Decarb Weekly 12/28/23

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 manufacturing projects announced since Inflation Reduction Act passage – Canary Media

Recent Market News:

• Danish renewable energy giant Ørsted is developing the world’s largest offshore wind farm (2.9GW) in the North Sea. The Hornsea 3 project will power 3.3m homes and, at £8bn, is Ørsted’s single biggest investment decision. – Carbon Brief

Transactions:

• 12/27/23: Weyerhaeuser, the U.S.’s largest private landowner, said it has sold its first batch of carbon offsets. This sale marks the timber-products giant’s entry into the booming market for forest carbon offsets. – WSJ
• 12/19/23: Summit Carbon Solutions announced that it acquired 80% of the Right-of-Way needed for its proposed carbon capture, transport, and storage project across North Dakota. – Summit Carbon Solutions

In-depth Read:
Why 2023 Was A Breakout Year In Carbon Removals – Forbes

Podcast:
Are Sailboats the Future of Shipping? – The Future of Everything

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.