Decarb Weekly 2/13/2025

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: 

Global energy transition investment surpassed $2T in 2024 – Canary Media

Recent Market News:

• Clean energy installations in the U.S. reached a record high last year, with developers adding 48.2 gigawatts of utility-scale solar, wind, and battery storage capacity, a 47% increase from 2023. – Canary Media

Transactions:

• 2/13/25: Irish agribusiness ClonBio has secured a $50.4 million EU grant for Europe’s first large-scale carbon capture and storage operation. – Carbon Herald
• 2/12/25: Nature-based carbon removal startup Chestnut Carbon has secured $160 million in Series B financing to expand its carbon credit initiatives by planting native trees on marginal and degraded farmland. – Tech Crunch
• 2/10/25: ACT-ion Battery Technologies, a lithium-ion battery CAM startup, has closed a $47.5 million Pre-Series A round led by BASF Venture Capital. – Globe Newswire
• 2/7/25: Mitsubishi UBE Cement Corporation (MUCC) has invested $5 million in MCi Carbon, an Australian cleantech firm, to advance mineral carbonation and carbon capture technology. – Carbon Herald
• 2/3/25: Gevo, Inc. has acquired Red Trail Energy, a North Dakota-based ethanol production and carbon capture and sequestration company, for $210 million. – Biofuel Digest

In-Depth Read:
Building and scaling Direct Air Capture plants – Climeworks

Podcast:
“North America will be the largest carbon capture market,” Wendy Lam, Capsol Technologies CEO – Carbon Herald

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