Blackstone has signed a definitive agreement to acquire Shermco, a provider of full life-cycle electrical equipment services, from Gryphon Investors in a deal valued at approximately $1.6 billion. Founded in...
X-energy, Amazon, Korea Hydro & Nuclear Power (KHNP), and Doosan Enerbility have signed a strategic agreement to accelerate deployment of X-energy’s Xe-100 advanced small modular reactors (SMRs) in the United...
Frontier has signed a $31.3 million offtake agreement with Planetary to expand ocean alkalinity enhancement (OAE) as a large-scale carbon removal solution. Under the deal, Planetary will deliver 115,211 tons...
BYD, once a battery supplier in Shenzhen, now stands at the centre of the global electric vehicle race. In 2024, it overtook Tesla in worldwide EV sales, a symbolic changing...
Asda has launched a sustainability-linked supply chain finance program with Lloyds, offering UK suppliers improved payment terms and rates tied directly to their sustainability performance. Under the scheme, suppliers who...
China will impose absolute emissions caps in selected industries beginning in 2027, marking a major shift in the country’s approach to carbon regulation. The announcement, made by the State Council...
Norway has officially launched operations at its Northern Lights carbon capture and storage (CCS) project with the injection of the first volumes of CO2 deep beneath the seabed. The project,...
Climate finance, carbon markets, and clean tech innovation defined this week’s ESG headlines. China launched a green foreign debt program to boost global capital flows, while the UK outlined draft...
China has rolled out a pilot program aimed at channeling global capital into its green economy through foreign debt financing. The initiative, launched by the State Administration of Foreign Exchange...
The UK has launched a public consultation on new draft Transition Finance Guidelines, a framework designed to unlock capital for high-emitting industries and position the country as a global hub...
Morgan Stanley Investment Management’s 1GT climate private equity strategy has joined a $105 million Series C round for Overhaul Group, a global provider of in-transit cargo risk management solutions. The...
The European Securities and Markets Authority (ESMA) and the European Environment Agency have signed a memorandum of understanding designed to tighten cooperation in the rapidly expanding field of sustainable finance....
BlackRock CEO Larry Fink and Roche vice chairman André Hoffmann have been appointed interim co-chairs of the World Economic Forum (WEF) as the institution enters a critical period of transition....
Eni has signed an agreement to sell a 49.99% stake in its carbon capture, utilization and storage subsidiary, Eni CCUS Holding, to Global Infrastructure Partners (GIP), the infrastructure arm of...
The Philippines is preparing to introduce a Carbon Credit Policy for its energy sector, a move the Department of Energy (DOE) says will help the country access growing carbon markets...