fund I SCA SICAV-RAIF (the Fund).
  • This launch marks a new chapter for the venturing team in its mission to create a decarbonized future through Europes leading energy transition venture fund.
  • The Fund has three core investment themes within the energy sector: future energy, future cities, and future technologies.
  • As an anchor investor of the new Future Energy Ventures Fund, we will continue the successful collaboration.