Decarb Weekly 4/6/23

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: 

Climate Funding Gets Squeezed by Volatile Markets – WSJ

Recent Market News: 

• Modern electricity grids that can optimize clean power production from a constantly changing flux of renewable and fossil energy sources are needed to facilitate an efficient energy transition. – Reuters
• Announced details about how countries will get to net zero enable investors to piece together how the shift to cleaner sources of energy will impact different industries, making winners and losers easier to spot. – WSJ
• The DOE has doubled its SolSmart program backed by $10 million in funding. The program is expanding into local solar development. – Canary Media

Transactions:

• 4/3/23: Holcim, a sustainable building products company, acquired Duro-Last Roofing for $1.3 billion to further expand into the U.S. roofing market. Duro-Last’s energy-efficient systems and recycling capabilities further Holcim’s push toward sustainability. – Holcim
• 3/30/23: Umicore invested a minority stake in U.S. based start-up Blue Current. The investment bolsters their Joint Development Agreement for silicon elastic composite solid-state batteries. – Blue Current

In-Depth Read:
Carbon Markets – The Regional Market Solution – PwC
Podcast:
A labor shortage may stall the clean energy transition – MarketPlace

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.