Decarb Weekly 4/16/2026

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: 

Geothermal generating capacity is projected to reach 7 to 9 GW by 2050, concentrated in the Great Basin of Nevada, Idaho, and Utah, with enhanced geothermal systems offering upside as technology economics evolve. – EIA Annual Energy Outlook 2026

Recent Market News:

• JPMorgan signed an agreement to purchase over 85,000 tons of carbon removal credits from Anew Climate, a TPG Rise portfolio company, and Aurora Sustainable Lands, a joint venture backed by Oak Hill Advisors, AB CarVal, EIG, and GenZero. – ESG Today
• Zanskar, a geothermal energy company combining AI, modern drilling, and computational geoscience, closed a $40 million non-recourse Development Capital Facility co-led by Just Climate and Spring Lane Capital. – Zanskar

Transactions:

• 4/15/2026: H.I.G. Capital acquired Inventus Power, a provider of lithium-ion battery systems for commercial and industrial applications. – H.I.G
• 4/14/2026: BridgePeak Energy Capital acquired ACT Power Services, a third-party operations and maintenance provider for solar and battery energy storage systems. – BridgePeak
• 4/14/2026: Divert, a company that converts food products into renewable natural gas, closed a Series C led by Mitsubishi Corporation. – Divert
• 4/13/2026: Critical Loop, a provider of modular microgrids that maximize existing grid capacity, closed a $26 million Series A led by Conifer Infrastructure Partners and Hanover. – Critrical Loop

In-Depth Read:
Global Energy Outlook 2026: How the World Lost the Goal of 1.5°C – Resources for the Future

Podcast:
Frontier Forum: Why clean energy capital boomed in a volatile year – Catalyst

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