Decarb Weekly 5/16/24

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 growth in wind and solar pushed renewables to make up more than 30% of the global electricity mix in 2023 – Ember Climate

Recent Market News:

• Abatable, a carbon intelligence and procurement platform, has published a study suggesting CORSIA carbon credit demand will outstrip supply by 2030. – Carbon Herald

Transactions:

• 5/16/24: Pertamina, Indonesia’s state-run energy company, and ExxonMobil have partnered up to build carbon capture facilities. – Carbon Herald
• 5/2/24: EnviroSpark Energy Solutions, a national EV charging company, has secured a $50 million investment by funds advised by Basalt Infrastructure Partners. – PR Newswire

Deep Dive:
Ember: Global Electricity Review 2024

Podcast:
How AI, the energy transition, and the future of work are shaping impact investing – Exchanges at Goldman Sachs

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.