Decarb Weekly 5/2/24

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: 

How America’s electricity mix could evolve – WSJ

Recent Market News:

• S2G Ventures plans to take on new LPs. Since it’s founding by Walmart heir, Lucas Walton, he has been the only LP. – TechCrunch
• Heidelberg Materials announced significant progress in it’s Edmonton CCUS Project. The project aims to be the first full-scale application of CCUS in the cement sector. – Heidelberg

Transactions:

• 4/29/24: Decarbonization Partners, a BlackRock and Temasek JV, raised $1.4 billion for its debut fund, beating it’s $1 billion target. – Venture Capital Journal
• 4/29/24: Pine Gate Renewables, a solar and renewable energy developer, closed $650 million in invested capital led by Generate Capital. – Waste360

Deep Dive:
Roadmap to Close the Carbon Cycle – Pacific Northwest National Laboratory

Podcast:
New Emissions Rules Could Spell the End of U.S. Coal Plants – WSJ

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.