Decarb Weekly 11/6/2025

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: 

Clean energy project financing has nearly tripled since 2016, as banks fund early-stage projects and institutional capital drives a sustained rise in clean energy M&A and secondary market momentum – World Energy Investment 2025

Recent Market News:

• BCG’s 2025 private-markets sustainability report finds ESG integration deepening across 9,000+ portfolio companies, with decarbonization and employee-focused initiatives improving EBITDA by 4–7%. – BCG
• Google signed a new agreement with Brazil-based Mombak, to purchase 200,000 tons of CO2 removal, generated through the restoration of degraded land in the Amazon by planting native, biodiverse forests. – ESG Today
• Anacostia Rail Holdings’ Pacific Harbor Line entered a development agreement with climate technology company Remora to advance mobile carbon capture solutions for freight rail. – Carbon Herald

Transactions:

• 11/4/2025: CBRE acquired Pearce Services, a provider of maintenance, repair, installation, and engineering services for telecom and renewable energy infrastructure, for ~$1.2 billion in cash plus a potential earn-out of up to $115 million. – CBRE
• 11/4/2025: Flux XII, an energy storage company developing advanced materials for aqueous flow batteries, raised $3.95 million SEED funds. – Business Wire 

In-Depth Read:
Global Landscape of  Climate Finance 2025 – Climate Policy Initiative

Podcast:
Daniel Yergin on What Happened to the Energy Transition – Odd Lots

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. Visit our website: Industria Partners