Decarb Weekly 10/17/24
Decarb Weekly, by Industria Partners, is a collection of articles focusing on trends and transactions in industrial decarbonization and climate tech.
Chart of the Week:
2024 could be the year of exits – Net Zero Insights
Recent Market News:
- The US added approximately 700 new public fast-charging stations for electric vehicles in the second quarter, increasing the total to nearly 9,000, and is on track to surpass the number of gas stations within eight years. – Bloomberg
- BP has abandoned its target to cut oil and gas output by 2030, as CEO Murray Auchincloss scales back the company’s energy transition strategy to regain investor confidence. – Reuters
Transactions:
- 10/16/24: Williams has invested in ION Clean Energy, a carbon capture technology company that has created tools to help Williams and its customers further reduce carbon emissions in their operations. – Williams Companies
- 10/9/24: Paebbl, a company turning captured CO2 into permanent, carbon-storing materials raised $25M to supercharge carbon storage in the built environment. – tech.eu
- 10/9/24: Ember Infrastructure raised $500 million for its second green infrastructure fund. – Axios
In-Depth Read:
Renewables 2024 – IEA
Industria Partners provides focused strategic advisory services to industrial, climate, infrastructure, and energy companies at every point across the business cycle. Through industry connectivity, transaction experience, and expert execution, Industria delivers superior outcomes to its clients.
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