ESG
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U.S. FTC Drops Antitrust Investigation Against Volvo, Daimler After Truckmakers Commit to Not Enforce California Emissions Reduction Agreement
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The U.S. Federal Trade Commission (FTC) announced that it has closed an investigation into truck and engine manufacturers including Volvo Group, Daimler Truck, International Motors, and PACCAR, after receiving…
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U.S. to Invest $500 Million in Battery Materials, Manufacturing and Recycling
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The U.S. Department of Energy (DOE) announced plans to provide nearly $1 billion in funding to bolster the production and supply of U.S.-based critical minerals and materials, with more…
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Apollo Acquires Kelvion to Tackle Data Center Cooling, Energy Transition Opportunities
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Global alternative investment manager Apollo announced an agreement to acquire energy efficient thermal management solutions provider Kelvion from investment firm Triton, noting the company’s positioning to address “secular megatrends”…
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23 State Coalition Warns SBTi, Financial Firms Over Antitrust Risk from Net Zero Commitments
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A group of 23 U.S. State Attorneys General*, led by Iowa AG Brenna Bird, published a letter sent to the Science Based Targets initiative (SBTi), demanding information about the…
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Danske Bank Divests More than 85% of Fossil Fuel Companies Over Transition Plans
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Copenhagen-based Danske Bank Group announced that it has divested from the vast majority of its investments in fossil fuel companies through its Danske Invest fund management unit and Danica…
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Nuveen Raises $1.3 Billion for New Power Generation and Sustainable Infrastructure Credit Fund
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Investment manager Nuveen announced that it has raised $1.3 billion in capital commitments at the first close of Energy & Power Infrastructure Credit Fund II (EPIC II), reaching more…
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AWS Signs Renewable Energy Purchase Deal in India with Gentari
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Amazon Web Services (AWS) and Malaysian clean energy solutions provider Gentari announced that they have signed a new Power Purchase Agreement (PPA), supporting a new 80 MW wind power…
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Seaspan, Anew Climate Partner to Provide Low Carbon Renewable Marine Fuel
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Marine transportation company Seaspan’s subsidiary Seaspan Energy and climate solutions provider Anew Climate announced a new strategic agreement aimed at offering a more sustainable fuel option for ship owners…
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Trane Launches AI Lab to Advance Building Energy Management and Sustainability Solutions
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HVAC and climate control solutions company Trane Technologies announced the launch of the BrainBox AI Lab, a new initiative aimed at advancing AI and HVAC technologies to improve energy…
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Equatic Raises $11.6 Million to Remove Carbon, Produce Green Hydrogen with Seawater
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Climate tech startup Equatic announced that it has raised $11.6 million in a Series A funding round, with proceeds from the financing aimed at scaling up its seawater electrolysis…